-80 Week symmetrical triangle
-7 Week falling wedge "launching pattern"
-Weekly Bollinger band squeeze
-Daily gap ups all week
-Strong break of 200DMA which has been subduing price for a month and a half
-Gold price at inflection point
60 basis points planned due to smaller pattern launching the breakout of a larger pattern
Trend follow strategy
-7 Week falling wedge "launching pattern"
-Weekly Bollinger band squeeze
-Daily gap ups all week
-Strong break of 200DMA which has been subduing price for a month and a half
-Gold price at inflection point
60 basis points planned due to smaller pattern launching the breakout of a larger pattern
Trend follow strategy
Comment:
Correction
Buy stop @ 33.69
SL Last day rule @ 33.12
Buy stop @ 33.69
SL Last day rule @ 33.12
Comment:
Bought at market before close
Trade active
Comment:
I like to look for a confluence of time frames
Monthly Bollinger band squeeze with 50SMA resistance broken
Weekly Bollinger band squeeze with 50SMA breach. Dojis leading into break
Daily Bollinger band expansion with 50/200 SMA breach/crossover with daily gaps
Monthly Bollinger band squeeze with 50SMA resistance broken
Weekly Bollinger band squeeze with 50SMA breach. Dojis leading into break
Daily Bollinger band expansion with 50/200 SMA breach/crossover with daily gaps
Comment:
Being shaken around by AUDUSD strength. As an Aussie trader, I hate currency conversion fees, One of the few criticisms I have for Saxo Capital Markets
Trade closed: stop reached:
Stopped out
So after logging the data, turns out my fees were greater than the actual trade loss. I am good at accepting ownership of my failures but thats a fucking joke.
So after logging the data, turns out my fees were greater than the actual trade loss. I am good at accepting ownership of my failures but thats a fucking joke.
Comment:
Will NOT be trading international equities for a while
Last week rule stop @ 32.19