Thread: SophieFXs Journal

Originally Posted by ;

Stop moved to 10.280. Risk is currently just 20 points = 0,19 percent.
Brief on new position 10.232. SL 10.282 (1R=1%=50 points)

Stop for position 1 2 moved down to 10.230.

Both transactions are now risk free...

Trailing down. Stops moved to 10.217.

If 10.150 breaks with certainty and volume, it could fall fast!

Trailed stop hit @ 10.217.

43 from 10.260. Result 0,41%
15 from 10.232. Result 0,30%

Complete eqty profit 0,71%.

Learning things: I had correctly identified the 10.160 region as significant service area. Bearish bias is undamaged.

Wonderful job. God utilization of those tools Sophie! Exciting week and following one will be much more so. Look at the Turkish Lira, CAD, EURO. See the carnage from the Chinese market. I actually doubt following 8 years the fed will raise rates Sept. 17. It would knock emerging market currencies worse than they are now. It would place an even bigger scare into investors. I'm speculating USD will be dumped in an enormous way following Thursday. Short 1.3223

Thanks, I've jumped in brief again on the DAX this morning.

Update:
Short @ 10.195. SL @ 10.270. TP open. Risk is 2%.

Descending hourly formation, entered on the rest of multiple hourly lows.
Past very bearish and engulfing daily bar. Downtrend, potential rising trendline support around 10.060-70.

SL transferred down to 10.195. Risk free.

Argh, spooked out in 10.115 for 80 pips / 2,13percent

I feel that the double position made me a little unease. But fantastic breakout to ch before the weekend!

Stay safe !

I have bought DAX @ 10.150. SL 10.100 (50 points). TP open. Risk 1%.

Outside in 10.125 to Get -0,25%

Originally Posted by ;

Out in 10.125 for -0,25%

Yes, monetary trading is about the proportions. Short USD/CAD to the Fed assembly THU..