Not a great deal to report from today. I was looking for a long on Kiwi after some volume appeared on the hourly chart but I didn't get an entry. Looks like it could be in an accumulation phase as it's moving sideways in a narrow range. A move to the long side looks as though it could happen.

There aren't many news announcements this week so it should be good to see how the week plays out without the smart money catching stops on news announcements.

Cheers,

KFT
Ended the week on a high note with a buy on Loony for 27 pips therefore adding another 3% to my account. I waited until after the NFP announcement today to take any positions due to the volatility of this announcement.

Screenshots below;

Trade 10 - USD/CAD (Loony) - Buy @ 0.9859 -  Closed @ 0.9886 = +27


Loony 1hr


Loony 20min

As mentioned above, this trade added a further 3% to my account. Bringing the total amount for the week to 5.1%. Very happy with this week, despite the confidence issues I talked about previously.

On to next week,

Cheers,

KFT
There was plenty of movement today. Unfortunately whilst I was able to call which way the market was going to move, i didn't get my entry (no demand or no supply) on the 20min charts. Had the button ready to be pressed on two occasions but the bar closed differently to how I wanted. I was looking to short Swissy and buy Kiwi but unfortunately didn't happen. Only for the charts to move 50 odd pips the way i thought :)

Couple of news announcements tomorrow so we'll see what that gives us.

Cheers,

KFT
Really have to sort out a few confidence issues. Placed an order for a buy on Swissy today but cancelled it before it triggered. (sounding very familiar now) It hit what my profit would have been about an hour and a half later. Just gotta do my own thing and trust my own analysis. Looking at it now, it's a good trade. Anyway, the set up was as follows;


Swissy 1hr


Swissy 20min


Had one trade today as well. A sell on Cable. Made a small profit but I think this may have been more by luck than judgement. Saw high volume on an up bar on the hourly chart but due to the close of the bar this could be buying. Waited for the No Demand on the 20min and closed it just before a news announcement at 3pm for 3 pips.

Trade 9 - GBP/USD (Cable) - Sell @ 1.6096 -  Closed @ 1.6093 = +3

Cable 1hr

Cable 20min