Xin’s Independent Currency Trading for 3/18/2016 – Rolling with the Euro!

Introduction to RYZE.Ai:

RYZE.Ai Summer Special Promotion

RYZE.Ai Summer Special Promotion

People have told me often that they really enjoy reading my currency trading adventures and they would like to make money trading currencies or commodities like silver or gold but they don’t have the time to learn all the skills necessary to be really good at trading. If you are one of those individuals, there is an excellent program called RYZE.Ai by Hodo Global. I can enlighten you on how this fully automatic artificial intelligence software program, which  I use to generate consistent profits in my trading account, day after day and week after week, can benefit you as well. Independent analysis (I will post a blog with links soon.) shows RYZE.Ai has earned 3.06% per month on average. For more information, please watch the overview videos, read more of my detailed articles, attend a Thursday evening webinar , check for a RYZE.Ai seminar in your area or send me an email or set up a time to talk to me personally.

Special Summer Promotion

Currently there is a subscription special reducing the initial fee to only $99, a savings of $100. Read my bog about the special here.

Now back to “the best of” my personal trading:

Introduction:

New_Zealand_Flag

The New Zealand Flag

My daily trading reports are where I explain all the independent trading I do each day. Trading all by my lonesome with just my laptop and the Harmonic Scanner for company, I do battle with Central Banks, Nations, Multinational Corporations, Hedge Funds and Gigantic Banks. It is exciting and I relish the challenge each day. Read my posts every trading day and be spellbound by my exploits. Cry for my mistakes, revel in my wins! Each day is new, each challenge is documented. Read on and enjoy!

Morning Friday 3/18/2016

 

Signal: New Zealand Dollar / US Dollar

NZDUSDiH1-shark-3-18-2016-227am

New Zealand Dollar / US Dollar Harmonic Shark Pattern on Hourly Chart on 3/18/2016 at 2:27 AM

 

Signal: Canadian Dollar / US Dollar

When I saw this chart this morning this little Canadian Dollar trade was too far along to consider entering. Too bad it happened between my 1:30 AM signal check and when I got back up at 4:30 AM. I could have had a nice little profit on this one in only a few hours. In three hours all three profit targets were hit and the trade was done. Hey, I have to sleep sometime. So, this was just one of those that happened at the wrong time for me to take advantage of the signal. Nothing else I can really do about these trades that occur when I am out or asleep.

USDCADiH1-shark-3-18-2016-454am

US Dollar / Canadian Dollar (USDCAD) Harmonic Shark Pattern on Hourly Chart on 3/18/2016 at 4:54 AM

 

Signal: Canadian Dollar / US Dollar

This signal happened about an hour after I left the house this morning. This is the second Canadian dollar trade of the day. Both of the trades hit all three of their profit targets in just a few hours. A wonderful trade. I am including it so you can see the signal. I personally missed this trade just as I missed the first. Once I was sleeping and once I was already gone for the day. I just missed both trades by a short time. One again, there is nothing that can be done since I am not available or free to trade all the time at this point.

USDCADiH1-Butterfly-3-18-2016-10PM

US Dollar / Canadian Dollar (USDCAD) Harmonic Shark Pattern on Hourly Chart on 3/18/2016 at 7 AM

 

Evening Thursday 3/17/2016

Results: US Dollar / Japanese Yen

The upwards arrow is pointing at the time in which I bought my two positions. The downward arrow is pointing at the bug red bar where it dropped down and hit my stop losses which were actually much closer than indicated by the signal on the chart. This was a good move because it dropped down far enough that it would have hit the stop loss at that point as well.

USDJPYiH1-gartley-3-17-2016-932pm

US Dollar / Japanese Yen (USDJPY) Harmonic Gartley Pattern on Hourly Chart fro 3/17/2016 at 9:32 PM

Results for this trade:

Position 1: Entry 111.832 Exit 111.308 for a net loss of 52.4 pips or 52.4 x $.10 = $-5.24

Position 2: Entry 111.557 Exit 111.309 for a net loss of 24.8 pips or 24.8 x $.10 = $-2.48

Results: Euro / British Pound

This trade is progressing nicely. As you can see, it hit the first profit target. I am looking forward to see what it does tonight. I moved my stops to keep nice profits on this trade if it starts to move back upwards.

EURGBPiH1-shark-3-17-2016-549pm

Euro / British Pound (EURGBP) Harmonic Shark Pattern on Hourly Chart on 3/17/2016 at 5:49 PM

This trade so far:

Position 1: Entry .78988 Exit .78165 for a net of 82.3 pips for a .01 lot that is $.10 per pip, so 82.3 x $.10 = $8.23

Position 2: Entry .78839 – Still Open

Position 3: Entry .78923 – Still open

Results Signal: British Pound / New Zealand Dollar

GBPNZDiH1-bat-3-17-2016-550pm

British Pound / New Zealand Dollar (GBPNZD) Harmonic Bat Pattern on Hourly Chart on 3/17/2016 at 5:50 PM

This trade worked out very well. Too bad I didn’t catch it earlier and had multiple positions. However, I think my decision not to chase the trade and being content with my one position was the correct decision even though the trade was a winner.

Results for this trade:

Position 1: Entry 2.09244 Exit 2.11256 for a gain of 201.2 pips

Results: British Pound / Japanese Yen

I thought I was going to get stopped out this morning but then the Pound started to rally again. It is up nicely this evening, not quite to profit target one yet. I have raised my stop loss to just above break-even. So, regardless of what happens next, this trade will at least have three small winners and if all goes right, three bigger winners. Lets see what happens overnight.

GBPJPYiH1-shark-3-16-2016-9pm

British Pound / Japanese Yen (GBPJYP) Harmonic Shark Pattern on Hourly Chart from 3/16/2016 at 9 PM

 

Signal: Euro / New Zealand Dollar

A nice trade that I missed through hesitating. It was close enough to the entry point, so I don’t know why I didn’t enter.

EURNZDiH1-shark-3-18-2016-4pm

Euro / New Zealand Dollar (EURNZD)

 

Today’s Geography Lesson: New Zealand

 

Lessons Learned

Lessons Learned 1: Don’t hesitate. This afternoon when I saw the Euro / New Zealand Dollar trade I hesitated. I was thinking about whether or not I wanted to hold it over the weekend and was thinking about my other open trade. Everything looked good for an entry but I procrastinated on the entry. I don’t know exactly why, maybe it has been a long week of trading and I just wanted a clean plate for the weekend. I decided to come back and check in a little bit. When I did, it had already moved a little and I thought to wait a little more and then it moved more. This is a classic case of hesitating for no reason. The trade quickly moved to hit its first profit target. I missed out on a good trade for no reason. Perhaps I was already in weekend mode. I need to stay focused until the game is actually over. I didn’t do this and it cost me a nice trade.

Lessons Learned 2: Be patient. I have been patient with the Euro / British Pound trade and it is paying off. I gave the trade time and room to work. I did not move my stops too close and I have nice profits on this trade. It has hit the first two profit targets and is moving well towards the second profit target. Very happy with this trade. Let’s see how this one works out next week, have high hopes that it will be a great trade at the end.

Conclusion:

This was a good day. I missed a nice trade at the end through inaction for which I am kicking myself. I do not feel bad about the other two I missed because it is just a fact that there are certain times I am not in front of the computer and there is nothing I can do about that at this time.

My current recommendation:

Like I said at the beginning of this article, for additional details on a fully automated, set it and forget it, artificial intelligence currency trading program called RYZE.Ai from Hodo Global , watch the videos below.

RYZE.Ai and Hodo Global Videos

RYZE.Ai and Hodo Global Videos

Click here or on the Image Above for the RYZE.Ai videos.

Once again, if you have comments or questions, please leave then below or contact me.

Leave-Comments

Sincerely,

Xin

2 thoughts on “Xin’s Independent Currency Trading for 3/18/2016 – Rolling with the Euro!

  1. Neil Martins

    Be patient and don’t hesitate are some of the most important advices one can receive when it comes to trading. The question is when do you really need to be patient and when do you need to dive in immediately? I think only experience can teach you this, getting your hands dirty and making a ton of mistakes and so on. Haven’t yet used Ryze.Ai but I’m very tempted to do so shortly. I would also like to teach my 10 years old a bit about trading and maybe this AI is a good way to do so. What do you think?

    Reply
    1. Xin Zhang Post author

      Hello Neil,
      I agree that taking action is a necessary step to success. Many people study things over and over and are unable ever yo take the plunge to take action and commit. They get wrapped up in information overload and never get anywhere. Once you have decided that RYZE.Ai is a good tool, take the next step and set up an account and fund it to start earning.
      I also agree that being patient is necessary. A program such as RYZE.Ai that grows your account month after month can grow significantly over a number of years. Impatient people who try to make it as at once and crave huge instant returns usually get huge instant losses instead. Realistic, steady growth is far better.
      As far as a 10 year old hoes, I think exposing the importance of Ravi g and puttikng money to work for you and letting him see the actual accoyhnt growth would be a good learning experience. Also, teaching him the power of compounding would be another good lesson.
      If you have any questions or need assistance registering, please let me know.
      Sincerely,
      Xin

      Reply

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