Tradex Forex Journal

Tradex · Oct 18, 2020

Come on Kiwi, let's see some breakout you fool.

Tradex · Oct 18, 2020

Don't you dare break the other way now, you hear?

Tradex · Oct 18, 2020

The Aussie, NZD's cousin, is going down on the 1-min chart, usually not a good sign.

Tradex · Oct 18, 2020

Trading results for last week will be given soon, busy with the charts now.

Tradex · Oct 18, 2020

Out NZD/USD at 0.6620, 2 pip loss.

We now have a possible breakout to the downside in progress.

Tradex · Oct 18, 2020

Yep, breakout was to the downside (see second rectangle on the 1-min chart).

A failed Bull Flag pattern sometimes produces powerful moves in the new direction.

Tradex · Oct 19, 2020

Short NZD/USD at 0.6620, 21 pip stop.

Now behave, kiwi.

Tradex · Oct 19, 2020

Tradex said:
Short NZD/USD at 0.6620, 21 pip stop.

Now behave, kiwi.

That's it, go get those damn pips boy!

Tradex · Oct 19, 2020

Alright here are the trading results for last week.

Short GBP/JPY at 137.45, 37 pip stop : +100 pips
Short NZD/USD at 0.6642, 28 pip stop : -10 pips
Short NZD/JPY at 70.00 , 26 pip stop : break-even
Short AUD/USD at 0.7137, 18 pip stop : -10 pips
Short AUD/USD at 0.7137, 18 pip stop : break-even
Long GBP/NZD at 1.9580, 41 pip stop : break-even
Long EUR/CAD at 1.5475, 28 pip stop : break-even
Long GBP/AUD at 1.8248, 38 pip stop : break-even
Long GBP/AUD at 1.8241, 35 pip stop : -14 pips

Total for week ending Friday 10/16/2020: +66 pips
Total since beginning: +206 pips

As a reminder data feed is from FXCM, the second largest retail FX broker I believe.

Tradex · Oct 19, 2020

Australian Monetary Policy Meeting Minutes in 5 minutes (8:30 PM NY time), fasten your seat-belt and extinguish your cigarettes...