Trader Girl Forex Trades

Here's how I plan to trade these pairs for tomorrow, anticipated strongest on top, weakest on bottom.

GBP/JPY Buy 128.00
CAD/JPY Buy breakout of range high, buy 73.27 to 73.00
EUR/JPY Buy 116.00 to 115.81 Sell 119 – 119.23
USD/JPY Buy breakout of range high
GBP/USD Buy 1.4000 look for buying opportunities above hourly MA
USD/CAD Sell 1.2550, Buy 1.2342
EUR/USD Sell 1.2891, Sell breakdown of todays low
AUD/JPY Buy/Sell breakout of todays low volatility range

Weakest below

EUR/GBP Sell breakdown of todays LOW
USD/CHF Look to sell today's low, sell 1.1700
AUD/USD Sell .6650
NZD/JPY Sell today's low or 48.15
NZD/USD Sell Today's low

I knew today would be crappy trading day so I didn't bother doing analysis last night nor trading today. Lower volatility than I even imagined!
 
Quote from amytrade:

Here's how I plan to trade these pairs for tomorrow, anticipated strongest on top, weakest on bottom.

CAD/JPY Buy breakout of range high, buy 73.27 to 73.00

I knew today would be crappy trading day so I didn't bother doing analysis last night nor trading today. Lower volatility than I even imagined!
More...

I've been in CAD/JPY since Friday -- too bad the G7 meeting didnt drop the price of the Yen ... I know lots of folks were shorting the Yen over the weekend in anticipation of something, myself included.

And yeah, dead day for fx here in the States.
 
Took a buy at hourly MA yesterday at 73.75 and out at yellow take profit line 74.06. Then lost 25 pips buying at my level. Whenever wrong I make sure to see how weak a pair is. In this case CADJPY was super weak so I stopped looking for buys. Many times the CAD was weakest of ALL pairs and JPY strongest so I gave up and considered myself lucky for not being down in this pair.
 

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I had better luck in the EURJPY. I don't buy until trendline breaks so that IF MY LEVELS are a bit off but market is very weak it shoots right past them and I get BETTER entry price with a higher win %. That's what happened today in EURJPY. I don't watch the markets throughout the night I just set alerts that get sent to my cell phone and then will wake up and wait for an entry. In this case I took the breakout of trendline with stop under the swing low. Low small losses and most wins will be 2x+ bigger than the avg loss.

This trade was very good because it was right at the hourly statistical low and the containment band was underneath. Markets rarely break the c band unless the fx multimap is 30+ weakness which in this case was only 20 so I took it. I went back to sleep and my stop got me out at 116.22 for 39 pip win.

I wrote my own exit method in VB that tightens stop when statistical levels are hit and it often catches another 10 to 22 pips on trades.
 

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Areas I'm looking for tomorrow.

Score Predict
GBP/CAD 0.57 0.7 Buy 1.7900
USD/CAD 0.55 0.6 Buy 1.2550
GBP/JPY 0.52 0.55 Buy 128, Sell 133.75
GBP/USD 0.52 0.55 Buy 1.4050, Sell 1.4491


USD/CHF 0.49 0.55 Sell 1.1780, buy 1.1635
CAD/JPY 0.45 0.3 Buy 70.83, Sell 74.10
EUR/USD 0.45 0.4 Sell 1.2688 to 1.2700
EUR/JPY 0.44 0.45 Buy 115 to 114.85, Sell 117.60 to 117.78
NZD/USD 0.44 0.4 Sell .5180
NZD/JPY 0.44 0.4 Sell 48.00 to 48.16
AUD/JPY 0.42 0.35 Sell 60.00
AUD/USD 0.42 0.4 Very weak sell .6425 and .6475
EUR/GBP 0.42 0.4 Sell .8950
 
Very boring day today with only 2 of my levels being hit. I was looking for a trade around 1.2250 in USD/CAD and got in a bit early and moved my stop up on itial move my way and then it got hit. Lost 8 pips. I entered again with a 5 pip win and third time the charm and still in trade, long at 1.2545 and stop is just under 1.2570. If it can't take out the 1.2600 I'll exit around here for 50 or so pips.

Did CADJPY and had better luck. Shorted 74.25 and out at 74.18 for very small win and then shorted the breakdown of consolidation area at 74.19 and still short. Market hit 38% fib level and I'm hoping it will continue to 73.70 or even down to 73.50 which is my hoped for target, I'll be exiting there if it continues.

Boring day, I'm done for today.
 
Quote from JR97:

Very nice. Well done.
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Thanks. But I missed the GBPJPY short today at my level, could have made 55+ pips more. :-(

I got the alert on my cell phone but out of the house.
 
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