JCP's Journal

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Re: JCP's Journal

Postby JCP » Wed Apr 07, 2010 12:58 am

NZDUSD long at 7056. Nice daily PIN right through a big round #, 7000.

Stop set to 6956. No profit target set yet.
Attachments
NZDUSD_040610_Daily.jpg
JCP
 
Posts: 67
Joined: Fri Sep 11, 2009 4:36 pm

Re: JCP's Journal

Postby JCP » Wed Apr 07, 2010 12:10 pm

Update on NZDUSD. SL moved to 7044. Going to let it run, hopefully.
Attachments
NZDUSD_040710_4H.png
JCP
 
Posts: 67
Joined: Fri Sep 11, 2009 4:36 pm

Re: JCP's Journal

Postby JCP » Thu Apr 08, 2010 10:25 am

Closed NZDUSD yesterday at 7084, thankfully. I didn't want to lose another decent profit, and was planning on re-buying on a dip, but was offline for awhile and never did.
Attachments
2_NZDUSD_040810_4H_C7084.jpg
JCP
 
Posts: 67
Joined: Fri Sep 11, 2009 4:36 pm

Re: JCP's Journal

Postby JCP » Sun Apr 11, 2010 1:33 pm

So last week I ended up with +8 pip profit. I am finding that I have gotten at least 30 pip profits initially on almost all trades, but seem to fall back to my break even point most of the time. This week I will explore taking profits quicker and re-entering rather than holding through the draw downs. I'll be sure to write more details on this as I go. I was on vacation at the end of last week so didn't get a chance to make any weekend notes.

To start off this week I have two pairs on my watch list, EURCAD and GBPCHF. I am waiting for pullbacks on both before I purchase.
Attachments
GBPCHF_041210_Daily.jpg
EURCAD_041210_Daily.jpg
JCP
 
Posts: 67
Joined: Fri Sep 11, 2009 4:36 pm

EURCAD & GBPCHF

Postby JCP » Mon Apr 12, 2010 11:24 am

These both opened with large gaps in the right direction, so I will have to reassess a bit later today.
JCP
 
Posts: 67
Joined: Fri Sep 11, 2009 4:36 pm

AUDJPY & EURCAD

Postby JCP » Mon Apr 12, 2010 5:13 pm

GBPCHF is off my watch list for now. I had no trades for this strategy today.

I have a limit order on EURCAD to go long at 3557, right at the edge of the bottom of the gap.

I am waiting for slight pull back to go long on AUDJPY.
Attachments
AUDJPY_041210_Daily.jpg
EURCAD_041110_1H.jpg
JCP
 
Posts: 67
Joined: Fri Sep 11, 2009 4:36 pm

AUDUSD

Postby JCP » Tue Apr 13, 2010 7:29 pm

Short AUDUSD at 9280. SL at 9396. TP is 100 pip, but will take profits early depending on price action.
Attachments
AUDUSD_041310_Daily_S9280.jpg
JCP
 
Posts: 67
Joined: Fri Sep 11, 2009 4:36 pm

Re: JCP's Journal

Postby JCP » Wed Apr 14, 2010 7:57 pm

Nothing on my watchlist for today. Still have my AUDUSD short position open, it's in a good size drawdown now, but hasn't hit my stop yet.
JCP
 
Posts: 67
Joined: Fri Sep 11, 2009 4:36 pm

AUDUSD

Postby JCP » Thu Apr 15, 2010 6:49 pm

Added to my open position on AUDUSD at 9345, so the averaged position is now at 9313. SL is placed just above daily high, at 9367.
Attachments
AUDUSD_041510_Daily_S9345.jpg
JCP
 
Posts: 67
Joined: Fri Sep 11, 2009 4:36 pm

Watchlist for April 16, 2010

Postby JCP » Thu Apr 15, 2010 6:52 pm

Looking to short CHFJPY based on the BEOB on the daily, waiting for price action on the smaller TFs to confirm
Attachments
CHFJPY_041510_Daily.png
JCP
 
Posts: 67
Joined: Fri Sep 11, 2009 4:36 pm

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