FX Incubator Fund Journal

[Peternam]

What's the account balance at this time ?

How much leverage do you use ?

 

[JuniorCTA]

Quote from Peternam:

What's the account balance at this time ?

How much leverage do you use ?

I am using 1:50 leverage. I will post the account balance when all open trades are closed.

 

[JuniorCTA]

Adding limit sell on eurusd at 1.2859.. should be a easy 5 pips. (if it does not start going down from here 1.2820)

 

[JuniorCTA]

Quote from JuniorCTA:

Attention is shifting away from EUR/USD. Consolidation time, I expect slight down on EURUSD. But not positioned in EUR/USD.

Corrections imminent on USDCHF and USDJPY pairs.


USDCHF

10k @ 1.01214

10k @ 1.01171

5k @ 1.01137

Target 1.0140

USDJPY

5k @ 84.178
5k @ 84.177

Target $86

I am still positioned in these pairs. Closed the batch of USDCHF trades at target and opened another 7500 unit purchase around 1.0127. I think USDCHF can go as high as 1.03381. the push might be waiting for the unemployment print.

Going to take a quick nap and be back to trade when the HFT boxes try to eat each other. (ie. non farms)

 

[JuniorCTA]

Quote from JuniorCTA:

I am still positioned in these pairs. Closed the batch of USDCHF trades at target and opened another 7500 unit purchase around 1.0127. I think USDCHF can go as high as 1.03381. the push might be waiting for the unemployment print.

Going to take a quick nap and be back to trade when the HFT boxes try to eat each other. (ie. non farms)

Out of all positions. I noticed that USDJPY gapped up so I am short with $84.76 as a target short term from 85.2

 

[JuniorCTA]

Today marks the 13th day of trading in which I should have accumulated $572 or 572 pips. ($1 * 44 * 13).

I am very pleased to announce that my persistence has paid off and I am about ~65 pips above what I should be.

My account balance currently stands at $1,636.67.

Which is about $64.67 (64.7 pips above).. I could take Sunday off! (but I won't)

I am done trading for the rest of the day/week and I wish you all a prosperous trading for the rest of the day and don't forget to have a good weekend!

I'll be back on the grind on Sunday!

 

[JuniorCTA]

I am setting up for the open and EUR/USD looks interesting. Longer-time frame suggests bullish outlook.

Pending buy order at $1.2859 @10k

Pending sell order at $1.2940 @ 5k
Pending sell order at $1.2990 @ 5k
Pending sell order at $1.3017 @ 5k

All scalps.

I am going to take a quick nap and be back at this around 5-6PM ( I am in the east coast )

Trades are currently not entered but that is what I am looking at, or what I believe is in play for today. ( I don't want to wake up from my nap too late and see a nasty surprise )

 

[JuniorCTA]

Just went short. expecting a 'healthy' $1.2865 print. Short roughly 15k position(s) from $1.28818.

 

[JuniorCTA]

Immediate spike up after the last post... weird. Program picked up most of my slack. I am short roughly 48k with averaged position 1.28861.

 

[JuniorCTA]

Still expect a 2865 print but got tired of waiting and squared off for the day. Lack of liquidity and easy for dealers to play games. A few times I felt directly messed with because as soon as it came near my entry it jumped up against me 10+ pips to slowly go back down (did this a few times).

Squared for Day 15. Account balance should be at $1,660 (44*15 + $1000); fortunately it's at $1,700.23.

+$40.23

Isn't much, but in a few weeks the same work will yield more fruit.

Nap time!