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LOLEK 555 - trading journal, live trades (not signals)

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For now after Us open, Bonds at the highs, VIX stable but below previous and recent week's open. DXY crushed .   
Sp500 -this down move at the open is a nice buying opportunity for me so i am holding long from 3215. 

GOld stopped out overnight at 1922.. not touching anything related with usd . waste of time and money from this levels and second if i would like to buy something against USD these leveles are too high... 

#61 - July 27, 2020, 01:44:25 PM
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SP 500 trade on break even and no new trades for now because the direction is good for indexes and don;t want to f^ck up anything (give my profits by other losing position...)
#62 - July 27, 2020, 02:48:29 PM

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closed sp500 plus 20pts. 

i am long pound from 1.2876 target around 1.2920 , out from posiition around with loss at 1.2855 (or maybe earlier because price action on this pair became very slow..)
#63 - July 27, 2020, 05:51:05 PM
« Last Edit: July 27, 2020, 05:55:36 PM by Lolek555 »

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closed gbp long around the same level as my entry. no power in this pair . 
#64 - July 27, 2020, 08:59:40 PM

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About market situation now and what i see next:

Sp500 turned higher with VIX following the same move. if 3245 will break and vix will turn to the lows then 3300 above is possible. SP 500 caught a little bid on dollar weakness and all this corona stimulus talks too.. but for now lower prices are still buying opportunity until 3180-90 fail. 
Bonds made a nice move to the uptrend trendline, if the price will break lower then Gold could enter the correction too.

DXY from last 4 hours didn't make new low but looks very weak .. 
#65 - July 27, 2020, 09:12:15 PM
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i will watch USDJPY too at these lows becaue it could find some buyers following the down move on bonds..
#66 - July 27, 2020, 09:51:47 PM

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overnight i tried again to short Gold without success. 1965 was my entry - stopped out fast 5$ higher..

ok current intermarket situation from my perspective before US open:

1. Bonds' yesterday weakness looks it was fake break of the trendline and now bonds ate 50% of the drop.
2. DXY very weak reversal from last 8 hours , but the weekly open is not so far (94.32) , FED on Wedndesday we will see.
3. SP500 weaker around previous week's open 3225 if holds the price should rise min to 3240.
4.  VIX Almost at the lows , well below weekly open . but this animal can wake up pretty fast so for now only watching 1 hour chart.

#67 - July 28, 2020, 12:50:38 PM
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no trades for me now and haven;t traded the US close.  i  see that sp500 could test lower levels and then i would like engage in some buying for the rest of the week. 
Bonds for now again at the highs , VIX choppy market almost the same as bonds, DXY looks like it bottomed for now. so sp500 can;t find direction too (slighlty above weekly open) tomorrow FED day , meanwhile AMZN, GOOGLE, FB, earnings. so the market is in a waiting chop mode.
#68 - July 28, 2020, 09:34:22 PM
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Today's London session trades

considering GBP USD price around yearly pivot level 1.2908 , today i entered long positions with SL below 1.29, my best entry was 1.2919 and all is closed now ... but took profits too early around 1.2951-52 ... the move can be a lot higher . will see later what to do.

recent open trades: BTCUSD long from 10996 , SL 10950  .  in progress.. i see bitcoin could test last high or make new high.. 
#69 - July 29, 2020, 08:06:49 AM
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close BTC long at 11150 - probably to early but i can't switch to breakeven on the exchange i trade so better to have some profits than nothing or loss..  no plan for these price levels on BTC. actually i will wait for a correction .
Key level for today is simple and visible on Volume profile ... 11000 . so that;s why entered ealier, biggest volume located around 11K gave me the move of 150USD . 
#70 - July 29, 2020, 09:18:00 AM
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if BTC 11k fails then i wait for some buying around 10700..
#71 - July 29, 2020, 09:40:39 AM

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few trades today but didn't have time to write..  what i noticed on EURUSD pair which is making new high after high that it is almost reaching big volume area around 1.1933- 1.2010. Other observation is that On Balance Volume (OBV) is divergent from current price levels . it seems like market is overreacting . the same observation is valid to futures market (6E - euro fx futures contract).. 

So.. the top is very close and i will put some limit orders at 1.1933 and 1.2000 .. tomorrow is Friday so probalbly slow day and will write and analyze some more..

#72 - July 31, 2020, 01:31:56 AM
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and one more thing .. still got a feeling that USD could flash crash before bottom , but will see
#73 - July 31, 2020, 01:34:49 AM

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ok little update .

on friday i scalped EU and GU tops , my pending orders on EUR haven't been filled at 1.1933 but i followd the reversal and made few trades (on the short side). haven;t traded sp500 .

intermarket end of the month update.

1. Bonds new highs . Bonds give fuel to gold too. even if dollar was higher on Friday, gold wasn;t too much affected.
2. DXY tries to reverse, but i will rather observe EUR fx futures next week because it closed on big volume level (70% of the DXY index is Eurusd). the selling end of the mohth flow was bigger on EUR that these few last days gains vol.
3. VIX - the same up and down price action as SP500 , closed on the lows .
4 Sp 500 closed at highs and if it will stay there or above i thinkg it could break higher (or not...).. 
#74 - August 01, 2020, 06:51:09 PM
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about bonds and these levels technically they're filling the corona explosion wick (low volume zone) but now with volume. this would suggest gold is not over yet..
#75 - August 01, 2020, 07:07:15 PM
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