TRADE, AUDUSD, 5.9.2016
TRADE SUMMARY: nice reaction with spike convinced me that this supply zone is worth trying. It wasnt. Definitely a B play taken with A size risk.
iterating towards truth
TRADE SUMMARY: nice reaction with spike convinced me that this supply zone is worth trying. It wasnt. Definitely a B play taken with A size risk.
TRADE SUMMARY: pair had a a beautiful ignition just at the area of previous demand. This presented an opportunity of confluence that could not be turned down.
TRADE SUMMARY: market presented the opportunity. I have identified a potential fade at the green line, but did not place order due to other correlated plays. The target was not pre-set so hard to give an opinion about exit now seeing the move.
TRADE SUMMARY: USDCAD presented a good SUPPLY ZONE with deep pocket and POC at 3090's. With first D1 wick candle and then second, it was a good candidate to look for short.
TRADE SUMMARY: AUDJPY pair was getting to a zone of previous resistance. 78.22 was a POC of previous supply. Unfortunately the slow action killed this entry.
TRADE SUMMARY: very decent DZ, near extreme, nice push up. Reasonable retrace in time. Unfortunately market wanted to explore little bit more lower. So loss for me. Good trade.
TRADE SUMMARY: strong post BREXIT drop, caused market range and slowly retrace. On a swing retrace, held ENTRY at SZ, targeting lower areas of previous Support. Retrace came and then headed towards the target.
TRADE SUMMARY: D1 SFP in front of DZ, hard decision. Went long on the order retrace back to the ignition. Driver initiated through from NEWS up to first level of trouble, also could be considered FTB pattern I as facing again. Could have exit there but target was higher. On a retrace back and min. PA to return back above prev HIGH I have exited.
Pair hit the D1 support and bullish buy zone. Then retraced higher. Identification trigger was hit. I have setup my limit orders and did not pay attention anymore. Market came few ticks above my order but did not trigger them. After reaching previous high, I have cancelled orders. Liquidity was injected but without me. Next.
Since I have been logging all my trades into Evernote and I m lazy to manually update them into Wordpress, I have now synced Evernote and Wordpress. You will be able to see my swing trades setups taken with analysis I m after each trade.