What a day for EUR/JPY. It has been going up for 8 hours continuously. There were times that I felt ‘It is enough, it is going to pull back’ , but no. It just kept moving up. I decided to close my Long position with +5.78 R profit. I traded AUD/USD as well, stopped with -0.85 R.

End the day with +4.93 R. EUR/JPY should continue moving up during U.S session, I guess. But, it is 1:15am in Melbourne, Australia, I decide to close my day trade position and rest. I can’t complain too much with a day like this 🙂

Here is the chart of EUR/JPY. I really have no idea what is moving the market.

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It was pretty dull throughout Asian and U.K session. Things started to pick up at the end of hour before U.S market opened.  I made a quick trade before went off to bed. Long EUR/USD. End the day with +0.79 R. I have been observing if it is worth to stay up for U.S session. It is pretty tough for me at the moment. Most of time feeling tired and sleepy during this hour. I certainly do not want to trade under such condition. Let’s see, work is still in progress.

Aussie dollar is just way too strong. I thought it was going to be a down day. Well, at least to be flat. But it did not. It is firing towards 0.88 level.

Another bad and dull day. I made 3 trades, 3 losers. I traded CAD/JPY and EUR/JPY(twice).  Though the Rs are smaller than normal, it just doesn’t feel good to have 2 losing days in a row, well, just a little bit of  psychological effect. Anyway, I should admit that I made mistakes for the first 2 trades where I just couldn’t resist to put on the trades even though it was public holiday in Japan where the Asian morning was just dull and quiet. I gave myself some silly excuses to trade.  Anyway, get over it.  Today is a brand new day. I still have the view that Dollar is likely to rebound soon though.

Stocks trading, I established Long position of DXL. I am still playing with Materials sector at the moment. Let’s see how it goes.

We had a strong week for Aussie. We are likely to test 0.88 area again. But before that, I expect some pull backs before it continues its bullish run , or in other words, rebound of USD for the coming week. Let’s see how it goes.

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Not a great day. I took 4 long trades in AUD/USD, EUR/USD, NZD/USD and CAD/JPY.  End the day with -0.75 R loss. In fact, at the point of writing, I saw another long opportunity of Aussie dollar, but I decided to call it a day. I see a tendency of over trade today.

After reading an interview of Toni Hansen at stocktickr’s blog. I start keeping detailed journal again. Yup, I admit I have been sluggish in this area. Most of the time, I am just keeping an excel spreadsheet for all my trades with little comment.  Now I am pulling out charts of my trades and give a little more descriptive comments for each trade.

I will be doing some Aussie stocks swing trade preparation again over the weekend.

Have a good weekend everyone.