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Looking to trade again this week

AdamFx42 Publicado 5 Ago en #Trader's blog #Trading #NZD Long #AUD Long

I am looking forward to trading again this week

After losing everything the past couple of contests I am trading a different way now
I have one long position NzdUsd, that I will treat with care
I plan to guard my margin carefully and not lose it all again this month
Then I shall see how far I can get

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Closing up for the weekend with a loss

AdamFx42 Publicado 3 Ago en #Trader's blog #NZD Long #AUD Long #Weekend Margin

I am down to around 65K today, and looking to close before the weekend

I have three Aud and Nzd long positions opened at the moment
I am looking to close my Aud positions and hopefully leave my NzdUsd long open
It will depend how much leverage I am using on the position before weekend close

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Trying my hand again at NZD and AUD long

AdamFx42 Publicado 1 Ago en #Trader's blog #Contest #NZD Long #AUD Long

This month I will be trying to long Nzd and Aud again

I think Nzd and Aud still may move up soon, could be this month
The pairs NzdUsd and AudUsd look supported below
I will be going long AudUsd and NzdUsd and other crosses this month
Trying to build a healthy profit - see how far I get

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Doing alright after early drawdown in the contest

AdamFx42 Publicado 3 Jul en #Trader's blog #Drawdown #NZD Long #AUD Long

I started this month's contest with quite a drawdown yesterday

I thought that I was going to be stopped out yesterday during trading
after I went long Nzd and Aud crosses and suffered a drawdown to around 50K
I wanted to buy Aud and Nzd from lows but they went lower than I thought
Now, we are going back up again and it looks alright
I will be adding and keeping Aud and Nzd longs for a while now

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Trying NZD and AUD longs again this month

AdamFx42 Publicado 2 Jul en #Trader's blog #NZD Long #AUD Long

I am trying to get Nzd and Aud longs to work again this month

I am going long AudUsd and NzdUsd from lows this month
I will try to add Aud and Nzd long crosses
I have seen a resistance area for GbpNzd
I may short this pair later on the contest too

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Still long AUD and NZD, now short GBP too

AdamFx42 Publicado 5 Jun en #Trader's blog #NZD Long #AUD Long #GBP Short

I am still buying AudUsd and NzdUsd, and Aud and Nzd crosses

I also am short GbpNzd now, as it popped back above 1.9 today
It was looking weak yesterday, and I don't expect it to survive above 1.9 level
I have bought dips in Aud and Nzd crosses, I expect moves higher and breaking of
previous highs in these pairs after the strong moves up yesterday
This should continue

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Good start to new month in contest

AdamFx42 Publicado 1 Mar en #Trader's blog #Fundamentals #Technicals #Economic Data #AUD Long

I started off well in this Contest month buying Aud
Last night at the start of the contest Australian data came out - interest rate decision
Because it was widely expected by traders to be left on hold, I thought of a trade
I went long AudUsd for a rally after the interest rate decision - and betted they would hold rates
At the same time I shorted GbpAud and EurAud because of technicals in these pairs pointed to the downside
The strategy paid off and I find myself in the top 10 traders right awa…

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First losses on trades this month

AdamFx42 Publicado 7 Ene en #Trader's blog #NZD Long #AUD Long #Support Failing

I took my first losses on trades today
I opened Aud/Usd long yesterday above daily supportline trendline
I also opened a long Gbp/Usd above 1.46 because that level was holding
I woke this morning down about 25K, my Aud/Usd long had hit SL below trendline
I opened a long Aud/Usd just above the lows as it looked to be recovering
I opened long Aud/Chf and Nzd/Chf above weekly trenline support lines - these did pay off nicely
My long Gbp/Usd hit SL too, and I closed all positions with just 10K loss
…

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Stopped out but back in before FOMC

AdamFx42 Publicado 18 Sep en #Trader's blog #NZD Long #AUD Long #Stopped Out #Re Entry

I was stopped out (again) yesterday
I was down to around 20K when my Nzd/Usd long was stopped out yesterday afternoon
I was going to give up again
then I remembered what one of the community members once said to me:
you never give up
This made sense, and I thought that I might try to get my 100K back again this month
It would be better than pulling another 80% loss statistic
I would blame myself later for not trying, if it came to, for example, a leading place in the trader of the year contest
S…

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Australian data surprises to the upside - comments dissapoint

AdamFx42 Publicado 6 Ago en #Trader's blog #NZD Long #AUD Long

Last night was a bit of a blow to my positions but I am staying in
Australian unemployment data was excellent, but comments disappointed
It would seem that Australia has a long way to economic recovery yet
Technically, this completes the picture for me though,
retracement of 61.8% of last move is complete and is supported by a trendline up
I am staying long Aud
I am staying short Nzd too, because 0.65 has provided support again in Nzd/Usd
It is time to hold on

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Looking to trade again this week

Closing up for the weekend with a loss

Trying my hand again at NZD and AUD long

Doing alright after early drawdown in the contest

Trying NZD and AUD longs again this month

Still long AUD and NZD, now short GBP too

Good start to new month in contest

First losses on trades this month

Stopped out but back in before FOMC

Australian data surprises to the upside - comments dissapoint

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