EUR/AUD short from the weekly

Hi guys, I have compressed the weekly chart to make the reversal bars on the weekly look as if it was a PB. When looking at the conversion, you will notice why I have taken the trade, no hesitation, the only downside is that I may end up holding the position weeks or possibly a few months. No problem with that, I still may trade eur or aud pair s/t talking.

USD/CHF, RE-ENTERING SHORT ON PB D

USD/CHF LOSS, THE IMPORTANCE OF FTA

Hi guys, I have taken a loss as i didnt move to BE before my FTA (in black ) was hit. What I have also taken out of this trade is another valuable lesson I would like to share with you. I have now redrawn the FTA in red, cause after looking at the chart I dont think such a tiny BEOB if compared with the last one formed would have given me much edge nor confidence to rely on that FTA (in black ) being my FTA. No in retrospective I ee how the real FTA was the one in red, which makes sense and I totally ignored it. If I didnt, well I would have given a try to the setup but without any losses. Hope that was clear.

SHORT USD/CHF

I entered the trade yesterday, I am in having some profits already made.. Still ahvent moved my levels.

EUR/JPY closed for 50% profirs, rest at BE

I think the picture sums up pretty goos how things went. my FTA got hit, took 50% off the table and moved to BE. Unfortunateñy, the market opened with a large downgap that took my out of the position...

EUR/JPY long

I went long based on the PB H4 rejecting a clear hot area. I have taken 50% profits t the area marked. My SL is still not at BE as I want to give the trade some breathing space to culminate the rise towards 115.50, final trget.

BEOB EUR/USD

Took place at nice level, no much traffic congestion till 1.4050, PA confirmed the entry. I have taken some profits at FTA.

AGAIN, NO TRADES TAKEN

I have missed sime great set-ups though... I am about to invest more time into fx after 2-3 weeks...

NO TRADES TAKEN THIS WEEK

I would like you to know that over the past 2 weeks have been involved in other projects, not being able to focus too much on my trading. Hopefully next week will get back on track. Markets have been pretty choppy anyway, not great opportunites unfolded on the daily, that the only chart have been looking at lst week.

Regards,

Ivan

WEEKLY ACCOUNT SUMMARY - Lost 1.90%

LOSING TRADE, GBP/USD PB D

The big market flows are clearly USD-negative and it was unwise to try and fight these flows I guess. The area where it formed was good though and we had space to run to FTA. Those were the pros. The main cons were PB want that large, didnt close bearish and had to fight strong uptrend. To sum up, not feeling especially proud of the trade taken. Lost 2%.

GBP/USD SHORT ON PB D

First trade of the week. Will keep you update it as we move frwd. My order got filled throught the Asian trade after having a 4/5 pips buffer. FTA will take off the table 50% if price ever reaches there. The remaining will hope for a runner to final target. Stay tune traders!