12-16 June Focus

Long AU,
Short EJ, EA

COT for EUR..

The difference between Put and Call widen., it is not at the extreme level yet, so I still believe Eur will fall further. Fundamentally, they are not a strong region .

I had an outstanding order for short EJ , 20K with CityIndex, so no new orders to be triggered, just waiting for this pair to turn around to my direction.

Will see how the week workout.

Week of June 5th

Monday. Not supposed to trade on a Monday. NOT SUPPOSED to..since price always made false move in the morning a nd then reverse it all by afternoon.  But having waited all weekend for Monday to arrive, it is extremely difficult to keep my hands off the keyboard.  I need to find something to do, to occupy my time, in order to safeguard my account balance.

The above is FXDD demo,..weekly timeframe. Based on the info in white box, I triggered :
a. SELL on EUR/NZD, 10K... continuing my last week's short bias (could be a mistake !! I should start each month afresh !)
b. BOUGHT AUD/USD, 10K.  Last week was a green doji, and price at support. Thought, it it time for it to move up.

It was only after my orders,.. that I moved in to 4Hr timeframe for both, and included am EMA200 on that 4hr timeframe chart.
THEN, i realised,.. the pair I shorted,..is stilling above the 4Hr. Bad sigh,..and the pair I longed, has EMS200 just above it. Bad sigh.

I really have to close my eyes and have both pairs makes it move based on Weekly timeframe.

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June 12, reviewing last week's pair.

Look at the weekly chart. My assumption on its move was spot on... but I did not fully harvest this corp becoz I pulled it out before it was riped. My earlier action had resulted in lost of opportunities. I really do have to find something to do while the market move and not get emotional while staring at the screen.

June 2017 Performance

Decided to track my monthly performance, with the hope I will be more careful knowing that my profit and loss will be recorded.

CityIndex , week ending June 2 = $90

Oanda, week ending June 2 = -$13

Net $$77 for mth of June ending, June 2.
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Performance 5th - 9th June

City Index $270.
(carrying an outstanding loss on Shorting EJ $80.

Oanda profit = $30, with outstanding losses on shorting EA, $9.

Adding both, Profit for last week was $300, with outstanding losses of $89, not realised. A nice improvement from last week.
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Performance for 19 - 23 June.

CityIndex  (above) = $ 77
Oanda (not shown) = $29
Total realised profit for the week = $106.
Outstanding orders  in Oanda =  negative $51.
Outstanding orders were long AJ nd AU.

There was little trading opportunities this week,... so, didnt want to push thru any trade that I hv no confident in winning.