Archive | June, 2013

26th June 2013: AUDCHF Party finally over. +762 pips / +9.9R

June 28, 2013

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I’ve written enough about this AUDCHF trade in recent posts however it finally came to an end on Wednesday when my Trailing Stop Loss was hit during the early afternoon. As predicted in my last post the move below the double bottom at 8650 turned into a stop-loss hunting trap and price  started to drift […]

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21st June 2013: Still short AUDCHF – +709/+9.2R locked in. Never fight the STAM!

June 21, 2013

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“Jip Jaap Stam is a big Dutch-man, get past him if you think you can, try a trick and he’ll make you look a dick, Jip Jaap, Jaap Stam!” So they would sing on the Old Trafford terraces about their love for the strong, uncompromising dutch central defender (and one of my favourites): Jaap Stam […]

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12 June 2013: AUDCHF Day 20: Still in but is the party over?

June 12, 2013

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Quick update on this previous AUDCHF short trade. We’re on Day 20 of the trade. Price has still been heading south but after a couple of daily pin bars and a look at the 4 hour chart as well as some price action across the AUD in general I suspect this particular party is coming […]

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7th June 2013: AUDCHF Short. 17 Days in and the move goes on.

June 7, 2013

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A quick post on a trade that’s been running for approx 17 days now. I went Short AUDCHF back on the 16th May.  AUDCHF was in a STAM 1 Selling environment and when an entry was offered, I took it.  As can often be the case the trade, whilst positive was not going anywhere fast […]

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