Trade No 9 - EUR/USD

Price rejected the key support/resistance level at 1.3750 over the course of the night and the early hours of this morning.

This gave me a nice opportunity to add to my EUR/USD long position with a tight stop.

I added long @ 1.3760 (20 pip stop).

Trade Update

EUR/CAD turned on me!

I happened to be watching events unfold on the 15 minute chart (to get a clear view of price reacting) and I thought I was going to be saved by the pin bar in my chart but I wasn't. I tightened my stop on the break of the pin to 1.3470 which was subsequently hit.

Trade No 8 was therefore closed for a loss of 20 pips (0.5%).

Trade No 8 - EUR/CAD

Got back in long again after test of ascending trendline, test of broken descending trendline and support around 1.3425.

I am long @ 1.3470 (80 pip stop).

Would have gone long off the hammer on the H4 charts but I was asleep then!

  

I therefore decided to drop down to the H1 charts to look for an entry and decided to buy at the close of this mornings (London session) opening candle:

Trade No 7 - AUD/JPY

I posted this possible setup yesterday at Forex Factory and have since taken the trade.

I am long AUD/JPY @ 82.90...


The reasons for the trade were:


1. Retracement to ascending trendline

2. Retracement to support/resistance at 82.50

3. Retracement to fib levels

4.  Hammer formed (as trigger) at the area of interest

Trade Update

Trade No 3 (GBP/USD long @ 1.6100) closed out at breakeven.

Trade No 6 (EUR/CAD long @ 1.3450) closed out for +100 pips.

Trade No 6 - EUR/CAD

Trade No 2 (AUD/USD Long) closed out today at breakeven.

Trade No 5 (EUR/CAD Long) closed out today at breakeven.

I am long EUR/CAD @ 1.3450

After my earlier trade on EUR/CAD got closed out (today, at breakeven) I decided to get back in (a few pips higher) after price formed a bullish outside bar on the 4 hour charts:

Trade No 5 - EUR/CAD

My EUR/CAD long triggered today...

I am long EUR/CAD @ 1.3420 (100 pip stop loss).

All other trades remain open.