zanurreload Trading Journal

Posts: 9575 · #901 - June 02, 2020, 11:36:42 PM

on this occasion I want to update my trading plan in the EURUSD pair again. Previously, I would like to inform you that to open a short position that I did in the EURUSD pair on the previous day, I had stopped loss. Well, for today, I am back to trying to open a EURUSD sell position at the price that is currently being run with a risk of around 10%. The reason I open short positions is because I see that the current EURUSD is already saturated up, this can be seen from the divergent signal that appears on TF D1. For this time I use RR 1: 1 with SL and TP of 100 pips each.

Posts: 9575 · #902 - June 04, 2020, 12:39:15 AM

Quote from: zanurreload on June 02, 2020, 11:36:42 PM

on this occasion I want to update my trading plan in the EURUSD pair again. Previously, I would like to inform you that to open a short position that I did in the EURUSD pair on the previous day, I had stopped loss.

as I wrote yesterday that for EURUSD I open short positions around the price of 1.11706 on the grounds that there is a divergent signal on TF H1. However, as we saw yesterday it turns out that EURUSD continues to rise but fortunately my stop loss was not hit. Well, for now, I am still plotting a loss of $ 41 and I will leave it to SL and TP to what extent will be touched. But if I see a pattern it is possible to go down because I see EURUSD is rather saturated to go up.

Posts: 9575 · #903 - July 01, 2020, 06:47:19 AM

for today I want to analyze a little bit about the EURUSD pair, and this time I went straight to Time Frime H1. If we look at Tf H1 for now the EURUSD is seen rising even here it is clearly seen that yesterday the EURUSD successfully broke the resistance at 1.12510. With this resistance broken then in price action it is likely that the EURUSD will go to the next resistance area which is the resistance at 1.12866. But this time I will not take a buy opportunity but will look for a sell opportunity by waiting for the EURUSD to advance to the supply area at the price of 1.12734. In my opinion it is likely that the supply area will be able to block the movement of EURUSD to keep going up and down again. For stop loss I place it above the resistance area around the price of 1.12910 while for the take profit I put it around the price of 1.12192.

#904 - **Today** at 06:51:02 PM

Posts: 9575 · #904 - July 02, 2020, 02:34:49 AM

If we look technically at TF H1 the trend of GBPUSD has changed to bullish. But if we directly make an entry buy now I think the risk is quite a lot because if the GBPUSD goes down then it will catch up to the demand area around the price of 1.24095. Therefore, in my opinion, if we want to open a buy position on this pair, we should wait for it to experience a correction to the demand area around the price of 1.24095, because if he goes down there and we take the opportunity to buy, the risk will be smaller, namely by placing a stop loss below the demand area around the price of 1.23672, while for take profit we can put it around the price of 1.24687.

Posts: 9575 · #905 - July 02, 2020, 11:35:54 PM

After failing to break the resistance at 1.12540, we saw last night the GBPUSD went down right away and now the price is already at 1.2465. With the fall in the GBPUSD I see there is an interesting thing that happened on TF H1 where he managed to penetrate the support at the price of 1.2459. With the penetration of this support then in theory the possibility of GBPUSD will go to the next support. Therefore, in my opinion for today, the sell options on GBPUSD seem more feasible for us to consider. The scenario that we can do is the first we can directly open a sell position on GBPUSD at the price that is currently running, or it can also wait for a correction to the supply area around the price of 1.24980. For the target we can put it around the price of 1.24074 while for the stop loss we can put it above the resistance area around the price of 1.25346.

Posts: 9575 · #906 - July 09, 2020, 01:24:44 AM

If we look at TF H1, USDCAD is currently in a downtrend and it has managed to break through significant support around the price of 1.35224. In theory, if there are supporters who are broken then the next target is likely to go to the next support area. But if we immediately open sell positions now I think it is rather risky because the location of the stop loss is quite far. Therefore we should wait for him to experience a correction and then we open short positions. A good area to open short positions according to me here is if he has a correction to the supply area that is around the price of 1.35308. For stop loss we can put it around the price of 1.35580 while for take profit we can put it around the price of 1.34840

Posts: 150 · #907 - July 09, 2020, 01:39:12 PM

Thanks for the wonderful analysis for USD Canadian sir, and i do agree with you that this pair still in berish trend so the good opportunity is selling usdcad.

Posts: 9575 · #908 - July 09, 2020, 11:47:54 PM

today I am trying to open a EURUSD sell position at the current price which is running with a stop loss around the price of 1.0623 and take profit at the price of 1.0596

Posts: 9575 · #909 - July 09, 2020, 11:50:29 PM

Quote from: Neng87 on July 09, 2020, 01:39:12 PM

Thanks for the wonderful analysis for USD Canadian sir, and i do agree with you that this pair still in berish trend so the good opportunity is selling usdcad.

okay thank you for visiting my journal and for yesterday's USDCAD sell position was stopped and now I am trying to open a sell position again at USDCAD

Posts: 9575 · #910 - July 12, 2020, 12:24:35 AM

Yesterday I tried to open short positions on EURUSD, hopefully EURUSD will go down

#911 - **Today** at 06:51:02 PM

Posts: 9575 · #911 - July 12, 2020, 12:26:40 AM

I currently have 2 short positions in the GBPUSD pair with lots 0.50 and 0.20, to take profit I put it at 1.2538

Posts: 9575 · #912 - July 12, 2020, 12:33:48 AM

On Friday I tried to open short positions on GBPJPY with a target around the price of 134.56

Posts: 9575 · #913 - July 12, 2020, 12:36:32 AM

For Monday I plan to open long positions on USDJPY with a target around the price of 107.17

Posts: 9575 · #914 - July 12, 2020, 12:39:19 AM

For Gold I think there is a possibility that it will continue to fall, therefore I have a plan to sell, the target is at 1781.59

Posts: 1028 · #915 - July 15, 2020, 02:56:11 AM

good morning Mr. Zanu ,, I totally agree with your analysis on GOLD where the H4 timeframe has formed a top triplle pattern so the sell options are very relevant and a good choice.