Hendrik Trading journal

[HENDRIK]

IT'S SLOW AS THE MARKET AWAITS THE MEETING ON THURSDAY
I'M STILL IN CABLE
HOPEFULLY PIVOT WILL PROVIDE SUPPORT

the daily's histo is pulling upwards

I will ride this one and see whether it will continue on its upward path. Thus far the trade rendered 150 pips and it's now at 80+
currently it's in a consolidation phase and I'm looking for another rise

price bounced off the bottom triangular line, broke the 2nd on and is about to break the 3rd
now at 110+
It was up and down - back to the 70/80 pips, so after analysing the market decided to adjust the tp to 5670 which was taken for 117+ as it again turned short at 5675. Ja I left a couple of pips on the table by not taking 150 but it was a nice ride
tomorrow the market will most probaly make a move upwards if the german parliament vote for more money to be allocated to greece OR one may look for a short on a sustained break of the bottom rising trendline

[HENDRIK]

SHOOTING STAR ON H1
I've taken a short as price crossed the blue om M30 - 5665
sl 5689 tp set at 5575 for 90 pips

at 30 pips moved sl to b/e
pity I didn't catch this trade on M5 - would have scored another 30 pips

The ss rendered only 30 odd pips took my b/e sl

[HENDRIK]

I WAS BUSY AT THE WOOD LATHE -GREAT SATISFACTION BUT NOW I'M A BIT GATVOL
LOOKS LIKE WE HAVE RESTANCE AT R3 THREND IS UP AND I KNOW I MUST NOT GO AGAINST THE TREND, SO WHY DO IT? DON'T KNOW IT DRAWS ME LIKE MOTH TO CANDLE
NO CANDLES TO SPEAK OF EXCEPT A BEARISH ENGULFING AND OVERBOUGHT CONDITIONS

went short at 3770 SL 25 pips and I think pivot will provide support at 3626 for 144 pips
huh uh sl too small -25

[HENDRIK]

LET ME SPILL MY GUTS ABOUT DEMOCRACY - IT' QUICKLY TRANSFORMS TO A POWER STRUGGLE AND THE SO CALLED LEADERS DOESN'T GIVE A DAMN ABOUT THE ECONOMY AS LONG AS THE POLITICIANS CAN REMAIN IN POWER. THE WORLD ECONOMY WILL REMAIN IN A MESS AS LONG AS THERE IS A LACK OF LEADERSHIP, PROPER KNOWLEDGE AND A WILL TO GET THINGS RIGHT.
IT WOULD SEEM EURO REACHED RESISTANCE AT 3826
ENTERDED A SHORT AT 3799 AS IT MOVED THROUGH BLUE ON M5 WITH A TIGHT SL AT 3812 TP 3708
IT'S IN CONSOLIDATION RIGHT NOW. IF IT DOESN'T WANT TO MOVE SOUTH THEN THE SL WILL COVER IT

sl taken

[HENDRIK]

CABLE TREND IS UP
5729 PRESENTED SUPPORT - BULLISH HAMMER AT 11:00
ENTERED LONG ON M30 AS PRICE CROSSED BLUE

long at 5755 tsl of 20 tp 5850 being the next resistance
I wanted to delete the tsl but the software didn't allow that so I was stuck with the darn thing. Took my tsl for +6

[HENDRIK]

I WAS BUSY MAKING A CHEESE BOARD FOR THE GOOD LADY WHEN I WALKED PASS & SEE A NICE S/S OM M15 & M30

took a short as price crossed blue on M15 at 3842 sl 25 pips tp at pivot 3733

[HENDRIK]

TREND IS LONG
M15 3 INSIDE UP
FOUND SUPPORT AT 38215 A FEW BENEATH PIVOT

long at 3836 as it crossed blue & histo rose above signal sl 3829 tp 3950
I'm not impressed by the Zmacd on M5 - we might see some volatility

[HENDRIK]

ITS FRIDAY
BREAKOUT FROM BOTTOM RED LINE ON M5
UP TILL H4 PRICE ALREADY CROSSED BLUE
MARK'S TARGET IS 4080

short at 4154 sl 25 tp just beneath pivot at 4100

I'll move the sl to b/e as soon as this gets going and maybe keep the trade open to see whether it might reach 1.4000
I didn't like the volatility closed for -13 Yeah just my flippin luck!!! it then proceeded to 1.4000

[HENDRIK]

EURO REACH A SUPPORT ON M15 - 3655
I WAS A BIT LATE ON ENTERING
long at 1.3700 sl 25 tp 3826

closed at 3800

[HENDRIK]

TRADING THE RISING UP TREND

M15
as price move across blue
long at 1.37899 sl 55 pips tp 100 at 1.3890
move sl to b/e
wow lucky for me. I was busy elsewhere when this 100 pip drop came