Trade of the Day

Entered EU Long. Trade closed, it is a counter-trend trade. 

Trade of the Day

Entered Long again, in EU.

Update (19:40) : Trade closed.

Trade of the Day

Enter Long in EU. 

Update (19:09) : Close trade at break-even. 

The bull only starts its move when NY market opens. Guess I have missed the ride. Luck to those who still keeping their long positions. 

Trade of the Day

Entered Short in EU. Hit break-even.

Not much movement in the market today.

Trade of the Day

Entered a long trade on EU.

Decided to close the trade at break-even, as NY market is about to open and currently unclear on the direction of the pair.

Trade of the Day

Entered Long in Eur/Usd. 

This is a risk trade, as it is a counter-trend trade. My stoploss would be set tight, and constant monitoring on the market is required. 

Updaate (19:11) : Break-even hit.

Counter-Trend Trade

Entered Long on Eur/Usd. This is a Couter-trend Trade.

Blue Line = Take Profit

Black Line = Entry Point

Red Line = Stop Loss

Setup is shown, there's the wave, LL-H-HL, QQE above 50, CCI turns from red to blue. 

There's also a sign of positive divergence, look at the arrows drawn, whereby the price is sloping downwards, but the indicators are sloping upwards instead. 

Update: Closed my trade at the Green Line drawn on the chart to secure my profit, as price seems to be heading back downwards, and NY market is about to open.

Trade of the Day

Entered short in EUR/USD. From yesterday, we can see that the market was kinda bearish. 

Red Line = Stop Loss

Black Line = Entry Point

Blue Line = Take Profit

As from the chart, we can see that there's double top, and strong resistance form was formed on the price area around M3. Thus I put stoploss some prices above M3 line. 

Take profit was deemed to be at yesterday low. However, I might want to close a percentage at the line M2, or at Friday's low, to secure part of my profit.  

Update: Take Profit Hit.