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AdamFx42's Blog

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Pushing a top 3 positions after market opens

AdamFx42 Posted 11 Giu  in #Trader's blog #NZD Longs #AUD Longs #Top3 Contest
I was in the top 3 of the trader contest -3rd - just now

I am long again Nzd and Aud crosses since market opened again
300K is the target to break for me now, and I hope to hold on to my Aud and Nzd longs
until I can secure a permanent or stabler position in the top 3 of the contest
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It is really tiring to trade sometimes

AdamFx42 Posted 5 Ott  in #Trader's blog #Stuck #NZD Longs #Bored
Sometimes trading is boring and frustrating
I have been stuck with my Nzd longs since market open on Monday morning
and I am not making a profit
I can't survive the weekend leverage but I can't close my positions, either
which is really frustrating
I would have liked to have been able to trade some more
but a trader cannot let go of his belief and chosen trades, no matter what
So, I stay in and await the outcome
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Rollercoaster ride for my NZD positions

AdamFx42 Posted 4 Ott  in #Trader's blog #NZD Longs #Up And Down Today
I had a roller-coaster ride with my positions today
My NzdUsd and NzdChf longs were doing well today
I was up to 140K and I added NzdJpy and NzdCad longs
Then suddenly everything went sour after bad NZ GDT auction results
I was stopped out - left with 45K
I am long NzdUsd again now at 0.72 - the last technical support for the pair
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This week may show me the way

AdamFx42 Posted 16 Ago  in #Trader's blog #NZD Longs #USD Uncertain #Last Chance This Month
Things have become pretty tight now this month:
My plan to buy Nzd may have to move to next months contest
Depending on market action the coming two weeks
I will need some good action upward in Nzd
To end anywhere near a top ten position at the end of this month
Continuing Usd strength is not helping my case either,
It is slowing down the recovery of all other majors and minors
That are technically and fundamentally way overdue for a correction
I would think it will take some easing of current g…
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ANABEVZ avatar
ANABEVZ 16 Ago

Very well!

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Holding longs NZD against the odds

AdamFx42 Posted 6 Ago  in #Trader's blog #NZD Longs #Data Yesterday #Technical And Fundamental Picture
After getting hit hard yesterday with my Nzd longs and losing more than half my bankroll
I decided to get back in the market with a long Nzd/Usd
After the data release yesterday - the Nz unemployment change - the market hit the Nzd too hard
The most important release was a good number, but the market already had it in for Nzd: why?
The answer lies in the technical analysis
and the fact that NZ has struggled with dairy prices lately;
the milk export is not good and coupled with the fast downward …
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