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Already suffering some drawdown

AdamFx42 Posted 2 Aug.  in #Trader's blog #Drawdown #AUD And NZD Longs
My Nzd and Aud longs are already suffering a drawdown today

Nzd and Aud pairs seem to be suffering a bit today on the markets
My Aud and Nzd long pairs are down an avarage of 25 pips
I am hoping for decent support to turn up and change direction today
otherwise I will have to close everything before the weekend leverage cut
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Bit of a dip in the market for most pairs

AdamFx42 Posted 4 July  in #Trader's blog #Drawdown #NZD And AUD Positions
The market is down today for most pairs (except Usd)

EurUsd and GbpUsd and most other pairs,
including my NzdUsd and AudUsd longs, are in a dip today as Usd dominates
I am closing some Aud long positions with a slight profit,
and my AudCad position has not seen any green pips yet, so I set a SL closer
I am switching some positions now, too
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Doing alright after early drawdown in the contest

AdamFx42 Posted 3 July  in #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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Lost my USD shorts today

AdamFx42 Posted 19 June  in #Trader's blog #Drawdown #USD Short
I closed my Usd short positions today after a big drawdown

I decided to give up on my Usd shorts after a 70+ drawdown on capital,
putting me back at my starting position of 100K
I am going to focus on Aud and Nzd longs again now,
buying them from lows
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Got my long positions AUD and NZD in again

AdamFx42 Posted 13 June  in #Trader's blog #Drawdown #Long Again #AUD And NZD Crosses
I am long Aud and Nzd crosses again today

I started with a nice positional long NzdChf above support yesterday,
and bought AudJpy, and NzdJpy on a slight pullback, they were looking strong
I added AudUsd and NzdUsd longs after a pullaback,
but these pairs trailed back towards support levels again and left me in the red
I am still in the red slightly today - but support levels are building,
and NzdChf support level is holding nicely, support is in place for AudUsd, too, I think
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Bit of a drawdown in the contest

AdamFx42 Posted 6 Mar.  in #Trader's blog #Drawdown #What's Next
I am short EurUsd and EurAud in the Contest
My EurAud position that I opened yesterday is doing alright - up about 30 pips
My EurUsd short has been open longer - since Sunday night, and is not doing well
Yesterday, according to the website I look at for technical advice 'Trading Central'
my short EurUsd seemed justified below 1.2350, which was resistance
That level has been broken and is now support,
I hope to break it and get back in the green, but will have to wait and see what happens now
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USD positions feeling the pain

AdamFx42 Posted 8 Aug.  in #Trader's blog #Drawdown #Crosses #USD Long
My Usd longs are in some trouble now
I am long UsdJpy, UsdNok, UsdSek, and UsdMxn
My UsdJpy has a significant drawdown at the moment,
it seems that the predicted Usd strength above 1.10 is in question at the moment
UsdNok and UsdSek are doing alright, but UsdMxn is doing badly too
If UsdJpy fails to recover above 1.10 again I might be in trouble here
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All the way back down again

AdamFx42 Posted 16 Mar.  in #Trader's blog #Drawdown #Start Again
After Usd decline yesterday I am still alive
I was long Usd before the FED interest decision yesterday
When Usd sagged i lost most of my capital
I switched to EurNzd long with only 80K left, and I am still alive today
I will be focusing on Eur longs now the rest of the month
having learnt my lesson the hard way
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Stopped out before the turnaround

AdamFx42 Posted 4 Jan.  in #Trader's blog #Drawdown #EUR Long AUD Long
I have been stopped out, that is a great shame ...
I was right about my EurUsd and AudUsd longs - they are doing well now
I woke happily at first seeing the prices - then checked my account
and was really annoyed - being stopped out just before the turnaround
Guess it is not my month (again)
I am going long EurUsd for a last chance today
and will dedicate myself to cling as much profit as I can this month
gl all
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Managed to struggle back to around breakeven yesterday

AdamFx42 Posted 27 May  in #Trader's blog #Drawdown #GBP Long #Switching Direction
I was long GbpUsd and Gbp crosses yesterday before UK data release
I was long GbpUsd above 1.4730, GbpNzd close to 2.20, and GbpAud around 2.0450
Data was poor and Gbp plunged down, so I took a moment to think about it
I waited for a bounce, and closed all positions with about 100K loss,
I sold the bounce and waited..
I cashed on the continuation down - I gained about 50K
Then I reversed again and bought the lows for another bounce,
and managed to gain another 30K
I ended up 20K down and it cost…
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