- Indices -
Price for the S&P 500 got to ath, dropped then rallied a bit. No way to tell if we keep going up or down from there looking at the chart, in the past both outcomes have happened.
BUT Trump said that Friday China Tariffs will go from 10% to 25%.
Is the market going to dump when we open tomorrow? Or this can be bullish? "We rallied all year on trade hopes".
Lmao maybe Trump bought the dip and wanted to run it to ath then he shorted and now drops the bomb.
Update NEVERMIND. As I was typing this the bots were reacting to Trump trolling. Will it snowball? Will the herd react the same way tomorrow?
- FX Majors -
EURUSD & USDJPY gapped but who cares. I see nothing interesting.
GBPUSD just went up so much. Pretty strong on the short TF. Looking to buy on the really short term, otherwise I have no bias on it, just sideways higher TF.
AUDUSD STILL following the path I drew but... not like this. It gapped down then up up. I will I guess buy if it forms a double bottom, unless it just keeps going without me.
USDCHF missed the boat, but it might not keep going up. If it falls asleep and the uptrend is over I'll trade the consolidation in the ranger here. Short res, buy sup.
- Commodities -
Gold. Dumb bulls hehe. They are fighting for their lives. I wonder if they are "buying the dip". 50/50 chance of going up or down. Coinflip investing.
Oil. It gapped down and then dumped a little. I was able to enter as soon as my broker opened 20 minutes late. Looks "scary" on low TF but who cares. I want to buy for other reasons than the sunday evening 15 minutes chart.
Copper continuing the downtrend. Want to buy after baggy bulls throw the towel and fresh buyers hop in.
- Crypto -
Bitcoin is bottoming! Buy the dip! I posted this trade yesterday was it? Bitfinex premium now at 320$.
Alts idk what to think. I don't really care tbh. And no point wasting time on them since I am already playing with Bitcoin. I am not going to "diversify" into 95% correlated assets.
- FX Minors -
Nothing interesting really.
The Swedish Krona at all time low bounced... Nothing to do here for me. I have no idea what the odds of it crashing, or dropping then reverse, or just keep going up ( = USDSEK EURSEK down)
I kinda want to short EURSEK but it's not quite good enough as an EW count (inside of 5), and spreads are huge anyway for some reason even thought EURUSD and Oil went down this evening. When the brokers open spreads are really high but within 1-2 hours they go back to normal. Anyway I can watch what happens and how it happens to gain +10 xp points.
Oil Bitcoin Indices maybe AUDUSD, that's what is interesting at the moment. In my eyes.
That's all folks.
Price for the S&P 500 got to ath, dropped then rallied a bit. No way to tell if we keep going up or down from there looking at the chart, in the past both outcomes have happened.
BUT Trump said that Friday China Tariffs will go from 10% to 25%.
Is the market going to dump when we open tomorrow? Or this can be bullish? "We rallied all year on trade hopes".
Lmao maybe Trump bought the dip and wanted to run it to ath then he shorted and now drops the bomb.
Update NEVERMIND. As I was typing this the bots were reacting to Trump trolling. Will it snowball? Will the herd react the same way tomorrow?
- FX Majors -
EURUSD & USDJPY gapped but who cares. I see nothing interesting.
GBPUSD just went up so much. Pretty strong on the short TF. Looking to buy on the really short term, otherwise I have no bias on it, just sideways higher TF.
AUDUSD STILL following the path I drew but... not like this. It gapped down then up up. I will I guess buy if it forms a double bottom, unless it just keeps going without me.
USDCHF missed the boat, but it might not keep going up. If it falls asleep and the uptrend is over I'll trade the consolidation in the ranger here. Short res, buy sup.
- Commodities -
Gold. Dumb bulls hehe. They are fighting for their lives. I wonder if they are "buying the dip". 50/50 chance of going up or down. Coinflip investing.
Oil. It gapped down and then dumped a little. I was able to enter as soon as my broker opened 20 minutes late. Looks "scary" on low TF but who cares. I want to buy for other reasons than the sunday evening 15 minutes chart.
Copper continuing the downtrend. Want to buy after baggy bulls throw the towel and fresh buyers hop in.
- Crypto -
Bitcoin is bottoming! Buy the dip! I posted this trade yesterday was it? Bitfinex premium now at 320$.
Alts idk what to think. I don't really care tbh. And no point wasting time on them since I am already playing with Bitcoin. I am not going to "diversify" into 95% correlated assets.
- FX Minors -
Nothing interesting really.
The Swedish Krona at all time low bounced... Nothing to do here for me. I have no idea what the odds of it crashing, or dropping then reverse, or just keep going up ( = USDSEK EURSEK down)
I kinda want to short EURSEK but it's not quite good enough as an EW count (inside of 5), and spreads are huge anyway for some reason even thought EURUSD and Oil went down this evening. When the brokers open spreads are really high but within 1-2 hours they go back to normal. Anyway I can watch what happens and how it happens to gain +10 xp points.
Oil Bitcoin Indices maybe AUDUSD, that's what is interesting at the moment. In my eyes.
That's all folks.
Comment:
Oil is soaring so much LOL. I WANT MOAR MOAR MOOOAAAAR.
Let's go for at least 63$, 3 green candles! As long as it keeps pumping why get out?
When I win, I really seem to notice a pattern of buying at the very bottom or selling at the very top.
I am logging my trades in excel.
I might be able to go for higher risk rewards (maybe 2.5) without my winrate dropping too much.
Will take a few quarters of trading and backtesting to know. Maybe by the end of 2019 I'll change it up.
I see 2 things possibly happen:
63$ is also 0.5 fib of that abc.
Let's go for at least 63$, 3 green candles! As long as it keeps pumping why get out?
When I win, I really seem to notice a pattern of buying at the very bottom or selling at the very top.
I am logging my trades in excel.
I might be able to go for higher risk rewards (maybe 2.5) without my winrate dropping too much.
Will take a few quarters of trading and backtesting to know. Maybe by the end of 2019 I'll change it up.
I see 2 things possibly happen:
63$ is also 0.5 fib of that abc.
Comment:
Tight trailing stop loss now.
Easy win 5% bounce & took less than 24 hours.
Easy win 5% bounce & took less than 24 hours.
Comment:
Trailing stop of 0.236 or less.
If it goes back to yearly high and beyond without retracing too much, this can be turned into a no risk winning swing trade with a more loose stop.
If it goes back to yearly high and beyond without retracing too much, this can be turned into a no risk winning swing trade with a more loose stop.
Trade closed: stop reached:
Oil trade is over :(
On the hunt for the next one.
On the hunt for the next one.
Imagine being short and waking up to this :}