Phantom's CDS Journal

[_Phantom_]

Tuesday, July 07, 2015

Morning workout - checked.
Mental prep - checked.
Pre market analysis - checked.
Mood check - Refreshing, calm and confident.

Trade 1: EURINR 3 min TS2 Sell.
Trend on 15TF was clearly down. So was looking for short setups.

Sold 4 lots @69.8550
1st scale out 1 lot @69.9000
Covered 3 lot at SL- 1 lot @69.9250 and 2 lots @69.9150

R= -1.02
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Trade 2: EURINR 5 min TS1 Sell.

Trend was still down. Refer 15TF chart above.
Shorted 4 lots @69.9775
1 scale out 2 lots @69.9800.
Remaining 2 lots were covered @69.8625 at close.

R= 1.02
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Trade 3: USDINR 3 min DP Sell off wave 5.

Shorted 14 lots @63.7200.
1st scale out 3 lots @63.7325

Covered 11 lots at SL @63.7375

R= -0.94
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Trade 4: Same as above. USDINR 3 min DP Sell off wave 5.

Shorted 14 lots @ 63.7225
1st scale out 3 lots @63.7250
2nd scale out 4 @63.7275

Covered 7 lots @63.7175 at close.

R= 0.03
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Total Trades: 4
Losers: 2
Winners: 2(Did not reach the target, exit at close)

 

[_Phantom_]

Wednesday, July 08, 2015

Morning workout - checked.
Mental prep - checked.
Pre market analysis - checked.
Mood check - Refreshing, calm and confident.

Trade 1: USDINR 3min TS3 Buy.

Trend on 15TF was clearly up. So was looking for long setups.

Bought 14 lots @63.7775
1st scale out 3 lots @63.7725
Covered 11 lots at target @63.8550

R= 3.42
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Trade 2: EURINR 3 min TS3 Buy.

Trend on 15 TF was clearly up. So was looking for Buy setups.

Bought 9 lots @70.2050
1st scale out 2 lots @70.1963
2nd scale out 3 lots @70.1875
Covered 4 lots at SL 270.1750

R= -0.77
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Trade 3: USDINR 5 min DP of wave 5 Sell.

Possible trend reversal. So was looking for short setups.

Sold 7 lots @63.8650
1st scale out 2 lots @63.8700
2nd scale out 2 lots @63.8750

Covered 3 lots as there were 2 consecutive closes above DP on 15TF which according to the system is a signal of Trend Continuation. Executed according to plan. Did not work as expected but it's important to trade the plan to sustain in Long Run. 3 lots @63.8825

R= -0.36
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Total Trades: 3
Winners: 1
Losers: 2

 

[_Phantom_]

Thursday, July 09, 2015

Morning workout - checked.
Mental prep - checked.
Pre market analysis - checked.
Mood check - Refreshing, calm and confident.

Trade 1: USDINR 3 min DP Buy.
Price was at 15TF DP support, so was looking to go long.

Bought 14 lots @63.7275
1st scale out 3 lots @63.7225
2nd scale out 4 lots @63.7150
Covered 7 lots at SL @63.7100

R= -0.77
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Trade 2: EURINR 3 min TS3 Sell.

Trend on 15TF was short as we can see on the chart. So was looking to short.

Sold 7 lots @70.3375
1st scale out 2 lots @70.3475
Target was 15min DP support initially. There was a volume spike at 3min DP support as seen on chart.
So trailed SL by bar high and got out @70.2425 5 lots.

R= 1.86
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Missed Trade: EURINR 3 min TS3 Sell.

Soon after previous trade, there was a chance to short again but was somewhat sluggish in placing order as it was around 4pm and was a little bit exhausted. So did not get a fill as prices moved quickly.

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Total Trades: 2
Winner: 1
Loser: 1