AdamFx42's Blog

Avatar

No movement yet in NzdUsd

I am holding on to Nzd longs but nothing seems to be happening

I have two Nzd long positions now, I had a NzdUsd that I carried across the weekend
and I have added a NzdChf long the day before yesterday
Still, there is no movement in Nzd, so I will have to be patient for now
Read full story
Translate to English Show original
orto leave comments
Avatar

NZDUsd still stuck just above last weeks lows

I have a NzdUsd long position that may be in trouble

My NzdUsd long is stuck just above friday's lows of 0.6720
I need this pair to move up if I want any chance of regaining myself in
this month's contest
I have comitted myself to trading Nzd and Aud longs this month
Read full story
Translate to English Show original
orto leave comments
Avatar

Looking to trade again this week

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
Read full story
Translate to English Show original
orto leave comments
Avatar

Managed to keep one long position open

I managed to keep my NzdUsd long position open yesterday

I had to close my Aud longs due to the weekend leverage requirements
otherwise the margin cut would have closed all my positions
I was down to 60K yesterday and a Nzd pair was the only choice I had,
because the Nzd pairs require the least margin/leverage
NzdUsd seemed to put in a low around 0.6720 and bounce from there
I am hoping for continuation up
Read full story
Translate to English Show original
orto leave comments
Avatar

Closing up for the weekend with a loss

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
Read full story
Translate to English Show original
orto leave comments
Avatar

Already suffering some drawdown

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
Read full story
Translate to English Show original
orto leave comments
Avatar

Trying my hand again at NZD and 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
Read full story
Translate to English Show original
orto leave comments
Avatar

Lost out on GBP longs, deviated from plan

This month I deviated from my plan and lost out

I was planning to be long Nzd and Aud crosses this month
It was quite a good plan, and I should have sticked to it
I was drawn down a bit, but I could have recovered
Instead, I went for a big win and deviated from my original plan
I heard of a potential shift in Gbp sentiment to the upside and put all my money on it
Should not have done that, I am down to 50K now
I am switching back to Nzd and Aud longs again, although it maybe too late now
Lesson…
Read full story
Translate to English Show original
orto leave comments
Avatar

Fundamentals looking good for GBP longs

I am long Gbp crosses again today

I just read about Theresa May inviting labour for talks about a Brexit
The consensus here is that it will be talks about a soft exit
The Gbp should benefit from the news, and if talks go well
and a agreement on Brexit is reached by all parties then the Gbp should shoot up
Read full story
Translate to English Show original
orto leave comments
Avatar

GBPUsd is supported above 1.3220 area

I am planning to re-open my closed Gbp longs tonight

I had to close my Gbp longs on Friday due to margin and loss
My GbpNzd and GbpAud long positions were losing heavily,
and my guess is that I went long too soon
GbpUsd tested 1.3220 area twice on Friday, and it should hold now
I will coordinate my Gbp longs based on that level
Read full story
Translate to English Show original
orto leave comments
More