Ivan's Trade Thread, part II

EURJPY closed at +41pips from 135.55 ...

Looks like I should buy dips on EURJPY.
It seems like the 101 options expiries in USDJPY NY cut actually are getting into play...

Will be looking for good dips then... and EURJPY has better moves than EURUSD.

With all this thwarting back to 136 EURJPY and 101 USDJPY - a good downwards stop-run might emerge, but I'm not as comfortable going short - and the upwards pushers might get through and break free. Better go for the dips yet.

Will let the markets work for an hour or so... then look back at it. Maybe some time-regular waves will be emerging - like those 20-minute swings the other day - if markets continue volatile.

USDJPY above 102 would make for a interesting market.
 
A couple of bad scalps on EURJPY where I was greedily waiting for too much ... wanting +30pips, but because of the wild volatility had to sit through -20 as well .. it was up to +27 or around there ... but in the end I settled for +7 and +4. This fast shifting volatility is not my kind of game... not anyone's I reckon. Better wait some more for things to settle - but this dip might be a good entry for longer, although with this kind of volatility - the risk for a drawdown is higher than the chance of a bounce right now.

Long EURUSD at 1.3401 for back up close to 1.3480 .. prolly cut off at around +60 if possible. Stop .. changeable, will try to avoid negative by securing a +5-10 profit when/if momentum is good. That is when/if a wave upwards comes along...

Too many scalps at the same time... what a mess :)
Had the same trade up in several places and that made me close out at almost no profit where I should have better etc. A few successful EURJPY though, but there was a bit too much confusion to go through them now. Bottom line improved a bit though - so maybe around +50pips in total (€+6,200).
 
Going long eurjpy.

135.12
SL 134.49
TP 138.80

or trailing stop whatever happens first.

edit: also this trade has not been filled yet, buying on a stop.
 
Very narrow range just now - that was frantic trading for me - just like the previous ones. None of the trades closed negative, but I missed some pips when closing the wrong trade early... I will set hard targets for such narrow ranges rather - but I saw that some of them did not fill so I started closing all...

17:00 CET Just now it looks like the lower zone of the EURJPY is getting some attention - and after all that nibbling upwards... a slide might be in again.

I will prolly buy into a dip - but rather halfway back or something.
 
Quote from trackstar:

Going long eurjpy.

135.12
SL 134.49
TP 138.80

or trailing stop whatever happens first.

edit: also this trade has not been filled yet, buying on a stop.
More...

cancel trade, invalidated. No fill.
 
long EURJPY 134.68 target ... dunno - somewhere above 135... will try to see this wave out. Added another at 134.59 .
Closed latter at +21 pips. Setting the other to close on 135.00 ... but will monitor. It went back, but seems to have it in - to get to 135.

18:00 CET still slightly negative now .. maybe close..

Finally filled... for +32pips.

18:15 CET it still goes - but it is so erratic, so therefore I close quicker when I can.
 
I set the trade on "auto pilot" with stop and target, but it seems slow to get there...
I was 7-8 pips away just now, but the other majors seem to have problem getting traction, and the EURUSD is not holding above 1.3420 .

Maybe it was 1-2 pips away there earlier... frustrating :)

20:48 CET finally the fill for +30pips...

Pretty defensive scalping by me now, but with this volatility I think it's a good way of reducing the risk... unless those times when I stack up with trades, averaging down etc - but somehow I even out the trades, so it works in the volatility when no large moves are imminent.

20:53 CET now the 101 USDJPY just broke - so that shows I should have done an EURJPY scalp as well/in stead - and there is prolly a good upside.

EURJPY long 135.80 - target around 136.20 ... monitoring stop. Averaged in another at 135.61 .
 
Closed both scalps at 136.45 ... :)
+65 and +84 pips.

Good entries and exits, although I thought I would be struggling more with the first from 134.80 ...

I'm now just €3,500 from having made 300k from scalps these weeks now... since Monday October 6.
That is close to my initial goals of the longer term trades. If these longer term trades go in it will be nice too. Nonetheless, the possible drawdown is half of what I've gotten from scalps - with hard stops; so I guess I'm up anyway - unless I completely go overboard in scalping... which is pretty unlikely.

And I managed to prove to myself that I still can scalp pretty ok, even after some long time off.
 
You must log in or register to reply here.
Back
Top