SwingTrades LT (By Operez)

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SwingTrades LT Discussion

Aug 25, 2014 at 07:50
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2 Replies
Member Since Aug 22, 2014   4 posts
Sep 24, 2014 at 06:51
NEW TRADE : Short CAD/JPY at 98,285
TYPE : Swing – Overbought level
Maximun risk : -2,50%
Time frame signal : Daily

CAD/JPY made a high last days completely out of the upper Bollinger band. At same time the width of the bands widening at maximum and now it is starting to narrow. All this means to me that the market is swinging. As weekly chart presents downward vias on Momentum indicator, it is the confirmation that I will not trade against the main trend.
Initially stop loss is always set at a maximum loss of 2,50% of balance account. Then, day after day, the trailing stop will be rising to minimize possible losses.




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The Key : LongTerm so be patient
Member Since Aug 22, 2014   4 posts
Oct 10, 2014 at 15:54
TRADE UPDATE: Short CAD/JPY at 98,285
TYPE : Swing – Overbought level
Maximun risk : -2,50%
Time frame signal : Daily

CAD/JPY is winning 190 pips in 13 days. Objetive is the lower Bollinger Band. The majority of profitable trades reach his objetive price in two impulses. Very few trades reach it directly in just one impulse, we are now in the second impulse. Weekly chart still show downward vias on Momentum indicator so we are in tune with the main trend. Let us see if can reach objective in 1 or 2 days more.
Initially stop loss is always set at a maximum loss of 2,50% of balance account. Then, day after day, the trailing stop will be rising to minimize possible losses. Maximum we can loss now is -0.61%.








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The Key : LongTerm so be patient
Member Since Aug 22, 2014   4 posts
Oct 15, 2014 at 10:11
CURRENCIES ADDED

Dear followers, from november 2014 SwingTrades LT will start to work with the following currencies : CZK, HUF, MXN, PLN, ZAR.

I hope the 5 new currencies added will give us a bit more of signals and posibilities of increase total return.
The Key : LongTerm so be patient
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