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  1. #31
    Junior Member botsiq's Avatar
    Quote Originally Posted by Michael Hodges View Post
    That's actually a nice chart. If you follow up this post with some commentary on why you made the trade, how it turned out and a chart to go with it you'd be in the running for Trader of the Month. Just FYI, I like your diary name too.
    Thank you.
    Reason for PUT option:
    On the EURAUD 1H chart
    - Long term trend was bearish
    - Previous candle broke through the support line but retraced and closed below it.
    - Next candle opened bearish

    Outcome:
    LOSS
    http://imgur.com/5WPoU7l

    Overall had a good day today, think will call it a day at this point.

  2. #32
    Junior Member botsiq's Avatar

    Today's Trades !!!

    Today's trades so far:
    EURAUD 1H PUT
    1H Chart

    http://imgur.com/CzVg7ZA
    Reason:
    - Downtrend
    - Retracement coming up to hit resistance

    EURUSD 15M PUT
    5M Chart

    http://imgur.com/bauYb7M
    Reason:
    - Sideways channel in a downtrend
    - Hit the upper resistance line

    EURUSD 10M PUT (News)
    http://imgur.com/EiySLcR

    USDCAD 1H PUT
    5M Chart

    http://imgur.com/0sVndla (Ongoing but don't see it being OTM now)
    Reason:
    - Downtrend
    - Retraced back up to hit resistance
    Last edited by botsiq; Yesterday at 03:33 PM.

  3. #33
    Master Member Okane's Avatar
    Those are good trades! EUR USD was indeed falling below a daily support and trendline so it was a good choice going short.

    USDCAD was also good, now it seems to have started an uptrend (so long as it's above this line so keep an eye on it)

    http://prntscr.com/fxyzdh
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  4. #34
    Junior Member botsiq's Avatar
    Quote Originally Posted by Okane View Post
    Those are good trades! EUR USD was indeed falling below a daily support and trendline so it was a good choice going short.

    USDCAD was also good, now it seems to have started an uptrend (so long as it's above this line so keep an eye on it)

    http://prntscr.com/fxyzdh
    Damn. I opened up my charts too late. Seems like I missed a good opportunity. Waiting to see now if it breaks the support and continues down again or bounces back.


    Till then went into an USDCHF CALL trade for an hour

    Reason:
    - Uptrend
    - Previous candle closed above daily resistance (now support)
    - Two previous strong bullish candles
    Last edited by botsiq; Today at 11:29 AM.

  5. #35
    Junior Member botsiq's Avatar
    Quote Originally Posted by botsiq View Post
    Damn. I opened up my charts too late. Seems like I missed a good opportunity. Waiting to see now if it breaks the support and continues down again or bounces back.
    It finally broke free

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