$5000 to $0 challenge week 2 for FX:EURUSD by MrRenev

Logging the second week of my little experiment.
I think this week things are slowing down -.-

Trade active:

SHort EURJPY @ 130.130, for now only 5k because I have no idea what I am doing.

Comment:

Actually 10k on EURJPY & I still do not know what I am doing here.
Just an experiment.

And still have 5k riding on AUDUSD.

Comment:

After February, June is the months with monthly returns the closest to 0.
Slighlty in the red on average.

Thee THREE worst months (Summer): June, July, and particularly, August.
The FOUR best months (Autumn): September, October, November, and December.
The FIVE good Months (Winter-Spring): January, February, March, April, and May

Ok I started this challenge at the worse possible time XD
I just wanted to try my system... before executing it larger scale.

Probably good to buy stocks in late August/september & sell after that.
I bet they fall.
Crypto too, that is almost certain.

Comment:

Logging that one.
Restested structure with less strength, dropped 42 pips, maybe more in the next hours?

* Keep that RSI setting I like it.

Comment:

I need USDSEK to get a bit lower like this and I am long!

Comment:

Going out, my EURJPY trade will close itself at 129.666 for a profit of 42$ if I am away when we get there (yes I am a kid).

Not touching my AUDUSD. TO THE MOON!

Comment:

Might be a good idea to short USDMXN, but need to be in front of PC to decide. Too bad.
Let's see what it does in the next hours to convince me this setup is good or not, for next time.

Trade closed: target reached:

I should be out of EURJPY by now. GG.

Comment:

Nice, AUDUSD below DMA20, maybe it starts falling tomorrow and I get a big winner even thought I only got 5k left in. Still good, if I can reproduce this with an account 10 times bigger or more it is going to mean I can obtain FREEEEEEDOM

I WILL be financially independantly!

Comment:

AUDUSD testing the low from a few days ago!
Big moment.
I am going to bed.

Comment:

Actually there was 2-3 trades I could have taken these past days.
Was just too tired & overbooked and made it hard for myself.
Ok I will scan the now 19 pairs I am watching this evening, and for next week I will proceed differently.

Trade active:

Short EURJPY.
Only 5k because I do not have a single clue what I am doing.
I really don't.

Comment:

Running into a wall with bearish divergence.
I do not know what % probability to expect with this one, let's just practice and we shall see.
I am short and the trend is bearish according to my weekly post.
Should be good?

Comment:

Omfg got 7 alerts while I was in commute.
What is going on. 30 more min till I have access to a PC.
I can hear Carlos Matos laughing in the background.

Comment:

Just checked AUDUSD. MAJOR CRASH WHAT IS GOING ON WHY DOES THIS HAPPEN NOW.
I must be at a huge win on that one but only got 5k left in.

Comment:

Ok 4/7 alerts are redundant and concern AUD.
Going long (or short opposite direction) on a cross currency while holding my short AUDUSD would work great. Only 5k big thought... for educational purposes.
If we hit a strong support.

Comment:

USDCAD good short I think, but unless it goes up I will miss it.

If I played with slightly bigger amounts going to work would cost me more than what I earn.

Comment:

Yo all this because FEDs increased interest rates or?

Trade active:

Short EURNZD 15K... How did that happen...?

Emm well hope that works out...

Comment:

Euuuu I mean.. AHA! I knew all along!

Comment:

Put a SL really close to my entry at a tiny win on EURNZD, for 10k, because I don't really know how I feel about that one, and going to bed.
I would need more examples/ more experience to decide if that trade is good or not.
Better reduce my size if it goes up & scale.

Trade active:

EURAUD short 7K

Trade active:

Long AUDCAD 5k
To the moon!

Trade active:

Short EURUSD 2K because why not?

Comment:

2 possible counts for AUDCAD & they both have a fibo here:

Comment:

Pump and dump closed these 2 trades at a ~ 40$ profit.
Boy for a sec I saw this I thouhgt I got stop hunted and took a large loss XD

Symbol Amt S/B Open Close Gross P/L P/L Com Roll Open Time Close Time
EUR/NZD 5 S 1.68032 1.67460 20.12 57.2 0.00 0.71 6/13/2018 14:27 6/14/2018 07:49
EUR/JPY 5 S 130.165 129.731 19.72 43.4 0.00 0.02 6/13/2018 12:52 6/14/2018 07:48
EUR/NZD 10 S 1.68032 1.68019 0.91 1.3 0.00 1.43 6/13/2018 14:27 6/13/2018 21:37
Total 20 40.75 101.9 0.00 2.16

Ez money once again :D

Comment:

WTF?

Keeps going down.
Cannot make more money it went down so fast I did not have time to close only partially lol. I had a limit close just in case I miss it.

Trade closed manually:

EVERYTHING IS EXPLODING WHAT IS GOING ON I WANT TO GO EAT!
AAAAAH EVERYTHING AT THE SAME TIME.
CLOSED AT 44.45$ PROFIT EURAUD
WTFFFF

WHY I DID NOT GO 50 LEVERAGE ON THESE ALL I AM ALWAYS RIGHT MIGHT AS WELL.

Comment:

EURUSD dropped over 100 pips so I closed it too

I AM SO GOOD

Comment:

So all that is left is AUDCAD & AUDUSD.
AUDUSD I will never close, I will Hold ON for Dear Life until I die of old age.

I want to short gold too but I am waiting for it to get higher.
Will reassess later.

I am now afraid to leave XD

Since I went small my account is only up to 5500$ now, but I want to make sure I do things the right way before going bigger, I need more experience. I don't really care about the challenge XD
5% a week is pretty good anyway.
100k ==> 5k / week AND double up in less than 4 months.

Trade active:

I shorted gold bull break
5 ounces

Comment:

Hello sir this is euro, can I go back to a bull market?
Europe is fine, Italy going well, every thing good.
Can you let me go through 1.18400 please sir?
Ah got through a few pips.

THIS IS SPARTA!

I should have left some in as a swing trade to the moon but:
1- I am busy with my day job
2- I already sold all my euros for usd months ago hahaha

Trade closed: target reached:

Closed AUDCAD, almost went to where I wanted, and I got a gut feeling.
Always follow your gut feeling.

Gold "bull" break, not going so well for the pump chasers.

I am not sure at all about gold here thought. But I think it should go a bit lower regardless of where it goes longer term.

Comment:

Down 176 pips in 2 hours dear lord...
Some people are going to wake up with tears of blood.

"Oh I put 10 years of my teacher's pay with 100 leverage on eurusd it was looking very bullish"
"But why that much leverage why all in?"
"I need a change in my life and a lower amount will be nice, but not life changing"

===> These people live's are sure going to change :D
"Spare any change sir?"

Comment:

B...b...bbbbb--But all the experts said...

Comment:

The gold bubble scam dropped 666 pips exactly already.
Coincidence? I think not.

Join the dark side, and the dark side shall reward you.

Trade active:

Long EURCAD.
Big flush, running into 20DMA with bullish divergence on small TF.
5K. Not 100% sure here, let's see what happens next 15-30 minutes.

Comment:

EURUSD on 0.618 fib... I want to get out of that trade (EURCAD) idk why I got in...

Comment:

Divergence on tiny TF means I get a tiny bounce?
I think I'll get out soon, and only long if it drops even further.
Did not take the time to think this one throught.

Comment:

Was moving the mouse to the close button and then it flash dipped.
Might as well chase my loss now.

Trade closed manually:

Get me out of this crap!
9.61$ loss rofl.

Yeee I did not respect my own rules.
I don't have my list of rules and stats with me at work, I forgot. I thought this was an entry. Nope.

Was going to close at 3$ loss before it flash dipped ... As I was clicking on close basically lmao...

99% sure it is going to bounce now thought.

Comment:

With practice I'll not take such trades that do not respect my conditions.
Got it mixed up.

Comment:

Gold went to 0.5 fib. This it?

Comment:

GBPUSD tested structure with bearish div but I missed going long at the bottom, too much happening at the same time. Pass.
Next week I will be better organised.

Trade closed: stop reached:

Stopped out of gold.
Probably going up for a while...
No loss (1.4$ profit :p)

Why is so much happening today? Or maybe it is just me spending more time looking at charts.

Comment:

Spiking hard... The second I exit... Kidding me...
Better just avoid this garbage...
I just went in because of 5 in RSI divergence and we were on 20DMA..
Don't think it's that good but idk tbh... eeeh whatever. I need to check more examples.

Comment:

Is it ever going to stop going down? o.0

#HODL #MOON

Comment:

IT HAS NO BOTTOM.
Hey guess where I am short from?
The VERY top exactly (minus spread)
HAHAHAHA REKKKKKT

FeelsGoodMan.

Comment:

Symbol Amt S/B Open Close Stop Gross P/L Stop Move Limit P/L Com Roll Usd Mr Time
AUD/USD 5 S 0.76738 0.75102 81.80 163.6 0.00 -0.41 45.00 6/06/2018 09:54
Total 5 81.80 163.6 0.00 -0.41

Spread is 2.5 pips. Actually the EXACT top lol. Didn't even notice until now.

Bitconnnneeeect!!!!

When my experiment is over and I start going at it for real oooowww yeah I'm going to go full Warren Buffet.

Comment:

Wow EURUSD still tanking.
If it goes lower than this I will just long it...
Juuust a couple dozen pip more and I'm in long.