Currency trading on D1 time frame

[trader_d]

Well it seems euro is decided to go down. Support level of 1.3300 has broken last Friday. So I took two sell positions on euro.
Australian dollar is still in its range bound. Right now I'm holding my buy position. But depending on today's price action, I might take a sell position tomorrow. These are my positions:

(T02243) buy audusd @ 1.0740, s/l: 1.0587, t/p: 0.0000 (0.25 x MR)
right now @ 1.0705, s/l @ 1.0690

(T03051) sell eurusd @ 1.3188, s/l: 1.3344, t/p: 0.0000 (0.25 x MR)

(T03052) sell limit eurusd @ 1.3241, s/l: 1.3344, t/p: 0.0000 (0.25 x MR)

MR = 1%

Trade well

 

[trader_d]

Well it seems euro is decided to go down. Support level of 1.3300 has broken last Friday. So I took two sell positions on euro.
Australian dollar is still in its range bound. Right now I'm holding my buy position. But depending on today's price action, I might take a sell position tomorrow. These are my positions:

(T02243) buy audusd @ 1.0740, s/l: 1.0587, t/p: 0.0000 (0.25 x MR)
right now @ 1.0705, s/l @ 1.0690

(T03051) sell eurusd @ 1.3188, s/l: 1.3344, t/p: 0.0000 (0.25 x MR)

(T03052) sell limit eurusd @ 1.3241, s/l: 1.3344, t/p: 0.0000 (0.25 x MR)

MR = 1%

Trade well

I have two short positions on euro and added two short positions on audusd after it came out of its range bound period.

These are orders and status

(T02243) buy audusd @ 1.0740, s/l: 1.0587, t/p: 0.0000 (0.25 x MR)
stopped

(T03051) sell eurusd @ 1.3188, s/l: 1.3344, t/p: 0.0000 (0.25 x MR)
right now @ 1.3143, s/l moved to 1.3237

(T03052) sell limit eurusd @ 1.3241, s/l: 1.3344, t/p: 0.0000 (0.25 x MR)
activated and right now @ 1.3143, s/l moved to 1.3237

(T03071) sell audusd @ 1.0558, s/l: 1.0710, t/p: 0.0000 (0.25 x MR)
just opened

(T03072) sell limit audusd @ 1.0610, s/l: 1.0710, t/p: 0.0000 (0.25 x MR)
new sell limit order // not activated

MR = 1%

Trade well

 

[trader_d]

I have two short positions on euro and added two short positions on audusd after it came out of its range bound period.

These are orders and status

(T02243) buy audusd @ 1.0740, s/l: 1.0587, t/p: 0.0000 (0.25 x MR)
stopped

(T03051) sell eurusd @ 1.3188, s/l: 1.3344, t/p: 0.0000 (0.25 x MR)
right now @ 1.3143, s/l moved to 1.3237

(T03052) sell limit eurusd @ 1.3241, s/l: 1.3344, t/p: 0.0000 (0.25 x MR)
activated and right now @ 1.3143, s/l moved to 1.3237

(T03071) sell audusd @ 1.0558, s/l: 1.0710, t/p: 0.0000 (0.25 x MR)
just opened

(T03072) sell limit audusd @ 1.0610, s/l: 1.0710, t/p: 0.0000 (0.25 x MR)
new sell limit order // not activated

MR = 1%

Trade well

well my euro sell positions stopped last week, but based on price action of Friday I'm short again on euro. Here are positions and status:

(T03051) sell eurusd @ 1.3188, s/l: 1.3344, t/p: 0.0000 (0.25 x MR)
stopped

(T03052) sell limit eurusd @ 1.3241, s/l: 1.3344, t/p: 0.0000 (0.25 x MR)
stopped

(T03071) sell audusd @ 1.0558, s/l: 1.0710, t/p: 0.0000 (0.25 x MR)
right now @ 1.0538, s/l moved to 1.0682

(T03072) sell limit audusd @ 1.0610, s/l: 1.0710, t/p: 0.0000 (0.25 x MR)
right now @ 1.0538, s/l moved to 1.0682

(T03121) sell eurusd @ 1.3097, s/l: 1.3287, t/p: 0.0000 (0.25 x MR)
just opened

(T03122) sell limit eurusd @ 1.3160, s/l: 1.3287, t/p: 0.0000 (0.25 x MR)
just opened

MR = 1%

Trade well

 

[G Cheng]

Hellow, I also trade on higher Time frames like you. But I am having Problems adjusting the TP and SL. Mostly SL

Can you please suggest a good value for SL and TP ? By the way, How long do you keep your trades open?? ( After How many hours do you close your trades? )

 

[trader_d]

Hellow, I also trade on higher Time frames like you. But I am having Problems adjusting the TP and SL. Mostly SL

Can you please suggest a good value for SL and TP ? By the way, How long do you keep your trades open?? ( After How many hours do you close your trades? )

Hi,

I can't suggest value of s/l or t/p for you, because those depend on your trading method. Regarding your second question my positions are open until s/l is hit. You should know that when my positions are in profit I move my s/l day by day.

Thanks and trade well

 

[trader_d]

well my euro sell positions stopped last week, but based on price action of Friday I'm short again on euro. Here are positions and status:

(T03051) sell eurusd @ 1.3188, s/l: 1.3344, t/p: 0.0000 (0.25 x MR)
stopped

(T03052) sell limit eurusd @ 1.3241, s/l: 1.3344, t/p: 0.0000 (0.25 x MR)
stopped

(T03071) sell audusd @ 1.0558, s/l: 1.0710, t/p: 0.0000 (0.25 x MR)
right now @ 1.0538, s/l moved to 1.0682

(T03072) sell limit audusd @ 1.0610, s/l: 1.0710, t/p: 0.0000 (0.25 x MR)
right now @ 1.0538, s/l moved to 1.0682

(T03121) sell eurusd @ 1.3097, s/l: 1.3287, t/p: 0.0000 (0.25 x MR)
just opened

(T03122) sell limit eurusd @ 1.3160, s/l: 1.3287, t/p: 0.0000 (0.25 x MR)
just opened

MR = 1%

Trade well

Hi

positions status are

(T03071) sell audusd @ 1.0558, s/l: 1.0710, t/p: 0.0000 (0.25 x MR)
right now @ 1.0532, s/l moved to 1.0610

(T03072) sell limit audusd @ 1.0610, s/l: 1.0710, t/p: 0.0000 (0.25 x MR)
right now @ 1.0532, s/l moved to 1.0610

(T03121) sell eurusd @ 1.3097, s/l: 1.3287, t/p: 0.0000 (0.25 x MR)
right now @ 1.3069, s/l moved to 1.3210

(T03122) sell limit eurusd @ 1.3160, s/l: 1.3287, t/p: 0.0000 (0.25 x MR)
right now @ 1.3069, s/l moved to 1.3210


Trade well

 

[zammitman]

Hi trader_d,
I have been following your trading for some time now and I have great respect for your trading here.
You are posting all your trades in advance and you are being honest with all your positions.

However, I am starting to lose where you are on the equity curve. Would you please post your monthly results since you initiated this trade journal?

 

[trader_d]

Hi trader_d,
I have been following your trading for some time now and I have great respect for your trading here.
You are posting all your trades in advance and you are being honest with all your positions.

However, I am starting to lose where you are on the equity curve. Would you please post your monthly results since you initiated this trade journal?

My results up to 15-Nov-2011 are posted here. To update I need to complete my log sheet. I'll do that in a few days.

Thanks and trade well

 

[trader_d]

Hi

positions status are

(T03071) sell audusd @ 1.0558, s/l: 1.0710, t/p: 0.0000 (0.25 x MR)
right now @ 1.0532, s/l moved to 1.0610

(T03072) sell limit audusd @ 1.0610, s/l: 1.0710, t/p: 0.0000 (0.25 x MR)
right now @ 1.0532, s/l moved to 1.0610

(T03121) sell eurusd @ 1.3097, s/l: 1.3287, t/p: 0.0000 (0.25 x MR)
right now @ 1.3069, s/l moved to 1.3210

(T03122) sell limit eurusd @ 1.3160, s/l: 1.3287, t/p: 0.0000 (0.25 x MR)
right now @ 1.3069, s/l moved to 1.3210


Trade well

Hi,
Yesterday both eurusd and audusd kept going lower. I moved my stoploss levels accordingly and added another sell limit order on audusd.
positions status are

(T03071) sell audusd @ 1.0558, s/l: 1.0710, t/p: 0.0000 (0.25 x MR)
right now @ 1.0462, s/l moved to 1.0563

(T03072) sell limit audusd @ 1.0610, s/l: 1.0710, t/p: 0.0000 (0.25 x MR)
right now @ 1.0462, s/l moved to 1.0563

(T03121) sell eurusd @ 1.3097, s/l: 1.3287, t/p: 0.0000 (0.25 x MR)
right now @ 1.3029, s/l moved to 1.3130

(T03122) sell limit eurusd @ 1.3160, s/l: 1.3287, t/p: 0.0000 (0.25 x MR)
right now @ 1.3029, s/l moved to 1.3130

(T03152) sell limit audusd @ 1.0492, s/l: 1.0563, t/p: 0.0000 (0.25 x MR)
new order, not activated


Trade well

 

[turboonostrilvision]

Very good trading here,

enjoying watching it

Trade well.

 

[zammitman]

My results up to 15-Nov-2011 are posted here. To update I need to complete my log sheet. I'll do that in a few days.

Thanks and trade well

Thanks trader_d.

I look forward to seeing your results

 

[trader_d]

Very good trading here,

enjoying watching it

Trade well.

Thanks

 

[trader_d]

Hi,
Yesterday both eurusd and audusd kept going lower. I moved my stoploss levels accordingly and added another sell limit order on audusd.
positions status are

(T03071) sell audusd @ 1.0558, s/l: 1.0710, t/p: 0.0000 (0.25 x MR)
right now @ 1.0462, s/l moved to 1.0563

(T03072) sell limit audusd @ 1.0610, s/l: 1.0710, t/p: 0.0000 (0.25 x MR)
right now @ 1.0462, s/l moved to 1.0563

(T03121) sell eurusd @ 1.3097, s/l: 1.3287, t/p: 0.0000 (0.25 x MR)
right now @ 1.3029, s/l moved to 1.3130

(T03122) sell limit eurusd @ 1.3160, s/l: 1.3287, t/p: 0.0000 (0.25 x MR)
right now @ 1.3029, s/l moved to 1.3130

(T03152) sell limit audusd @ 1.0492, s/l: 1.0563, t/p: 0.0000 (0.25 x MR)
new order, not activated


Trade well

Well ... both eurusd and audusd turned up today. All of above positions stopped.

Have a nice weekend.

 

[trader_d]

Well ... the trading starts again.
I decided to go long eur and aud based on Friday's price action. These are new orders

(T03191) buy eurusd @ 1.3175, s/l: 1.3038, t/p: 0.0000 (0.25 x MR)

(T03192) buy limit eurusd @ 1.3120, s/l: 1.3038, t/p: 0.0000 (0.25 x MR)

(T03193) buy audusd @ 1.0605, s/l: 1.0490, t/p: 0.0000 (0.25 x MR)

(T03194) buy limit audusd @ 1.0550, s/l: 1.0490, t/p: 0.0000 (0.25 x MR)

MR = 1%

Trade well

 

[trader_d]

Well ... the trading starts again.
I decided to go long eur and aud based on Friday's price action. These are new orders

(T03191) buy eurusd @ 1.3175, s/l: 1.3038, t/p: 0.0000 (0.25 x MR)

(T03192) buy limit eurusd @ 1.3120, s/l: 1.3038, t/p: 0.0000 (0.25 x MR)

(T03193) buy audusd @ 1.0605, s/l: 1.0490, t/p: 0.0000 (0.25 x MR)

(T03194) buy limit audusd @ 1.0550, s/l: 1.0490, t/p: 0.0000 (0.25 x MR)

MR = 1%

Trade well

Yesterday euro continued going up. My "buy limit" order was not activated so I delete it and add another "buy limit" order.
audusd formed a doji candle and it shows weakness right now, my "buy limit" order was almost touched but not activated. No change in audusd positions.
Positions status as below:

(T03191) buy eurusd @ 1.3175, s/l: 1.3038, t/p: 0.0000 (0.25 x MR)
stop moved to 1.3090

(T03192) buy limit eurusd @ 1.3120, s/l: 1.3038, t/p: 0.0000 (0.25 x MR)
not activated and deleted

(T03193) buy audusd @ 1.0605, s/l: 1.0490, t/p: 0.0000 (0.25 x MR)
right now @ 1.0565 no change

(T03194) buy limit audusd @ 1.0550, s/l: 1.0490, t/p: 0.0000 (0.25 x MR)
not activated up to now

(T03202) buy limit eurusd @ 1.3175, s/l: 1.3090, t/p: 0.0000 (0.25 x MR)
new order

MR = 1%

Trade well

 

[zammitman]

My results up to 15-Nov-2011 are posted here. To update I need to complete my log sheet. I'll do that in a few days.

Thanks and trade well

????????????

I look forward to seeing your monthly results

 

[trader_d]

Yesterday euro continued going up. My "buy limit" order was not activated so I delete it and add another "buy limit" order.
audusd formed a doji candle and it shows weakness right now, my "buy limit" order was almost touched but not activated. No change in audusd positions.
Positions status as below:

(T03191) buy eurusd @ 1.3175, s/l: 1.3038, t/p: 0.0000 (0.25 x MR)
stop moved to 1.3090

(T03192) buy limit eurusd @ 1.3120, s/l: 1.3038, t/p: 0.0000 (0.25 x MR)
not activated and deleted

(T03193) buy audusd @ 1.0605, s/l: 1.0490, t/p: 0.0000 (0.25 x MR)
right now @ 1.0565 no change

(T03194) buy limit audusd @ 1.0550, s/l: 1.0490, t/p: 0.0000 (0.25 x MR)
not activated up to now

(T03202) buy limit eurusd @ 1.3175, s/l: 1.3090, t/p: 0.0000 (0.25 x MR)
new order

MR = 1%

Trade well

Well .... my audusd orders stopped, based on Monday's price action I'm short aud with two new orders. Positions status as below:

(T03191) buy eurusd @ 1.3175, s/l: 1.3038, t/p: 0.0000 (0.25 x MR)
right now @ 1.3224, stop moved to 1.3131

(T03202) buy limit eurusd @ 1.3175, s/l: 1.3090, t/p: 0.0000 (0.25 x MR)
activated, right now @ 1.3224, stop moved to 1.3131

(T03193) buy audusd @ 1.0605, s/l: 1.0490, t/p: 0.0000 (0.25 x MR)
stopped

(T03194) buy limit audusd @ 1.0550, s/l: 1.0490, t/p: 0.0000 (0.25 x MR)
stopped

(T03211) sell audusd @ 1.0477, s/l: 1.0638, t/p: 0.0000 (0.25 x MR)
new order, just opened

(T03212) sell limit audusd @ 1.0530, s/l: 1.0638, t/p: 0.0000 (0.25 x MR)
new order, not activated

MR = 1%

Trade well

 

[trader_d]

????????????

I look forward to seeing your monthly results

Sorry, I'm a bit busy these days. Will do that in a few days

Trade well

 

[trader_d]

Well .... my audusd orders stopped, based on Monday's price action I'm short aud with two new orders. Positions status as below:

(T03191) buy eurusd @ 1.3175, s/l: 1.3038, t/p: 0.0000 (0.25 x MR)
right now @ 1.3224, stop moved to 1.3131

(T03202) buy limit eurusd @ 1.3175, s/l: 1.3090, t/p: 0.0000 (0.25 x MR)
activated, right now @ 1.3224, stop moved to 1.3131

(T03193) buy audusd @ 1.0605, s/l: 1.0490, t/p: 0.0000 (0.25 x MR)
stopped

(T03194) buy limit audusd @ 1.0550, s/l: 1.0490, t/p: 0.0000 (0.25 x MR)
stopped

(T03211) sell audusd @ 1.0477, s/l: 1.0638, t/p: 0.0000 (0.25 x MR)
new order, just opened

(T03212) sell limit audusd @ 1.0530, s/l: 1.0638, t/p: 0.0000 (0.25 x MR)
new order, not activated

MR = 1%

Trade well

Quick update of positions:

(T03191) buy eurusd @ 1.3175, s/l: 1.3038, t/p: 0.0000 (0.25 x MR)
right now @ 1.3228, stop @ 1.3131

(T03202) buy limit eurusd @ 1.3175, s/l: 1.3090, t/p: 0.0000 (0.25 x MR)
activated, right now @ 1.3228, stop @ 1.3131

(T03211) sell audusd @ 1.0477, s/l: 1.0638, t/p: 0.0000 (0.25 x MR)
right now @ 1.0398, stop moved to 1.0540

(T03212) sell limit audusd @ 1.0530, s/l: 1.0638, t/p: 0.0000 (0.25 x MR)
not activated and deleted

Trade well

 

[trader_d]

Quick update of positions:

(T03191) buy eurusd @ 1.3175, s/l: 1.3038, t/p: 0.0000 (0.25 x MR)
right now @ 1.3228, stop @ 1.3131

(T03202) buy limit eurusd @ 1.3175, s/l: 1.3090, t/p: 0.0000 (0.25 x MR)
activated, right now @ 1.3228, stop @ 1.3131

(T03211) sell audusd @ 1.0477, s/l: 1.0638, t/p: 0.0000 (0.25 x MR)
right now @ 1.0398, stop moved to 1.0540

(T03212) sell limit audusd @ 1.0530, s/l: 1.0638, t/p: 0.0000 (0.25 x MR)
not activated and deleted

Trade well

Well my positions were left open over the weekend. I just added another buy limit order on eurusd. Status are:

(T03191) buy eurusd @ 1.3175, s/l: 1.3038, t/p: 0.0000 (0.25 x MR)
right now @ 1.3265, stop moved to 1.3179

(T03202) buy limit eurusd @ 1.3175, s/l: 1.3090, t/p: 0.0000 (0.25 x MR)
activated, right now @ 1.3265, stop moved to 1.3179

(T03211) sell audusd @ 1.0477, s/l: 1.0638, t/p: 0.0000 (0.25 x MR)
right now @ 1.0457, stop moved to 1.0515

(T03261) buy limit eurusd @ 1.3232, s/l: 1.3179, t/p: 0.0000 (0.25 x MR)
just placed

Trade well