Bought Yangzijiang (BS6.SI) at 1.02

Looking at the Dow Jones, it looks like traders are starting to buy on the dip in an uptrend.

 Looking at the STI, it is bouncing up from a downtrend channel. With the above 2 charts, I decided to try to find some opportunities to trade the market.

I found Yangzijiang. This chart is a 2-year chart and I saw that I could draw a trendline all the way from March 2012 to September 2013. And I saw that price is breaking out from the down trendline. Volume also seems to be picking up.

So I picked up Yangzijiang at 1.02. Stop loss at 0.91. First target at 1.14 valid for 3 days. And from now, no trailing stops while the first target is valid.

Bought GBP/CAD at 1.6303 to close position

Profit is 0.86R. And you will notice, this position is closed by a trailing stop after the first target expires on the 3rd day.

Bought EUR/USD at 1.3203 to close position

Talk about a double whammy! I got stop out by a trailing stop incurring a loss of 0.16R. Okay, the rule of "no trailing stop when there is a valid first target" is set.

And actually this trade is strongly correlated to the EUR/GBP trade. I should avoid such correlation in the future.

Bought EUR/GBP to close position at breakeven

This position was stopped out by a trailing stop at breakeven point. Maybe I should make a rule of "no trailing stop when there is a first target still valid" (that is usually for the first 3 days).

Sold USD/RUB at 33.3226 to Close Position

Gross profit is 2.1R. I held it for slightly more than 1 month. Apparently trading the RUB involves quite a substantial foreign exchange swap rate. Quite unlike most Forex pairs I traded which have very negligible swap rates. I incurred a swap equivalent of 1.1R.

Hence net profit is 1R. Well, well, something to take note of when trading the RUB in future.

Shorted EUR/GBP at 0.8462

Stop loss at 0.8485. First target at 0.8406 valid for 3 days.

This trade is a simple short off a broken support for a target near the next support.

Shorted EUR/USD at 1.3196

Stop loss at 1.3236. First target at 1.3018 valid for 3 days. On the 29th of August the EUR lost ground against the USD and broke the uptrend. The next 2 days, there were signs of bullish reversals. But it turned out they were quite weak. Hence on the third day, I decide to go short.