18th Jan 2019 - Forex Diary


7:40

morning all

ok GBP shaping Alpha Bear so far .....CAD the alpha Bull ......

im slowly warming up cable sells .....i need cable in 2960s or lower to justify selling signals ....

early days ...early days ....nice scalp a few mins back sold at 2971 to 2961/2 low so far

8:00

last scalp has opened up to a low of 2954 now from 2971 entry ......nice early run

8:44

second scalp took at 2949 down to 2943 so far ...slow

9:40

Ive taken 4 main scalps so far today on cable .... 2971 2949 2943 2936.....this is think refers to the 38 price you mention ... i was a little late ! all took min 5 pips .......best runner was the first one at 2971 where i trailed to 2949

9:46

sold cable at 2941 ..........im also scalping UCAD north ......CORRECTION CAD INDEX IS STRONG SO UCAD SELLING

9:48

taken a b/e position ....will trail rest

9:56

as usual today i trade my own strategy..........which is pretty simple Trade the most volatile / trending pairs .... Cable is top 3 today as usual so far london ......there are others but cable works just fine for me to focus on as a result i have 5 from 5 scalps this morning ...no losers .........sure im only around 30 net pips up but thats just fine for me ...i rarely go more than 5 pips on a stop and 2% per trade ...........so thats approx 12% of capital base so far this morning .... i get worse days ....but a decent day like this should crack at least 10% of cap base as long as i behave and dont do anything Dumb ............(and i am human so i do dumb things)

10:00

sold ucad again at 67 .......64 already ...im selling ucad as CAD index is strong......see correction above earlier on CAD

10:06

scratch trade on last Cable sell......had already staked a b/e position fortunately ....

I think momentum on GBP and indeed Cable is done now ......for the moment ....since i am already well above daily target im taking a break back later

Ucad sell running so i will just trail that out .........67 to 62 so far

11:37

recently sold off cable again ..........what a great day so far

took it around 2652 after the big bull move .....down at 2942 at moment ......

too easy today

12:07

another recent resell....sold at 2935 to 2926 low .......risky as off the lows of cable ....but then i am also looking at where gbp index was and it was already below london lows .......


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