Weekly remarks
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Thread: Weekly remarks

  1. 05:03,  #1
    Corken
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    Hi, I'm opening this diary, to put some weekly opinions. The traders, I belive, have an influence on me: Strat, trogger, PipEasy, Greg Wilson, Yonseo, Billytt, Claudia1 and. Very good reading.

    At the moment I'm trading long and short-term accounts and I have a egy, to start a new account with moderate term objectives. I would like to determine, if I'm able to find a good levels for that type of trading. I really do n`t possess a system, trade and money managment yet, I'll work on that during the year.

    Thus a lot of work to do!
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  2. 10:09,  #2
    Corken
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    On my main account, where I'm trading short term trades on GBPJPY, trading went realy bad this week. I gave half the profit back and I'll not trading till the close of the month. Want to maintain the stats favorable. It seems history repete itself. I went though this past February and March, GBPJPY went in a range, where was no normal price moving, only spikes all over the area. And my system fall down, just didn`t work. I had extended time, to recuperate and this is sure not the thing, I would do it again!! Until the ATR will remain at around 200 pips, I will use the procedure, I'm trying to show here. This is my weekly perspective on GBPJPY:

    GBPUSD range, USDJPY range = GBPJPY range
    USDJPY fall in a range, but resistence preceding hold the price, might be tested again.

    GBPJPY ATR fall as anticipated. Not a good sign, it is going to move in a range between powerful support and new resistence, wich form this week in 150.80. ATR will probably stay around 200-250. All this will cause a spikey price action. I will not trade it with my standard system, till something shift.

    Have a Wonderful day all!
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  3. 11:30,  #3
    Corken
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    UKOIL: price was going down, it might be a good medium term trade.
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  4. 12:51,  #4
    Corken
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    GOLD: good move upback to resistence, SHORT
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  5. 14:12,  #5
    Corken
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    USDJPY: fracture of support, on the evaluation from the opposing side, SHORT
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  6. 15:32,  #6
    Corken
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    EURAUD : resistence is holding the price, SHORT
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  7. 16:53,  #7
    Corken
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    GBPJPY: good support at 1.475, non of WCC, LONG
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  8. 18:14,  #8
    Corken
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    NZDUSD: good move up, resistence at 0.75, SHORT
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  9. 19:35,  #9
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    DAX: about the evaluation of broken high and support in WCC, SHORT
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  10. 20:55,  #10
    Corken
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    Last year I changed broker and left a realy small account available with FXCM. I'll use it rather than demo or paper trading. Listed below are fresh entries of this week:
    XAUUSD

    GBPJPY

    EURAUD
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