Tradex Forex Journal

[Tradex]

Short AUD/USD at 0.7852, 12 pip stop.

Out at 0.7839, +13 pips.
Off to bed, goodnight.

 

[Tradex]

Long gbpusd at 1.4150, 25 pip stop.

 

[Tradex]

Long gbpusd at 1.4150, 25 pip stop.

Out at 1.4140, 10 pip loss.

 

[Tradex]

Shitty intraday price action today, not a single trend to ride (or even a decent reversal to follow), just noise all over.

I am going to have a couple of beers and listen to some rock music for a while.

 

[Tradex]

Short Yen at 108.65, 15 pip stop.
(Copycat traders proceed with caution, the 5 PM rollover might hurt you if slippage is severe).

 

[Tradex]

The only problem with this short Yen trade is that big, mean candlestick Hammer on the 1h chart (usually a bullish reversal formation).

But let's see...

 

[Tradex]

Short Yen at 108.65, 15 pip stop.

That's more like it, down boy, down.
Target is 30 pips.

 

[Tradex]

Short Yen at 108.65, 15 pip stop.
.

Out at 108.62, +3 pips (I have to go out and take care of some stuff so I won't be able to monitor this trade any longer).

 

[Tradex]

The only problem with this short Yen trade is that big, mean candlestick Hammer on the 1h chart (usually a bullish reversal formation).

Here is that bad, fat, mean hammer (1h chart).
It is virtually impossible to break that kind of formation (to the downside) in the Asian session.

 

[Tradex]

Long NZD/USD at 0.7235, 15 pip stop.