Friday 18th of September

I’ve been sharing every single FX trade I’ve taken since the beginning of these daily watchlist posts, so I’ll update you on my GBP/NZD position

My scale in, is now closed for breakeven, I moved it to breakeven once it reached 2% profit as per my trading plan, and let forgot about it.

It went up to run close to 3% and then the price reversed and took me out

https://www.tradingview.com/x/I165vFq6/

I165vFq6 (1796×1323)

I am currently still in my original 4hour entry, time will tell what happens, fate permitting the price will retrace higher 🙂

Now, onto the important stuff, no point living in the past, we can’t change what happened, and we can’t control the price action, all we can do is control our own actions

(I think what I just bolded is key for any trader / for really anyone – so read it over again please)

Daily Watchlist


AUD/NZD

Aussie Kiwi will be the main on my watchlist, I like this counterzone.

This counter zone is rather clear, it led to break of two different zones and it’s still fresh.

The price has reached the zone as I write this, so all I’ll be doing is waiting for my script to indicate me an entry and I’ll execute.

The only downside is the fact that there’s no weekly stack, that would be lower, that being said, there is however, a monthly stack so we’ll still be able to take this position. It’s not ideal, I by far prefer weekly zones but this will have to do 🙂

Since I just mentioned the monthly, it makes me think that I should probably mention the fact that we are currently in a clear wedge pattern on the monthly, and we’ve just rejected the higher limit. However, the price can still break to the upside from here so I’m not too worried

https://www.tradingview.com/x/GHjmhFso/

GHjmhFso (2119×1323)


NZD/USD

Kiwi Dollar is the second pair I have on watch, you’ll have to excuse this screenshot, I use a 13inch laptop so having to zoom out, well, reduces the quality.

This zone was created as a counter zone in March 2019

It is also starting to form a rather obvious wedge pattern that could lead to an impulsive leg lower, which is something I will be extremely keen on if an entry is provided to me.

On the positive side of things, this zone does indeed have a clear weekly imbalance stack so I’ll be waiting for my script to indicate an entry and I’ll execute. I shall not wait to see the upper limit of this wedge to be reached to enter if my script indicates an entry earlier.

I do not trade market structure, I am however aware of it.

https://www.tradingview.com/x/mjomlP2H/

mjomlP2H (2119×1323)

And that’s all for my daily watch!

Book wise…

I’ve just gotten start with the autobiography of Malcom X but finding it quite hard to get really absorbed by it, so I’ve also started the second book of the series of the way of the kings.

I’ll be getting Epictetus Discourses and Marcus Aurelius Meditations paperback versions delivered to me today, so I’m rather excited to finally have those in physical copy.

Tweet wise…. Here’s my favourite of the day

Quit stressing about what other people think about you.

Aim high, even if you don’t reach the exact thing you wanted you will probably have a better result than if you had aimed low

Do not worry what other people think about you, it doesn’t even represent 1% of their thoughts anyway.

On that note, I wish you to have a fantastic Friday and weekend – speak to you Monday!

Thursday 17th of September 2020

To remain entirely transparent, I took a scale in GBP/NZD yesterday based on the 1hour chart pattern.

I’ve explained it in my previous 2 daily watchlists, so I hope you’ll forgive me for not explaining why in too much detail. But to recap:

I had an original 4h reversal entry, that entry had a higher timeframe stack and fulfilled every single criteria of mine. (I am still holding this position)

On this additional position, we observed a clear break of the 1h 50EMA as well as the wedge pattern it had started to created, followed by a retest of the 0.382FIB (When the 0.382 fib is above the EMA I use it as a criteria entry, if it’s not that’s okay, I will still take the trade)

https://www.tradingview.com/x/7kM78giO/

7kM78giO (1796×1323)

My position is now at BE and I won’t touch it until it reaches my profit target or breakeven level

Now onto why you’re here, or at least I hope you are (or is it for the daily tweet?)

Daily Watchlist


AUD/JPY

AUD/JPY will be the first FX pair on my watchlist, the reason I like it is the counterzone we have.

The counterzone is at this level since it’s the last imbalance before the break of the previous zone (I do not count imbalances that touch a zone as valid)

There is a weekly stack, that is why I’ve extended the zone to the left, I adjusted it to the weekly imbalance

https://www.tradingview.com/x/jsjHlPG1/

jsjHlPG1 (1796×1323)

USD/JPY

USD/JPY is the second (and last) new pair I have on my watch for today

I’ll be the first to admit, it’s not the prettiest zone, the DXY looks quite bullish, and the higher timeframe isn’t the prettiest.

There’s no weekly stack, however we can draw a monthly stack, that being said, the monthly isn’t the prettiest, the PA has broken the monthly zone quite a few times, however in all three occurrences it was only a fakeout, so… Will keep my eye on it.

https://www.tradingview.com/x/8DYE1C8Y/

8DYE1C8Y (1796×1323)

GBP/NZD

Eheh, once again, I mention my Pound Kiwi trade, nothing new, I’ll just be looking for a potential 4hour scale in as mentioned in my previous watchlist

Just waiting for the price to clearly break above the 50EMA for at least 8hours before placing my order.

Something like this:

https://www.tradingview.com/x/EDxtScHz/

EDxtScHz (1796×1323)

Book wise…

I’ve finished reading, “the Way of the Kings” by Bryan Sanderson, it was my “chill” book a fiction, however there’s a few nuggets about leadership in it so I did enjoy it

Here’s a few quotes I took form this book:

Expectations were like fine pottery. The harder you held them, the more likely they were to crack.


“Well, I myself find that respect is like manure. Use it where needed, and growth will flourish. Spread it on too thick, and things just start to smell.”


“Too many of us,” she said, “take great pains with what we ingest through our mouths, and far less with what we partake of through our ears and eyes. Wouldn’t you say?”


Man’s emotions are what define him, and control is the hallmark of true strength.

To lack feeling is to be dead,

But to act on every feeling is to be a child.”


I declare that no accomplishment has substance
nearly as great as the road used to achieve it. We are not creatures of destinations. It is the journey that shapes us.

I’ve just bought the autobiography of Malcom X on my kindle, and bought the physical version of Meditations (Marcus Aurelius) and Discourses (Epictetus).

These last two books are books I want to have with me wherever I go, already have them on my kindle but… Wanted to have a physical version

Tweet wise…. Here’s my favourite of the day

It may be my tweet, but I’m quote Ryan Holiday newsletter! You should sign up to his!

Wednesday 16th of September 2020

Hope the FX markets are treating you nicely this week.

I’ll admit, I don’t really have anything on watch for today.

I had USD/CHF on my watchlist yesterday, however I’m really struggling to argue in favour of its higher timeframe stack. I don’t believe it fits my trading plan therefore I removed it form my watch

GBP/CAD has now moved far enough to no longer be a position I’ll be interested in, even if it comes back inside the zone.

That leaves me with

Daily Watchlist


GBP/NZD

On top of having my 4h entry, I have two additional entries available to me, I’ll be looking to take a scale in on this position once the price breaks above the 50EMA. That’s one of my scale in. The second one, is a classical break and retest of the 4h 50EMA.

These two scale in strategies, aren’t very complicated, more a question of trend following, which is why selecting the right original entries are key to me

So here’s a quick screenshot of what I am talking about

https://www.tradingview.com/x/ADioNEGH/

ADioNEGH (2119×1208)

The

The 1hour 50EMA is being quite strongly respected at the moment, and the price action is now forming a rather clear wedge pattern.

I will wait for a clear break to the upside (above the 50EMA and of the wedge pattern) before placing an order above the 1h 50 EMA

In terms of the 4hour scale in, here’s what I’m looking at:

https://www.tradingview.com/x/xKzrmd18/

xKzrmd18 (2119×1208)

I will want to see once again a break of the 4hour 50EMA – I require at least 8hours above the EMA – before placing an order for a potential long.

All of this, is of course based on whenever or not the position decides to break to the upside and not to the downside

That’s my daily watch for today, I only have GBP/NZD.

Book wise…

I’ve finished reading, “How to Think Like a Roman Emperor” by Donald Robertson

And I’m now reading a fiction novel, so no need to share that, however, I’ll keep sharing parts of “How to Think Like a Roman Emperor until I finish my current “relax book”

So here’s one short and concise quote from Epictetus

“It’s not things that upset us but our judgments about things,”

Epictetus

I truly believe it’s a key thing to remember while trading in the market!

Tweet wise…. Here’s my favourite of the day

Not the biggest fan of the description, but I really like the risk Process Cycle hence why I have it here

That’s why I’ll add a second one 😀

Tuesday 15th of September 2020

Took a trade on GBP/NZD long yesterday, so I’ll do a quick breakdown of it, but it was mentioned in my watchlist of the day

(I’m sharing the charts at the time of entry, what matters isn’t what the price does, but if it fit with your criteria at the time. Don’t try to reinforce your belief in your capacity by looking at the results or whenever your trade is in the green or red, instead focus on your competence of selecting trades that fit your trading plan)

Fh2ANzt9 (1796×1323)

https://www.tradingview.com/x/Fh2ANzt9/

So as mentioned previously, I believe that this zone is a valid counterzone, we could also have drawn the zone from the tweezers, however that zone wouldn’t have been fresh since the doji triggered it. Hence why my zone is drawn as it is.

On the four hour, we can see that the price broke the zone, which is something I’m fine with, for a zone to be invalid I need to see two daily close outside of it.

There was also a weekly stack (the only downside to that weekly stack is that it came after a row of 6 imbalances, however I do not mind it on the HTF)

Anyway…. Let’s get started

Daily Watchlist


GBP/NZD

On top of having my 4h entry, I have two additional entries available to me, I’ll be looking to take a scale in on this position once the price breaks above the 50EMA. That’s one of my scale in. The second one, is a classical break and retest of the 4h 50EMA.

These two scale in strategies, aren’t very complicated, more a question of trend following, which is why selecting the right original entries are key to me

The daily and 4hour chart hasn’t really moved, compared to yesterday (and the chart above) so not going to add the chart here again


GBP/CAD

Now onto GBP/CAD – I really like this demand zone, it’s very clear and has a weekly stack. I’m now just waiting for the price to enter the zone and give me an entry signal.

As mentioned yesterday, there was a potential entry, on Friday, however the 4hour did not fulfil every single criteria I had, it misses one, so I stayed on the side-lines.

Having that extra criteria reduces my long term returns, so it was hard to resist, however I use that extra criteria to increase my strike rate (which makes it go from 53 to 56%) as well as my average return (from 0,99% to 1,2%)

I now fully well that to take this position I’ll probably end up having GBP/NZD as a loss, but in anyway, my bias remains bullish for GBP pairs until these key levels are broken

https://www.tradingview.com/x/OkPGD0NB/

OkPGD0NB (1796×1323)

USD/CHF

USD/CHF is another pair I have on my watch.

While the real trendline hasn’t been broke (as of yet) we did have a clear phase line that served as a trendline, it fits my criteria of a trendline since it covers more than 15candles and has 3 lower lows and 2 lower high.

If the price action reaches inside this zone I’ll be looking for a potential trade entry

The main downside to this position is the HTF stack, however it dates back to 2014, so before the 2015 flash crash, which means the price did break this zone. Knowing that, it makes me hesitate.

https://www.tradingview.com/x/NGFujYzV/

NGFujYzV (1796×1323)

Book wise…

I’ve finished reading, “How to Think Like a Roman Emperor” by Donald Robertson

And I’m now reading a fiction novel, so no need to share that, however, I’ll keep sharing parts of “How to Think Like a Roman Emperor until I finish my current “relax book”

We usually think of rhetoric as something used to manipulate other people. We tend to forget we’re doing it to ourselves as well, not only when we speak but also when we use language to think.
The Stoics were certainly interested in how our words affect others. However, their priority was to change the way we affect ourselves, our own thoughts and feelings, through our choice of language.
We exaggerate, overgeneralize, omit information, and use strong language and colorful metaphors: “She’s always being a bitch!” “That bastard shot me down in flames!” “This job is complete bullshit!”
People tend to think that exclamations like these are a natural consequence of strong emotions like anger. But what if they’re also causing or perpetuating our emotions?

Tweet wise…. Here’s my favourite of the day

Monday 14th of September

Hope you had a great weekend! Mine was spent finishing my book, backtesting the 4hour scale in entries as well as watching this amazing formula 1 race, was a rather fun one!

Anyway…. Let’s get started

Daily Watchlist


GBP/CAD

Before I breakdown why I like GBP/CAD I’ll mention to the people who read my previous daily watchlist that I no longer consider CAD/JPY as valid, that phase line is definitely not the prettiest so I’ll keep my money and avoid risking it on a B set-up

Now onto GBP/CAD – I really like this demand zone, it’s very clear and has a weekly stack. I don’t know what else to say to be honest, I’m now just waiting for the price to enter the zone and give me an entry signal.

There was a potential entry, however the 4hour did not fulfil every single criteria I had, it misses one, so I stayed on the side-lines.

Having that extra criteria reduces my long term returns, so it was hard to resist, however I use that extra criteria to increase my strike rate (which makes it go from 53 to 56%) as well as my average return (from 0,99% to 1,2%)

https://www.tradingview.com/x/1DdrbOz8/

1DdrbOz8 (2119×1323)


GBP/CHF

Moving onto GBP/CHF, I’ll also be keen for a potential long set-up, I prefer GBP/CAD I’ll admit, however this presents an edge and I believe this demand zone is also valid.

It’s the imbalance at the best value, the ones lower are not valid, so that leaves only this one

You can also draw another zone from the doji more or less in the middle of the screenshot, it breaks a clear phase line, it’s not the cleanest but would be valid (I would prefer taking that over CAD/JPY for instance)

All in all, it’s now all about executing my trading plan once I can spot a valid entry signal.

https://www.tradingview.com/x/pEjOeyjR/

pEjOeyjR (1796×1323)

GBP/NZD

Pound Kiwi is another pair I’ll be keeping a keen eye on for today, while I’m unsure if I should use the trendline break zone (since that zone was created based off the rejection of a previous zone)

I believe that we can use the counterzone to entern this position.

It is true that the price did break this zone, however, as per my rules two daily candles need to close outside of a zone for the zone to be broken, hence this zone remains valid

On top of that, the weekly is valid, and we can also observe a clear monthly ascending trendline. All in all I like it 🙂

fr45T93U (1796×1323)

https://www.tradingview.com/x/fr45T93U/

That;s all for today!

Book wise…

I’ve finished reading, “How to Think Like a Roman Emperor” by Donald Robertson

Really enjoyed it, I’d argue one of the best books about stoicism, however, it may not be the best primer to this philosophy. That being said, if you’ve read any work from Ryan Holiday, you will probably enjoy it, it shows how Marcus Aurelius applied Stoicism in his life.

I’ll leave you with the last highlighted part I have (I have 10 pages of highlights):

Things external to our own character such as health, wealth, and reputation are neither good nor bad.

They present us with opportunities, which the wise man uses well and the fool badly.

Though men desire wealth and other such things, these no more improve a man’s soul than a golden bridle improves a horse

My next book will probably be a “chill” one then I’ll probably jump back into some of Harari works, it’s been a while. But Plutarch’s On Sparta does tempt me a lot….

Tweet wise…. Here’s my favourite of the day

A nice and concise one.

Noticed that my backtested strategy had loosing periods, up to 8R!

I have to say, that the “when it rains it pours” would define trading very well

Both in terms of losses and in terms of winners.

Some periods will be negative, others extrelemy positive

Remember to manage your risk

Friday 11th of September

The FX market has definitely moved since yesterday, was a rather impressive day! That being said, there wasn’t any entries for my trading plan so it just led to the creation of new zones.

On other news, I’ve finally finished reviewing 2018 to 2020 on my new trading plan while having verified every single trade several times with other traders to argue for / against.

Which leads to this data:

unknown.png (527×778)

Anyway…. Let’s get started

Daily Watchlist


CAD/JPY

This trade set-up has the same argumentation as yesterday, so if you want to know in more detail why I am looking at this set-up check out yesterday’s daily watch list 🙂

This set-up isn’t the prettiest one, however, having the previous daily close being bearish makes me like it a bit more since there’s a clear break of the phase line

https://www.tradingview.com/x/MQ6zNetY/

MQ6zNetY (1796×1323)

GBP/CAD

The impulsive move from yesterday brought this pair to my attention, it is now approaching a strong demand zone I’ve been waiting on for quite a while.

The weekly chart is also gorgeous, there’s a clear stack there, and this daily is rather clear.

As you can see on the 4hour chart, there’s some deceleration, I hope not too much deceleration since I’m not the biggest fan of having loads of deceleration, but that being said I am definitely looking at it

https://www.tradingview.com/x/xL0hcKue/

xL0hcKue (1796×1323)

GBP/CHF

I like this set-up since we observed a clear bearish move and a reversal zone. This imbalance level can be discussed since there’s one that’s a little lower.

That being said, the lower imbalance wouldn’t be valid if you draw it off 2 imbalance candles so that’s why I’m not using it.

There’s a gorgeous weekly stack

The move lower was extremely impulsive, so it will be interesting to see what happens next, ideally the price moves into the zone before reversing, time will tell.

https://www.tradingview.com/x/FxYZYCkZ/

FxYZYCkZ (1796×1323)

GBP/NZD

This GBP/NZD is something I decided to include on this watchlist, I am unsure if it’s valid or not.

I am going to argue the zone isn’t valid for one reason, and you’ll probably say I’m being too picky.

This zone is great, it’s extremely obvious and there’s a higher timeframe stack, it’s not great, but it’s there.

However, let me take the “this zone is great” is it? I actually don’t think it is – the doji did re-enter the zone.

That being said, it was so small, I will take the position if the GBP/NZD price goes towards the middle of the zone, it will need to clearly enter it

https://www.tradingview.com/x/ng0kfNxM/

ng0kfNxM (1796×1323)

A lot more pairs are shaping up rather nicely, that being said, I’ll keep them for when they’re on active watch instead of talking about them every day!

Book wise…

I’m reading yet another book about Marcus Aurelius, “How to Think Like a Roman Emperor” by Donald Robertson

I’m not a fan girl, just passionate!

Always want to be learning from the right people, and I think Marcus Aurelius could be that right person, it’s a shame he doesn’t have an IG account or twitter ahah

Here’s a quote I’m enjoying it

“Wisdom, in all these forms, mainly requires understanding the difference between good, bad, and indifferent things. Virtue is good and vice is bad, but everything else is indifferent.”

Tweet wise…. Here’s my favourite of the day

A nice and concise one.

Thursday 10th of September

It’s time for our daily watchlist! Things have moved a fair amount from yesterday, which is always good since it shows money is in the market, and we need this volatility to make our returns and take positions!

Daily Watchlist


GBP/AUD

This trade is a position I am rather keen on, there is a very clear, fresh, zone

The price has now formed a double bottom on the daily chart, the weekly stack is just gorgeous, so I’ll be keeping my eyes on it for sure.

That being said, I’d like it if the price could make it a tiny bit lower before giving me an entry pattern, since the price has been moving sideways for a while, seeing it reach new orders would give me more confidence

https://www.tradingview.com/x/0IToFtZz/

0IToFtZz (1796×1323)

CAD/JPY

I’ll add this pair to this watchlist, for three reasons:

  1. It’s the type of trades I can see as valid but also not really valid
  2. I believe it’s valid, however it’s borderline, hence I want to keep track of my thinking before the price action reaches the supply zone to be able to look back if I start sensing any greed or fear within me.
  3. It has a clear monthly stack

This set-up is interesting since the imbalance zone can be seen as a break of a phase line, after all it only withheld one month of price action, and was rejected only once (if we adjust it, otherwise it’s twice)

The price broke this phase line/trend line and then quite quickly reversed (similar to EJ which I’ll address shortly)

I would consider this to be a valid trendline since we can clearly witness a bearish impulse correction impulse pattern before our starting point.

From that starting point, there’s been three clear higher highs, and two clear higher lows, hence I will be willing to take this position

https://www.tradingview.com/x/X3xv4yYT/

X3xv4yYT (1796×1323)

EUR/JPY

EUR/JPY is quite similar to CAD/JPY, however I would rate EJ as a more attractive trade than CJ since the trendline is a lot clearer

However, in terms of similarity I am talking about the break of the trendline and quite quick reversal to retest this zone (which is made of 5 white candles) that is the data point that makes me hesitant in pulling the trigger for this trade

That being said, the trend break is very obvious, we could be forming a head and shoulder pattern and there’s a monthly stack, which is important – that being said, there’s no weekly stack, only a monthly one (I prefer the opposite but it remains valid)

https://www.tradingview.com/x/9hMFB7kd/

9hMFB7kd (1796×1323)

A lot more pairs are shaping up rather nicely, that being said, I’ll keep them for when they’re on active watch instead of talking about them every day!

Book wise…

I’ve decided to get yet another book about Marcus Aurelius, “How to Think Like a Roman Emperor” by Donald Robertson

There’s a saying I’m sure you know that says you’re the average of the 5 people you spend the most amount of time with.

I’d like to think that a Roman Emperor, and the last well known Roman Stoic , would be a good person to have in my circle of friends.

I’m probably going to write a blog post about Stoicism (with an S, not s) one day.

Tweet wise…. Here’s my favourite of the day

It’s not related to trading, but more about life as a whole, and what’s possible when you put your mind into something and start working form there

For instance what could I do with this blog without destroying the “brand”?

Could start selling coffee and my AWESOME coffee mugs (and apparel) right?! PLEASE SAY MY COFFEE MUGS ARE COOL!

Could start selling my watchlist and in depth reports

Could start raising awareness about my own fund (I do not have one yet)

Could use a blog to build awareness about me to get a job in a hedge fund

Etc…

There’s unlimited possibilities, you just have to take one small step and you’re already closer to your end goal

Wednesday 9th of September 2020

My NZD/USD trade closed for 1.35% yesterday (2.7R, since I am only risking 0.5% per position while doing my 5ers evaluation)

So rather happy with it, I had adjusted my profit target from 3R to 2.7R since I came to realize my broker executed my entry a fair amount lower than the close of the 4h candle.

In my backtesting I take the exact close of the candle, hence I decided to to set the same profit target as if I was backtesting, which led to this lower profit.

I’m happy with this execution and management, let’s hope this month keeps brining us opportunuities.

On top of that, I have finally completed the review of my (and a few colleagues) 2018 to 2020 backtest, so I’ll be starting (once again) to backtest the scale in positions offered by these positions over this next few days.

Daily Watchlist


GBP/AUD

This trade is a position I am rather keen on, there is a very clear, fresh, zone just a few pips below the current price action.

Once the price reaches it we’ll be able to say it created a clear double bottom, which I know other traders will be keeping an eye on.

On top of that, the trend was clearly broken since a higher high and a higher low has been made since the zone was created.

There’s also a rather clear weekly stack so all in all, I’ll be happy to execute this position.

https://www.tradingview.com/x/FXk0cyNu/

FXk0cyNu (1796×1323)

EUR/JPY

EUR/JPY is also a pair on my daily watchlist, that being said, I would prefer if we could witness another daily close below the trendline before retesting the supply zone.

There is no weekly stack, however there is a monthly one. That being said, if the week closes as a bearish candle, I’ll be keen for a short next week too.

This trendline is rather obvious to my eyes, which makes me believe this zone shall be quite strong.

That being said, it is coming from the rejection of another zone, so it is possible that there’s not that many orders left to be filled by institutions

https://www.tradingview.com/x/WkhhnJc5/

WkhhnJc5 (1796×1323)

That’s all I have on my daily watch for today!

A lot more pairs are shaping up rather nicely, that being said, I’ll keep them for when they’re on active watch instead of talking about them every day!

Book wise…

I’ve finished reading Surely You’re Joking Mr Feynman – definitely worth it

Will now look into my booklist and see which one I’ll read next, or if I want to re-read one of my other books.

That being said, I’ve noticed that Jay Shetty just published a book, Think like a monk, so I may buy that one since I like Jay’s message

Tweet wise…. Here’s my favourite of the day

It should be seen as a success and not a failure. It should be celebrated, not ridiculed.

Yep, I’m using my own twitter to share my favourite twitter ahah


Have a good one folks! Speak tomorrow

Tuesday 8th of September

Lets jump into my daily FX watchlist without any delay 🙂

Daily Watchlist


AUD/NZD

I’m liking AUD/NZD for a potential short

The area that suits me best will be just below 1.1 so we’ll see if the price reaches that key level, the weekly offers a rather nice stack so I’ll be keen to take this short

That being said, it’s not the cleanest zone, the zone it broke was more of a phase line than a strong trendline, but there was supply there, so let’s see if institutions are going to push the price back to that key level

https://www.tradingview.com/x/QufHKZDk/

QufHKZDk (1796×1323)

GBP/USD

GBP/USD remains one of my favorite on watch for this week, definitely not for today, at least I don’t expect it, but good to keep it in mind so here’s the chart I’m looking at

https://www.tradingview.com/x/hlNGaKwF/

hlNGaKwF (1796×1323)

For GBP/USD I’m basically waiting for the price action to reach around 1.29, from there on I’ll be very keen for a long, it also fits the trendline, to retest the high we just made (and either drop or keep heading higher from there)

Time will tell, but it’ll probably be on my watchlist for a while before anything happens to it

GBP/AUD

For a potential long between 1.785 and below I’ll be interested in taking a position, there’s a clear weekly stack that lead to a change in the trend.

We’ll see what happens once the price gets there, there’s nothing more to do than just wait until everything fits our strategy

https://www.tradingview.com/x/xtLhCTED/

xtLhCTED (1796×1323)

Book wise…

I’m still really enjoying myself reading Surely You’re Joking Mr Feynman – definitely worth it

Will finish it today and then find myself a new book to get into.

It’s a lovely book that gives you a view into the life of one of the smartest people around.

Tweet wise…. Here’s my favourite of the day

Have a fantastic day!

Monday 7th of September

Hope you had a fantastic weekend!

For those who watch Formula 1, what a race!! Really enjoyed it, hope you guys did too!

Anyway, let’s get started with what this blog is about – trading 🙂

Daily Watchlist


AUD/NZD

Aussie Kiwi 🙂 It’s on watch! I love saying Aussie Kiwi so amazing, I’m actually waiting for a long and a short, so not too worried where it goes, it’s just a question of time, when will it reach the zones I have – and when they do, will they give us a script entry?

https://www.tradingview.com/x/sZfBDmIz/

sZfBDmIz (1796×1323)

GBP/USD

I’ll wait for a clear break lower and a daily close, so not a trade I’ll be taking on today, however if we have a clear bearish close, I’ll definitely keep a close eye on it tomorrow!

https://www.tradingview.com/x/JembNvIB/

JembNvIB (1796×1323)

Book wise…

I’m still really enjoying myself reading Surely You’re Joking Mr Feynman – definitely worth it

Here’s one of my favourite quotes from it so far

“Nobody ever figures out what life is all about, and it doesn’t matter. Explore the world. Nearly everything is really interesting if you go into it deeply enough.”

Richard Feynman

Tweet wise…. Here’s my favourite of the day

Have a fantastic day!