6/25/2018 session4 recap: not lucky today. Long stopped. image Short Hedge also stopped. image timing is not quite right for the deal set.

Swing Trading on Gold and FX

50% Fibonacci accomplished, the next level is 62% 1.1718 for spot Euro/USD.

Swing Trading on Gold and FX

6/25/2018 session4: Euro is strengthening, tend to long. 50 Fibonacci retracement is 1.1678 for spot. potentially a good tradeable pattern. image

Swing Trading on Gold and FX

done for today, good weekend. image

Swing Trading on Gold and FX

6/22/2018 session4 recap: range trading is back. long accumulation + short decumulation hedge. image image

Swing Trading on Gold and FX

USD (.DXY) is dropping from 11-month peak, and is breaking the support. good for other currencies, profit taking before the weekend should be the main theme. who knows what is the new update from President Trump's twitter during the weekend? image ...

Swing Trading on Gold and FX

6/22/2018 session 4 Plan: Long EUR/USD combo as it already hit and ran away from the bottom - my favorite range trading is back. image

Swing Trading on Gold and FX

mixed news on Euro: image image

Swing Trading on Gold and FX

lesson learnt in new high / new low days: 1) keep patient is very important, reverse point was very difficult to catch; 2) If a reverse was happening, usually they were running out of good / bad news, 3) then a reverse was lead by a sudden change of ...

Swing Trading on Gold and FX

6/21/2018 session4 recap: I should mark this day down for my future reference, as in most of this type of trading days i cannot make profit at all. mainly because my algos are designated for ranged trading market (peaceful days), not suitable for ...

Swing Trading on Gold and FX

6/20/2018 recap: no trades. just watching quotes and reading news.

Swing Trading on Gold and FX

market sentiment changed a little bit after British PM won the vote in parliament. image This lift Euro a little bit too. Patience before long or short.

Swing Trading on Gold and FX

Euro updates: image Source: Reuters image Source: FT.com

Swing Trading on Gold and FX

EUR/USD chart is ugly, have no idea of the direction. scalping for this situation is dangerous as the instant massive order flow will make a big slippage cost on stop loss order. image image

Swing Trading on Gold and FX

6/20/2018 Plan: market sentiment is not supportive to Euro. need to be patient to long.

Swing Trading on Gold and FX

6/19/2018 recap: EUR/USD clearly had downside pressure, however i managed to get two long trades after the big drop. it made profit but moved slowly and it was not a good deal. took me too much time on it. why i took the long. image

Swing Trading on Gold and FX

another small probability event happened in last trading session. EUR/USD is quite resilient now, 1.1658 and 1.1695 are two crucial levels. image image

Swing Trading on Gold and FX

6/18/2018 session5 Plan: statistically less than 9% chance that EUR/USD will lay in 1.1689-1.1759 range at the close. image image the easy way is to close below 1.1689 for Sep EUR/USD. the hard way is that the ECB forum will boost it above ...

Swing Trading on Gold and FX

6/18/2018 session3 recap: flat the position, will focus on session5 lately after U.S. opening. image

Swing Trading on Gold and FX

ECB president will probably change his rhetoric in Portugal forum this afternoon, as I believe the biggest drop (-1.9%) since Jun 24, 2016 Brexit was not what they truly expected - their dovish announcement of QE ending schedule did not mean to make ...

Swing Trading on Gold and FX