So here is my walk through of my first trade of the week, which is still ongoing. I pulled the trigger 13 hours ago.

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First we got the AUD/USD 4 Hour chart. As you can see its recently in a downward trend, somewhere near the top of the bar. The horizontal is a key support zone I’m eyeing.

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GPB/USD 1 Hour shows that its at the top of its channel again. The area I circled is key here, as price is stalling in that region, which you can see following the hammer candle. This channel is bullish, however there is a stall, and news that does not support a catalyst for a break (see below). On top of that, price is overbought in this region.

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Not much to look at for the euro, which is why I’m not trading it. You have two intermediate so-so highs, and overbought territory.

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And here is the bread and butter for me pulling the trigger. This block of news prints rarely cause a big move, and from historical data you only get small spikes (which did not even exist on this night). On top of that, the USD prints typically are not a catalyst for risk on/off moves, so seeing the lack of catalyst I went with my short bias and entered the market.

SELL AUD/USD@ 1.05259 (sl 1.0550), risk 0.964% target 1.0480

UPDATE: Moved sl to 1.05097, and moved target to 1.0452, because my target did not trigger during NY crossover, I’m switching to a more long-term target. This trades a guaranteed win now.

EDIT: I forgot to mention that I picked AUD/USD to trade because I was expecting it to be the biggest mover of the night, and I missed the initial entry in the circled region for GPB/USD

FINAL UPDATE: I added a position at the wrong time, got stopped out at BE. The problem was.. somehow my stoploss also got triggered into a order going the OPPOSITE direction, which I saw when I woke up. Thanks to this technical glitch, I exited at loss immediately, and took a 0.5% loss. Not very happy. How the hell does this glitch even happen?

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