4X Made Hard

EURUSD
Short from 1.2070 1.2083 and1.2110


Full position and every add-on in the black. Had to absorb a lot of drawdown on this one. But system was showing massive divergence all week and very oversold.
 
Closed all at 1.2036. +74, +47, +34 = +155 total.

Looking to short on a confirmed 1.2040. Will also add to short at 1.2055 and 1.2070 should price bounce around on me a bit. Aggressive is target is 1.1900. Moderate target is 1.1980 and conservative target is 1.2000. Will possibly add on upon retest and break of 1.2000 area.
 
I'm curious as to what you made your Keltner Channel settings to be. I think I have a different setup in my software than you. Mine (forex.com) doesn't let you set standard deviation. It has the following settings:

Keltner Channels: value is set to 10
Zoom: value 1 is set to 30, value 2 is set to 65
Shift: value is set to 5

Using your setup, what would I put for these settings? Thanks.

Finn
 
Exited all Euro shorts at 1.2075. +30, -20, -25 = -10 overall. Poor timing. Poor management. But I got out with only -10, so that's not too bad. Could have been worse.. I was down over 100 combined at one point. Overall still showing short, but I'm going to wait until a setup forms.
 
Limit buy orders triggered at 1.2100 and 1.2115. Looking to exit at 1.2180-1.2190 area.

Last night the system gave a signal that I missed when it was happening....
www.4xmadehard.roxr.com/charts/PTS_01-18_1.gif
www.4xmadehard.roxr.com/charts/PTS_01-18_2.gif
www.4xmadehard.roxr.com/charts/PTS_01-18_3.gif
www.4xmadehard.roxr.com/charts/PTS_01-18_4.gif

But the move was pretty quick and I didn't want to jump onto a moving a bus.
www.4xmadehard.roxr.com/charts/PTS_01-18_13.gif
www.4xmadehard.roxr.com/charts/PTS_01-18_14.gif

So I set a few buy limit orders to catch any retrace at 1.2115, 1.2100, and 1.2190.

First limits triggered:
www.4xmadehard.roxr.com/charts/PTS_01-18_15.gif
www.4xmadehard.roxr.com/charts/PTS_01-18_16.gif

Currently up +50 and +35.
Looking to possibly add on again if there is a retrace to 1.2130.
 
This will be my final post in this journal. Centralizing things a bit. I'll be keeping a new live one atwww.4xmadehard.roxr.com/forum/

There are some long term patterns showing up on my radar. I'm initiating some long term positions in GBP and EUR that I'll pretty much set and forget for a while.

GBP showing wolfe wave with a target in the 1.8500 http://www.4xmadehard.roxr.com/charts/PTS_02-16b_1.gif

Intraday/Swing
GBP Long at 1.7392 targeting 1.7700 followed by 1.7900
http://www.4xmadehard.roxr.com/charts/PTS_02-16b_2.gif
http://www.4xmadehard.roxr.com/charts/PTS_02-16b_3.gif
http://www.4xmadehard.roxr.com/charts/PTS_02-16b_4.gif

On the Euro side of things I'm targeting a long term in the 1.2800 area.
http://www.4xmadehard.roxr.com/charts/PTS_02-16b_6.gif

Intraday/Swing
EUR Long at 1.1884 targeting 1.2025 followed by 1.2160
http://www.4xmadehard.roxr.com/charts/PTS_02-16b_7.gif
http://www.4xmadehard.roxr.com/charts/PTS_02-16b_13.gif
http://www.4xmadehard.roxr.com/charts/PTS_02-16b_8.gif

Much thanks to the support I received here and through pm's. I'm not sure I got what I was looking for here at elitetrader, but I did receive a lot of positive things that I wasn't looking for. Best of luck.

Chad
 
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