Thread: SolomonFX Trade Journal (The Eye Of Solomon)

I will be seeing the stocks market closely this week for indiions of stalling risk appetite.

If risk appetite stalls, a re-test of several support amounts from the EUR/USD cannot be ruled out.

This is a chart of the SP 500 Futures.

Getting ready for the trading week. Will be commencing trading.

Regards

Jeremy

Several notes to prepare for the trading week.

As always I let price action dictate my transactions. Trending Momentum...

I Am with you, Goal 1.3120

As usual, Really Wonderful chart

had a sense I must have exited this position before 10AM. Hind sight is. .

Not interested in carrying another trade this late in the game#8230;

Walking away before London Open tomorrow.

Can't Maintain a Fantastic EURO down Jamie Coleman

Took out a lot of stops on this Movement mine included.

Waiting for London Open and the dust to settle. As I compose EUR/USD is struggling to gain a footing above 1.3250-60.

Next resistance in 1.3290-1.3300

Notes before Tuesday Trading...

Regards

Jeremy

Second Trade of This week. Had a nice bearish breakout set up and all signs were pointing downward. On the daily chart price has been not able to sustain a break with momentum over the 100EMA. This opens up several more downside support zones.

A few notes on the daily EUR/USD chart.

That is my upgraded view of this EUR/USD.

I currently don't have a clear BIAS. I believe it is possible we will re-test 1.3000 particularly if risk aversion is a dominant force moving into next week. Equities are looking like a correction might be arriving which should push the EUR/USD reduced with eyes set on 1.3000.

As consistently price action dictates my trades.

Took a short trade just after mid-night EST time. Price had a nice bearish run London Open. Captured a bit over 50 pips on this bear run early this morning

We're now trading higher. Price broke 1.3300 key level. Looks like we might have a nice bull run in the creating. This week should prove interesting. On the daily EUR/USD chart price is trading well above the 100EMA.

Allowing the dust settle and walking off until London Open tomorrow to determine what opportunities present themselves.