Hello Shaun, thanks for the journal. I am just registering my interest in it and letting you know it is being read. I trade a lot of your pairs all long term with daily and weekly charts. I do lots of NZD. And AUD. I am in 3 TRY positions at the moment, eurtry, sgdtry and audtry.
It’s a bit cheeky of me but I thought it would improve your journal if when you give your updates for stopped out & your profits. You could give an updated chart screen shot. Possibly with a link (quoted from) to your original chart entry post.
Anyway good trading to you and kind regards.
Jason
It’s a bit cheeky of me but I thought it would improve your journal if when you give your updates for stopped out & your profits. You could give an updated chart screen shot. Possibly with a link (quoted from) to your original chart entry post.
Anyway good trading to you and kind regards.
Jason
Hi Jason, are you short those pairs?
I truly appreciate your input. Thing is though, I'm a full-time student with lots of activities outside school which makes time a problem for me. But I will try and update my best, after all thats why I'm doing this.
Regards
Jason, I posted a chart on my post when I went short USDTRY. Can't you see it?
My stop is at 1,82784 based on that if price breaks this level and closes above... it indicates for me that the double top won't hold. But on the other hand it is not an exact science so it may bloody well turn at that point as well.
We are currently trading into 1.7500, lets see if the news tomorrow can contribute to a stronger turkish yen.
http://www.trade2win.com/boards/att...4131714-road-profitability-usdtrylongterm.png
Attachments
USDTRY trade
Obviously momentum on the downside on this pair lost it's steam.
1.7500 seems to be holding.
Don't feel comfortable holding this anymore, even though that my first thought was to hold it for months but then I would like to see a hard break through 1.7500 to feel more comfy.
I'm closing this for a 0.25% gain.
I should of have had my stoploss around the 1.8000 level in hindsight ofc lol.
Obviously momentum on the downside on this pair lost it's steam.
1.7500 seems to be holding.
Don't feel comfortable holding this anymore, even though that my first thought was to hold it for months but then I would like to see a hard break through 1.7500 to feel more comfy.
I'm closing this for a 0.25% gain.
I should of have had my stoploss around the 1.8000 level in hindsight ofc lol.
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USDSGSD Awesome!
Wow, 1.2000 is a really really strong level. Wonder if the SG centralbank is support selling their currency to remain competetive on the global enterprise market.
Wish I could afford a bloomberg terminal...
Funny story: I had an discussion with a customer at work a few days ago... we talked about banks. He told me that the only time he would go in to a bank is when he brings his ak-47 ha ha ha.
Have a nice weekend!
Cheers
Wow, 1.2000 is a really really strong level. Wonder if the SG centralbank is support selling their currency to remain competetive on the global enterprise market.
Wish I could afford a bloomberg terminal...
Funny story: I had an discussion with a customer at work a few days ago... we talked about banks. He told me that the only time he would go in to a bank is when he brings his ak-47 ha ha ha.
Have a nice weekend!
Cheers
Attachments
Re: Usdtry
Price missed my target by 9 pips, ouch! I'm still in it though after a expected retrace.
Found another good entry on USDTRY but on the H4 though. I'm short in the writing moment with 1% at stake.
TP1: 1.7250
TP2: Lets see how it plays out first
Price missed my target by 9 pips, ouch! I'm still in it though after a expected retrace.
Re: USDSGSD Awesome!
I am probably missing something here but I cannot work out your chart setting here?
Also are you looking at this as a potential long or short set up?
I am probably missing something here but I cannot work out your chart setting here?
Also are you looking at this as a potential long or short set up?
