12th Feb 2019 - Forex Diary


Hey gang ...... ok interesting morning so far .... Usd under sell pressure ...been a while ! im working GBP and NZD and CAD buys off the USD .....main scalpers at moment 7:53

rebuying Cable from around 2861......2869 so far .....jees that was a deep retrace .....

Ucad selling off again from 3280/84 zone ......

8:31

deep deep retrace on cable ....it will bounce soon...back at 2862/3

8:52

a little complicated last 15 mins .......its where my discretionary hat took over im afraid.....couldnt resist !

anyway been selling cable from 2850s .......a lot of correlation patterns on G8 were teling me it was turning over ....down to 2831 so far ......go on resells

[QUOTE="be-positive, post: 3089257, member: 1991"]b-lls on table cables not going up this time ??[/QUOTE]

yep sorry dude .......it didnt bounce much at all ....I was monitoring the 60-66 area looking for when it was going to chnage gear and hit the accelerator..............

also on my session charts for the G8 Swissie and Euro were screaming sells .....so it was another clue that gbp might get dragged south more .........

all hindsight bullshit if someone was new to this thread and looking at what i do.....but then again ive been doing this stuff for nearly 20 years so if people dont believe my strategies thats up to them

N

9:00

sooo many options on the rapid cable at moment ....theres even been technically a re-buy tade from 39-45 so far

thats why i like that pair ......very very tricky but lethal if its rolling

GBPJPY is even more fun if you like your Forex trading on the ragged edge

10:08

on higher TFs .........AUDJPY looking interesting to buy...above 78.28 worth a punt off perhaps ....give it as much as you need re Stop

ok last decent sell on cable around the 2851/52 level earlier .....i would now prefer to see it climb above 2847/48 minimum before considering resells again

swissie and GBP in charge of bear market now

10:54

so cable is back around 2850 level.....to me theres a trade here now if we see a momentum move dropping below say 2848

10:56

ok game on 2848 sell.....

11:08

cad bull is flying

11:55

got out of that old cable trade eventually for a loss naturally......but then scraped a fast resell last 15-20 mins to make it back

cable really really frustrating in last few hours

13:09

AUDUSD looking interesting right up to daily TF...plenty of downthrust.....6732 sell off got rejected so far .... id happily look to scalp down from 6737 ish and start to try to build selling position.....time will tell

NZDUSD of course !!!!!

15:13

NU (sorry re misquote above) eventually got offered at around 6743 so it was a decent decent resell ......down to 6735 so far

17:13

bit messy today ...........i should have got more on some of the CHF swissie pairs as it really did get bear earlier ....CAD has been pretty bull from early london so again i needed to be more on the CAd at times..

I did ok ..........but such analysis allows me to go back and ask myself (normally) why was i focused on Cable when this or that was happening ?

yes im a big Cable fan when it comes to the lower Timeframes .......its my weakness ......haha

N


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