Tag Archives: FTR

Paper trade: Short AUDCAD @ 0.9583, Stop 0.9670

By Paul | Published: January 11, 2010
Gold price made a 15 point jump over the weekend to 1160 and is consolidating now (Fig. 1).  Crude oil tested 84 and is back down to just above 83 now.  Yet, AUDCAD is still struggling to break above 9600 (Fig. 2).  You would have thought that AUDCAD should mustered enough momentum to break above [...]
Posted in Aussie, Kiwi, Loonie | Also tagged AUD, CAD, entry, paper trade | Leave a comment

Paper trade: Short AUD/JPY @ 84.53, Stop 85.00

By Paul | Published: January 4, 2010
I haven’t done one of these trade analysis post for weeks.  So I thought I’ll start the year on this promising long term (more than a week) trade on one of my favourite currency pairs, AUD/JPY.  This entry on shorting AUD/JPY is executed according to my Forex Trend Reversal (FTR) setup.  Figure 1 shows the [...]
Posted in Aussie, Kiwi, Loonie | Also tagged AUD, entry, JPY, paper trade, short | Leave a comment

AUDJPY Short 81.37/77.17: Anatomy of my first 400+ pips trade

By Paul | Published: November 26, 2009
420 pips in my demo account to be exact.  Still, I feel very lucky. In this post, I will review why I entered this position, why I added to it, and why I exited.  The goal is for myself to learn from what works and what can I do to improve on this trade given [...]
Posted in Aussie, Kiwi, Loonie, Self Assessment, Trading Signal, Trading Strategy | Also tagged AUD, entry, exit, good trade, JPY, paper trade, short | Leave a comment