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Friday, September 14, 2012

20120914-1

6B
Open:
1st: Long 2 @ 1.6212. 15m TC18, willing to buy the 30m and the 60m TC18. Next add in 8 contracts 13 ticks below. Targets 10 ticks and 100 ticks or position trail. 
2nd: Long 8 @ 1.6198. 30m TC18. 10 ticks stop loss, max risk $800. First target 8 contracts at +10 ticks, position trail the remaining 2 contracts.

Close:
1st: Sell 4 @ 1.6203. +5 ticks from add-in, it had a little bounce after news, but was 2 ticks short of the first target, decided to take 4 contracts off to reduce the risk. 8 ticks heat.
Moved the first target to +5 ticks from +10 ticks after 2 ticks from being stopped out. Also placed an order 4 contracts at 60m TC18, 9 ticks below stop loss.
2nd: Sell 4 @ 1.6203. Revised target hit, stop loss moved to 2 ticks below swing low, target moved to +10 ticks from original entry. 
3rd: Sell 1 @ 1.6218. It came up to the 50% retracement and moved back down, moved 1 of the 2 remaining contracts to that price. Position trailing the last contract using the 5m chart, 5 ticks below swing lows. Target 76.4% retracement just because it's the weakest currency, otherwise no target.  
4rd: Sell 1 @ 1.6232. Target hit, a whoosh up. 2 ticks from being stopped out.

10 contracts $412.50 gross, $340.10 net.

20120913-2

GC
Open:
Long 2 @ 1756.8. Gold Rush, order was at 1756.4, 4 ticks slippage. 40 ticks target or exit on volume spike on the first half, and 200 ticks target or trail on the second half.

Close:
1st: Sell 1 @ 1753.7. Stopped out, 1 tick slippage.
2nd: Sell 1 @ 1753.6. Stopped out, 2 ticks slippage.
Didn't take the next gold rush trade, was scared, down on the day, didn't want to take more risks, that trade would've worked out very well. 

2 contracts -$630 gross, -$643.88 net.


20120913-1

GC
Open:
Long 2 @ 1742.0. Gold Rush, FOMC news, order was at 1738.6, 34 ticks slippage. First target 40 ticks, second target 200 ticks or trail, trying to move the first target and exit it on a volume spike.

Close:
1st:Sell 1 @ 1746.0. Automated target hit, the price was moving too fast for me to change it and exit on a volume spike. Stop loss moved to the entry price at 1742.0.
2nd: Sell 1 @ 1741.7. Stopped out, 3 ticks slippage. Was trying to hang on to it a little longer, but it came back and retraced 50%, should've bought more in the CFD account.

2 contracts $370 gross, $356.12 net.