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Larix - MTJ


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Larix - MTJ

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  #1 (permalink)
Larix
Moscow/Russia
 
 
Posts: 97 since Jul 2015
Thanks: 15 given, 31 received

Hi, everyone

want to make my public journal to share some ideas with others + to see how trade looks from other side of the moon: out of RU + to communicate with other members of this forum + also bit practice of eng. lang which is not familiar to me))
work with CFD on currencies
total experience: near 3 years, but better say - I work closely with markets from the Feb of 2017
under the process of building my own strategy + psy control

key tools: EURUSD / USDCAD
work TF: M15-H4
method: waves + fibo + (sometimes) volumes + a bit maths + tons of lazy
style: prefer conservative so I don't update journal too frequently

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  #3 (permalink)
Larix
Moscow/Russia
 
 
Posts: 97 since Jul 2015
Thanks: 15 given, 31 received


Euro

Cad

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  #4 (permalink)
Larix
Moscow/Russia
 
 
Posts: 97 since Jul 2015
Thanks: 15 given, 31 received


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  #5 (permalink)
Larix
Moscow/Russia
 
 
Posts: 97 since Jul 2015
Thanks: 15 given, 31 received


euro gives an opportunity

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  #6 (permalink)
Larix
Moscow/Russia
 
 
Posts: 97 since Jul 2015
Thanks: 15 given, 31 received


I made a few trades, not everything is fine
1st trade is my understanding of the market till today. I thought we'll turn back and left it through night. So this is explanation why s/l was so huge.
2nd trade was from toady, I've opened it, but the price stood long in same point, so I've decided to close it + possibility of uptrend remains. On Monday – Tuesday we’ll back till half of last movement and I’ll close current trade.
I think now uptrend takes a pause and we go back with targets 1,2 - 1,205
Don’t know how other markets work, but currencies are very tricky

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  #7 (permalink)
Larix
Moscow/Russia
 
 
Posts: 97 since Jul 2015
Thanks: 15 given, 31 received


Euro gave me nothing but loses
As I wrote before it should goes down, but in a wave down I expected correction, so I made 1,2,3 agressive purchases with short SL and with a small money. But euro has skipped correction for twice! and for trades 4,5 I thought - that's it! and ignored signals for short
Now I have pending order (still consider: leave it or removie it), my opinion about future movements of euro m.b. after today evening news.

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  #8 (permalink)
Larix
Moscow/Russia
 
 
Posts: 97 since Jul 2015
Thanks: 15 given, 31 received

Hi to all,
does anyone trade here gold with online blog? I want to read other expereience m.b. share some ideas

Gold has correlation with euro and I think to try trade them both with same logic. Gold much faster rather currencies, has less noise, more "trending" tool but has some features.
I made a few trades and give logic here.

1st trade:
we renewed last low and I supposed to continue this movement. So, I sold it and added S/L behind the "level" + in euro I saw premises for continuation of price down (I was waiting price movement till 1,2660, loot at pic. in the end of this post). Exit - in accordance with signals from euro.


2nd trade:
I saw accumulation of the volume in euro and gold and added order after last peak, s/l - behind bottom and take some margin - to 1301. I understand what profit-loss ratio wasn't great, so in the 1st point I've closed half of my trade position and left it due my expectations of rising gold & euro

3rd trade:
I added 2nd order with same volume, stop behind the last accumulation of volume in case of rising the price and was waiting continuation of uptrend, but euro & gold takes pause and I again closed 50% of 2nd trade and bit later closed 2nd part.

euro:

So, on my 1st acc yesterday instead of previous aggressive Iíve opened very conservative trade (which made all goals for now).
Now I have half of 1st trade in gold and waiting for correction. I share my minds concerning correction on the picture

Clarifications for gold down trade

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  #9 (permalink)
Larix
Moscow/Russia
 
 
Posts: 97 since Jul 2015
Thanks: 15 given, 31 received

Euro
This week gave me only 1 trade (frankly speaking, yesterday I could made 3 more trades, but due very conservative method of trade on this account I preferred to skip it)

If look at my prev trade, I added a new one bit higher, why? Because the area marked as a pale red square gave signals for short (but I didn’t short, because it was not right decision: it takes near 2 weeks of downtrend and it takes less then 2 days to achieve 50% of whole downtrend, so uptrend was very strong) , I left order through the night, stop behind this area. It might be my mistake to wait so long instead of fixating partial profit but the beginning was so strong, so I decided to wait. And have closed it with a small profit.

Gold

At the same time I proceed my experiments with gold. As you can see there are 2 problems 1) big stops and 2) unclear goals. I can’t say: it was awesome trades or something. I can say – I just was lucky and made a mistake in analyzing W1 period: and due this mistake instead of open shorts I was waiting end of correction. Same thing with euro. My opinion: on the next week we’ll proceed downtrend.

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  #10 (permalink)
Larix
Moscow/Russia
 
 
Posts: 97 since Jul 2015
Thanks: 15 given, 31 received


This week wasn’t something extraordinary for me.


EURO

On Monday morning market gave signals for buying but shortly after opening I’ve realized it was fake, so I closed trade and just waited for better conditions. In next half hour market gave signals for sell. I opened trade and left it – Monday always busy day + I thought we’ll continue downtrend, so I left it till evening. Instead of downtrend it goes up, so I closed it manually. On Wednesday market gave signal for short and I sell, it was a small deal because market at the moment was unclear and could run back, so I’ve closed it with small profit.

GOLD

Gold made me losses but due 1/4 of normal lot in 3 of 4 trades it looks not so bad
My 1st trade I made with expectation of downtrend and 2nd lot (full volume) gave me 2/3 of all losses
2nd trade was small + but I’ve closed it because price renewed highs I thought – ok, now correction and we’ll proceed uptrend (red arrow), so for 3rd trade I left buy order through the night. It might wasn’t right decision but I thought if price goes down it skipped my order if goes up when it takes me too
It was unclear for trade situation chances were 50/50 I have to do something with trade strategy to work in small areas such this or just wait (last trade wasn’t wise decision. Trading euro simultaneously I skipped this purchase.)

Publish it with some delay because I’m bit sick now (and today missed very good profitable trade on euro). Euro waits the news on Wed and I expect very strong serious movement from that point.

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