Greetings traders and happy spring time here in the northern hemisphere!
It has been a while since I posted my trades here and that is because I have not been daytrading a lot due to holiday, work commitment, and I just don’t feel like babysitting every trades I have.
As I hinted several time previously on this blog, I do trade in higher timeframe for my swing trades but until now, I never really felt that it is “exciting” enough to write on a blog. I mean… you click a few buttons to buy, close your software, and in a few days or weeks, you log back in to close them. Yeah, not the best for a trading journal.
I did, however, change my mind. I think these trades need to be blogged somehow because it is still important to track and maybe one day it’ll be useful.
Without further ado, I have now revamped the Methodology page to include this swing trading method called “TNS Support & Resistance”. Additionally, due to the nature of swing trading, I don’t pay attention to day to day news cycle as much since there is no use to do that. Below are some of the financial data that I do look closely because I believe they will impact the market more than just a few hours of movement:
- All Central Banks announcements. Fed, BOJ, SNB (liar liar pants on fire), ECB, RBNZ, RBA, BOC, etc.
- US Employment Data (Nonfarm Payroll).
- Global Dairy Trade (impacting NZD mostly).
- Chinese Manufacturing data and other commodity news.
- US CPI.
- Germany/EU CPI and PMI.
- Political “charade” (Grexit, US election, etc).
Having said that, here are some open positions:
- Short AUD/JPY (1/3 position entered) @ 95.501
- Short USD/CAD (runner position left) @ 1.27735
I have recently closed a bunch of positions thus there are not much open. Of course, I will update this blog when I open new position. Additionally, you can follow me on Twitter: @Nestledrink for a real time update.
I look forward to start posting more regularly again and hopefully we can learn something together.
Happy trading!!
Nestledrink's Tavern 