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Creeping back up to top 10 again

AdamFx42 Postado 31 Mar em #Trader's blog #Usdjpy #Positions #Account Balance

A lot is depending on a bullish Usd, or at least a bounce in UsdJpy to secure my top 10 position now
I am long UsdJpy and short everything else against the dollar, still ..
I left my positions during yesterday and tonight and are hoping for a UsdJpy upmove
I am learning the hard way that the toughest thing for a trader is to not trade
I was nice and comfortable at position five last week, and should have waited for a perfect entry
Instead I felt that I was being kept out of the market somehow
wh…

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Bit of a drawdown again

AdamFx42 Postado 30 Mar em #Trader's blog #Drawdown #Retracement #Account Balance

I have been buying the latest dip in UsdJpy
I bought the dip in UsdJpy yesterday- but too soon
I got in at 112.75, looking for a retry of 113 again
At the same time I shorted the other majors against the dollar
looking for retracement after the moves up - again too soon
My account went down to 200K from 300K overnight
I am around 220K now and I will have to wait and see what happens ..

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Still some work to do next week

AdamFx42 Postado 26 Mar em #Trader's blog #Account Balance #JPY Positions

I have been able to close the week around 215K in the contest
I am around 20th place in the trader contest now
I still was able to leave 3 of the 5 positions open after market close
The Jpy crosses seem to be still recovering, and I am long
I will be looking to add again at market open
I am still targeting a top 5 position,
and I will need to increase my account balance to around 350K for that
Happy Easter! :-)

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Creeping back up towards top 10

AdamFx42 Postado 25 Mar em #Trader's blog #Contest #Position #Accumulation #Account Balance

I am slowly creeping back up in the contest
My GbpJpy and EurJpy, AudJpy, NzdJpy and CadJpy longs are holding slightly bullish
Technicals look good for a Jpy weakening
I am hoping that I can gather a few more pips before market close
then I will still have a whole week to achieve my goal:
a top 5 position this month
have a great weekend all

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Going a little better now

AdamFx42 Postado 24 Mar em #Trader's blog #Account Balance #JPY Short

Eur and Gbp seem to be recovering a bit
This helps my long positions EurJpy and GbpJpy, traders are buying lows and crosses are up too
UsdJpy is higher too, and EurJpy and GbpJpy usually follow this pair
Nzdjpy is doing better too, I also have a long there
my account is recovering to just below 200K after a drawdown to 100K from 320K
I will have to size up and close positions tomorrow though, before market shuts and leverage cut
I am looking to close at the most profitable levels
gl all

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AdamFx42's Blog

Creeping back up to top 10 again

Bit of a drawdown again

Still some work to do next week

Creeping back up towards top 10

Going a little better now