Tuesday 21st of September

Good morning folks, I hope you’re well!

I decided to give in, after spending a fair amount of time wandering the streets looking for an open coffee shop at 8:30 and not finding one I decided to get myself an Aeropress, I’ve heard great things about it, so fingers crossed!

I hope it’s as good as they say!

Oh you’re not here to hear about my coffee adventures, that’s true, my bad!

Trade Update: EUR/AUD +3R

Euro Aussie reached my TP a couple of minutes ago for the full +3R, however I’ll admit that on my personal account I closed the original for +2.8R yesterday once it started to retrace having been 1 pip away from my profit target, but I had decided to leave the trade open on my 5ers accounts.

Glad I took this trade. I didn’t miss a 1hour scale in, the 4hour scale in opportunity came in very late and had only a small R:R to the orginal TP so I decided against it and I stand with that choice.

Anyway, enough talk about past trade, you probably want to know what I’m looking at rather than what I did in the past.

FX Watchlist

AUD/JPY

Aussie Yen is approaching an area of interest, we’re seeing quite a strong descending trend, however that fits me just fine, the area of demand appears to be interesting and there’s a clear area of interest with a clear weekly stack

EUR/GBP

Euro Pound is also on my watch, it’s been moving sideways for quite a long time let’s be honest but hey, worth it I guess

EUR/JPY

Euro Yen is forming a clear double bottom, the area of demand is clear, let’s see what happens. Knowing the SPX is currently showing weakness it’ll be interesting if we see more money flow into the Yen or if we get a reversal and the SPX goes higher. Time will tell, but I find it fascinating to link everything together.

GBP/USD

Pound Dollar is also interesting for a potential long we’re seeing quite a lot of impulsive movement but hey, that can be a good sign!

USD/CAD

Dollar Canadian is doing more or less the opposite of GBP/USD (which kinda makes sense) however we’re already inside the area of supply so let’s see what we get!

Sorry folks, I realised I forgot to upload this

Wednesday 15th of September

Good morning!

Nothing on watch, however my two CHF/JPY positions ended up being losers, so sadly, I would’ve been a lot better of to not act on it late (but the time of execution didn’t change anything)

Trade Recap

CHF/JPY -2R

I’ll dig into this set-up over the weekend

Tuesday 14th of September

Good morning folks! I hope you’re well!

Just got back from a nice little run up a park / hill in the middle of the city (Mont Royal) and I’ll admit, the view is rather nice from the top! I’ve missed this city!

That being said, something I haven’t missed is this time zone for taking trades. Being brilliant I put an alarm clock at 1am to take a trade on CHF/JPY.

Turns out when I woke up I forgot to press buy, it had be sized and the stop location had been clearly stated just didn’t press the buy button…. I’m useless between midnight and 6am ahah

Trade Update

CHF/JPY long x2

Luckily enough when I woke up I was able to notice it rather quickly so I got to take my trade with only 4 pips difference from the original entry, which is bad but still acceptable so I pulled the trigger late. I did however keep the original stop sizing and target.

I also took a long “scale in” on the hourly time frame.

Only con with that trade was once again it was too late. This time zone is going to be an issue if it keeps happening.

GBP/CAD Short – 2R

Not sure if I covered this yesterday but I got taken out due to the spread on my 2 positions for GBP/CAD sadly. Will be increasing the size of my stops over the weekend from now on.

  • Watchlist

EUR/CHF

I’ll keep my eyes on Euro Swiss, it may turn into a potential set-up if CHF/JPY doesn’t play out so let’s be patient and have a seat!

EUR/GBP

Euro Pound is currently moving towards an area of interest let’s see what happens once we reach it

GBP/AUD

Pound Aussie is moving back towards its recent highs which created an area of supply so let’s see what happens when we reach those levels

Friday 10th of September

Good morning folks! I hope you’re well!

I’ll admit, I actually wrote Vendredi rather than Friday, shit I must be thinking in French these days and I’m flying out to Canada tomorrow…

Which also means expect these daily watchlist at a different time! Unsure if I’ll do them in the am or pm.

With that said, I took 2 trades so I have to talk about them

Trade Update

GBP/CAD Short x2

While I did mention that I wasn’t the biggest fan of Pound Canadian in my watchlist I did end up executing it due to the clarity of the move, we had a strong impulsive leg higher followed by a clear reversal on the 4hour which gave me a valid script entry.

Once I took the 4hour position I was then presented with the opportunity to take a 1hour scale in – which is something I did. I nearly didn’t take it due to the fact I’m not the biggest fan of this area of supply – however I decided to execute it since the R:R was clear and this is an area of supply even tho it’s not the cleanest

Anyway enough talk about what I did let’s look at the opportunity

FX Watchlist

CHF/JPY

Swiss Yen remains on my watch for a potential long play, just need to see it drop into the area of demand

This is by far the closest opportunity for today and yet it’s still far away so I’ll keep it at this, let’s see how this week closes eh!

Tuesday 7th of September

Good morning folks! I hope you’re well!

Let’s dive straight into my watchlist πŸ™‚

FX Watchlist

EUR/GBP

Euro Pound is interesting, we’re basically moving sideways for quite a while now we’re “stuck” between areas of supply and an area of demand. If the price moves higher into the area of supply we’ll also have a clear area of entry (on the weekly there’s a stack but it requires two weekly candles to get a stack)

GBP/NZD

Pound Kiwi is interesting however we’re already seeing some deceleration so it may reverse before reaching our area of demand. While there isn’t a weekly stack there’s a monthly stack so all is good

We’re interested in other pairs as well, but nothing seems close to be interesting – let’s be patient

Monday 6th of September

Good morning folks! I hope you’ve had an amazing weekend! For those who enjoy watching the Formula 1 – what a race eh! Really enjoyed that track even tho there wasn’t too many overtakes

Anyway, enough talk!

Trade Update

EUR/NZD -0.6R

I was late to the entry this Friday morning (I only noticed it while going through my watchlist to check I wasn’t missing anything for my daily post and it was already running in the negative so I was able to enter later but for the same sizing as I would have originally, which reduced my loss.

Even tho it ended up being a loss, I am still happy I executed the trade according to my plan! If anything, I’m sad I didn’t take it at the correct time even tho that would’ve meant a bigger loss!

EUR/AUD

Euro Aussie is a trade I took this morning after waking up (the trade took place at 3am, but no worries to be had, the price hadn’t moved)

I’m not the biggest fan of using candles that took place Sunday / Monday night for an entry signal however the daily and weekly stack is obvious so not taking this trade would’ve been wrong.

It’s all about a consistency of execution let’s not forget that, in my backtest I don’t look at which day it is so why should I care in my live trading!

You’ll probably notice I also have the daily 200EMA shown, I know I don’t usually trade with EMAs and all but spending more and more time trading crypto made me do it!

I like this trade, so let’s be patient and see how it plays out! We may even get an hourly scale in

Anyway…

FX Watchlist

GBP/NZD

Pound Kiwi is getting closer and closer to the area of demand so I’ll mention it early to make sure we don’t forget it!

EUR/GBP

Since we’re mentioning GN might as well mention Euro Pound

That’s it for today, I doubt they’ll provide us with an entry but at least there’s that!

I have a few more pairs on watch for the rest of the week as well!

Friday 3rd of September

Good morning folks! Hope you’re having a fantastic day and have a few exciting plans for this weekend!

I am currently in the process of transferring my personal account from a European based entity to one in the Seychelles to have access to more leverage (the issue with leverage is that it stopped me from taking a few scale ins which would’ve netted a rather large profit over the last few days).

That means I’m not able to take trades in my personal account for a week or so, only in my investors account so that’s fine – I’m not too worried about that and it looks like we could have a busy second half of September so I’m remaining on my toes!

Anyway, enough talk, let’s share the watchlist

FX Watchlist

AUD/JPY

Aussie Yen is on my watch for a potential trade – while it’s providing us a rather nice set-up on the daily chart, I’m not the biggest fan of the 4hour price action, the move to the zone has been slanted so I’ll be staying out of this trade if we get an entry.

While I’m slightly angry at myself for missing the long trade, that’s part of life, there’s not much I can do about it sadly – just have to accept it and keep moving.

EUR/AUD

Euro Aussie is also on my watchlist, we’ve just reached the area of demand so that’s quite fun! Let’s see what happens from there on.

I’m currently not the biggest fan of the price action, it was a bit too slow, however, if we see a clear move lower to reach the TL and then a script entry – I’d be willing to take the trade since it would require a clear push lower.

Holy Shitttttt

Trade Update

EUR/NZD

While going through my pairs to make sure I wasn’t missing anything on my watchlist I saw EUR’NZD had given a valid entry yesterday – I had disregarded it due to the amount of time the price had gone sideways over the last couple of days but this had a clear push lower before giving an entry…

We have a clear weekly stack, a clear daily counter zone, you can argue that the 4hour is quite slanted, but in my view it’s more in the shape of a staircase, impulse correction x3 and we are currently either in a correction or the price will bounce back up (oh and the 1hour formed a double bottom)

Only time will tell

Thursday 2nd of September

Good morning folks!

I have to say, yesterday was rather a nice day after closing three trades for their profit targets, I was also able to secure some profits on my crypto investments and I am running some profit on my crypto trades as well.

Things are coming back to normal, we just had to keep working through the downturn and never give up.

Anyway, with that said, I have another update:

Trade Update

EUR/AUD +3R

Euro Aussie reached my TP for 3R as well, I didn’t take a one hour scale in (read that as I couldn’t due to margin requirements in my personal accounts) or a 4hour scale in since it would’ve required an extremely large stop.

I am happy I executed this trade according to my plan!

This has been rather recomforting, I was in a rather large drawdown I’ll be the first to admit so going back above the water line is enjoyable, but let’s keep in mind I had no control in making this a winning trade. My focus needs to remain on the process I follow to enter and exit trades. Nothing else!

Enough said about EUR/AUD for now, let’s dive into the small watchlist I ahve for today!

FX Watchlist

AUD/JPY

Aussie Yen remains interesting as mentioned yesterday, we are now hovering (we actually just touched) the area of supply and the daily 50EMA, so let’s see if we get a reversal or not.

If a script entry shows itself you’ll be able to find me in that position πŸ™‚ There’s everything I need to see, a clear weekly, a clear daily, a clear 4hour.

EUR/AUD

Euro Aussie is also on my watch for a potential long play, yep even tho I literally got taken out of my short less than 3hours ago I have already switched my bias! Never get attached to your positions!

Starting from the weekly chart we’ve seen a valid area to stack our bias from, on the daily we have a clear counter zone (which led to a move that broke the high made the 2nd of august)

We also see the daily 50 which has served rather well in past tests as well as a potential phase line we can draw.

All in all, it’s good to be ready to switch bias!

That’s it for today folks!

Have a good one!

Wednesday 1st of September (3 closed trades)

Good morning!! Crazy it’s already September eh!

Anyway, let’s have a look at where we stand since we’re at the beginning of the month.

Trade Update

AUD/CAD: +2.7R

I have been taken out of this position – however, I have realized only now that the R:R tool was set for 2.76R rather than 3R, not too sure how that happened, I’ll admit so it slightly screwed my R, but I won’t be complaining about 0.3R as long as it’s a winning trade πŸ™‚

P.S. This is a trade from my private capital, not investor capital – it had been closed for BE on those accounts

USD/JPY: +3R

As I was writing this, dollar Yen reached my TP for 3R – which I am very grateful for as you can probably imagine πŸ™‚

Sadly, my 1hour scale in had been taken out for a loss by 3/4 pips, this would’ve been a huge trade otherwise, but let’s be happy about this 3R anyway

GBP/JPY: +3R

As I was writing about USD/JPY GJ also reached my profit target for 3R, sadly I wasn’t in the 1hour scale in due to leverage requirements, but that’s fine by me, it’s a very pretty trade and I’m glad I executed it when the opportunity showed itself

I should keep writing about my wins apparently, it attracts more of them πŸ˜€

I am still short on EUR/AUD

FX Watchlist:

AUD/JPY

Aussie Yen is approaching an area of supply I’ve been keeping my eyes on – it is also extremely close to the daily 50EMA – the weekly 50EMA is slightly below, but it’ll be interesting to see if we have a move lower, that would signal it had been respected.

Let’s be patient and see what happens here

EUR/NZD

Since I mentioned Euro Kiwi yesterday it’d be strange if I didn’t mention it today, however I’m not super keen on it due to the amount of time we’ve spent moving sideways.

We are currently breaking out of the area of demand to test the trend line – let’s see what happens but I’m definitely not too excited or expecting of this opportunity

NZD/JPY

I feel like mentioning Kiwi Yen after talking about EN makes sense so here’s a chart, enjoy πŸ™‚

Tuesday 31st of August

Good morning folks! Let’s make sure we have an absolute blast of the last day of the month! One more month to go before th end of Q3 so let’s remain focus and focus on executing our plans as we should!

While I’m thinking of it, my AUD/NZD position just got closed.

Trade Recap


AUD/NZD -1 R

For those who remember, I’ve been in this position for quite a while now on my personal account, however I had closed this trade for BE on my investment accounts due to the drawdown I had found myself in.

I was able to maintain it open, but I’ll be the first one to admit, I’m surprised we weren’t tagged out sooner, the price had been hovering above our stop for quite a while now

Anyway, it’s part of the game, glad I stuck to my trading plan.

This leaves me long in AUD/CAD, USD/JPY, GBP/JPY and short EUR/AUD

FX Watchlist

I don’t really have much on watch for today, well I do, I have EUR/NZD

EUR/NZD

Euro Kiwi has reached an area of demand that has an incredibly clear weekly stack, we are approaching a trend line, all in all it’s a good set-up.

The only slight issue with it is that our set-up is in a clearly bearish weekly / monthly trend. That being said, we trade the direction of the daily so that’s not too much of an issue.

That’s the only pair I’m looking at for today!

Weekend learning: NFT

Oh and I also wanted to learn a few things about the crypto world – while I more or less understand the importance of currencies, DeFi, how staking works and what to look for I decided I wanted to get an understanding about NFT.

NFTs have been on my watch for quite a while but I’ve remained on the sidelines because:

a. I don’t know much of it

b. I think it’s just a game of the bigger fool (and we’re towards the top of this run)

c. Thought it was stupid

But having seen the amount of money being transacted in the space and the small amount of wallets linked to opensea I decided to give it a go, see how it felt, develop an understanding of projects, how to “mint” and NFT etc etc

Turns out I was right, I didn’t know much – it’s actually quite a smooth process, just need to find a project you like and “mint” an NFT or purchase one.

However, it requires insanely high “gas” fees to be able to do so. That’s because it’s based on the ETH blockchain – it costs around 50 to 100$ just to be able to buy an image and the same amount to sell the image (more if it’s your first time)

That made me quickly understand two things:

  1. NFTs are great, but it’s doubtful they’ll remain on ETH for long if the gas fees remain this high, you’d be burning around 100$ each image you want to flip

2. SOL is going to keep gaining traction, the potential for NFTs to be help there where transactions are faster and cheaper is interesting – I’m glad I own a few SOL

While doing this NFT was more expensive than I expected (due to gas fees) I’ll admit it was interesting to do it, taught me a lot about the process, reassured my views on ETH / BTC / SOL

I believe there’s a future where NFTs will become even more common for art than they are today. That being said, I don’t think it’ll look like this dirty bear I got πŸ˜€

There’s a future that’s for sure, but I doubt it’ll be about hype, I think the next few waves of NFTs will be real art – I hope so at least