Tradex Forex Journal

[Onra]

Did you expect a breakout?
(Hindsight: 1.5210 was today's open; price reacted to it before)

 

[Onra]

There is some kind of unwritten trading law, a subset of Murphy's, that says when you post live trades on an internet forum you will lose until you stop posting.

should be in the "Trading Proverbs"!

 

[Tradex]

Long AUD/NZD, 21 pip stop.

This is usually a messy currency pair but I have no choice.

 

[Tradex]

There is some kind of unwritten trading law, a subset of Murphy's, that says when you post live trades on an internet forum you will lose until you stop posting.

Nice, a trader with a good sense of humor, I like that.

 

[Tradex]

Did you expect a breakout?
(Hindsight: 1.5210 was today's open; price reacted to it before)

No I don't trade breakouts Onra, most of them are fake anyway, or short-lived at best.

 

[Tradex]

Hmmm... Three Black Crows plus a bearish engulfing pattern, not a good sign for long positions.

Easy AUD/NZD, easy.

 

[Tradex]

From a (subjective) chart analysis perspective, we have a possible breakout of a down trendline on the AUD/NZD (1h chart), or so it seems.

I know, a trader would do anything to "confirm" his trade.

 

[Tradex]

FOMC in less than 25 minutes, hope it moves that turtle.

 

[Onra]

Wish I could help you man...
To me the area 1.0694 - 1.0700 seems crucial.

 

[Tradex]

To me the area 1.0694 - 1.0700 seems crucial.

Yep, that little weasel is trying to break it.