Failed Breakout

Jul 14, 2018

No explanation required. DXY TLT S6_F USDJPY EURUSD

Jul 14, 2018

Note

Minimum target is the 38.2% retracement which happens to be very close to the 2017 close of 0.9744.

Jul 14, 2018

Note

Previous UCHF Short to Year Pivot

Jul 16, 2018

Note

200 D and 200 W SMA in the same area as the 38.2% retracement.

Jul 16, 2018

Note

Hanging around that ascending cyan channel midline toward the end of the day today... We may crawl up it then dive more but I am holding onto this trade until 9750.
My stop is placed at the recent high on Friday.

Jul 18, 2018

Note

Added a little more short

Jul 30, 2018

Note

Channel finally broken today. CHF is very strong against USD this week right away. 2017 close target remains.

Aug 21, 2018

Note

Still holding onto this baby. I have about 8 lots at this point short with an average price near 1.0000. Targets remain.

If EURUSD chooses to go higher, this is the prime target for shorts.

Aug 21, 2018

Note

I will close half at 0.9835 at the year pivot (thick cyan line in main chart window).

Aug 22, 2018

Trade closed: target reached

Dumped half position.

Aug 22, 2018

Note

The 2017 close is the target @ 0.9750.

Aug 22, 2018

Note

First profit point was about 170 pips. Nice day. Took forever though.

Aug 28, 2018

Note

Moved stop down to today's high @ 0.9810. We are at a cluster of support here near the 2017 close of 0.9745.

Aug 28, 2018

Trade closed: target reached

All out on second half + 250 pips about. Finally done babysitting this thing.