Finally Trading

Hi Traders,

It's been a few days since my last post. I expected market to go ups and downs and it did happen. There has been some false signal given by the market as I see it, and I call it more like gamble trading in those situation.

On the other side, while market is consolidating I was asked to arrange a sport event in campus for two weeks.
The event is still going and I think it is time for me to take a look at some high possibility trade and GJ gave a hint for short!
I took it and I will attach a chart later on.

Good luck ;)

Here they are:

4hour Chart:


Trade Result:
Everything was there, I like the setup, but then again it did not manage to go more bearish.
Took my -36pips x 2 = -72pips away

I guess that was the last trade for the month.

READ MORE - Finally Trading

USDJPY Trade

Hello traders,

I've watched USDJPY for awhile since the daily breakout occurred on the pair. I've been waiting for price to break through the upper median line and get ready to take a long trade once all the breakout requirements are met. Today 20:00 o'clock at my broker time, there was a MACD signal which indicated a TC pattern. I didn't directly take it because there is a little tail there on the candlestick which means price might give a retracement to the median line again and it did. Check out the 4hour chart below, the small AP's median line has been visited by the price and price retraces back to the larger upper AP median line.Now that price has retested the upper median line for the second time, using 1hour TF, I took an entry for this opportunity. Took 2 trades just like always. Set the first half for 56pips and will set the rest at BE targeting the daily resistance.

P.S.:
The only thing that bothers me in this setup is the tail pointing upward on the 4hour candlestick.
End of trade result: -40pips x 2 = 80pips.
I should've not taken this trade due to tail I mentioned before. I guess greed came to me when positive pips are in hand. Gotta take my pips away before any perfect setup comes by!

READ MORE - USDJPY Trade

Trade, Trade, Trade

This week I have taken so many trades and yet they're all sucess. Another trade has been triggered on the Japanese Yen (UJ). Here's the chart

Trade result:

+34pips closed

Other half set to BE targeting 112.00. This is the last trade for this week. Have a great weekend ;)

READ MORE - Trade, Trade, Trade

Sold EU

Sold euro at 1.5371

+40 pips closed, the other half set to BE. Off to bed ;)

Edit: Closed the other half for +148pips with a total of +188pips

READ MORE - Sold EU

Bought another GJ

Hello traders, I took another long on GJ pair at point 212.13.

Trade went into my favour, and it was a success.

Closed Trade Result:

+128pips

READ MORE - Bought another GJ

GJ trade

GJ trade taken today with the help of AP median line and countertrend Phil's MACD signal occurred. This trade was way out of my original trading rule. I've been CTing and trading more pairs than before. As a conclusion, more chances are available through time and opportunity varies in each currency pairs.

Closed trade result:

+16pips

+25pips

+41pips

READ MORE - GJ trade

Another Trade

Another trade taken based on daily breakout strategy on Canadian pair. Will close half a lot should price goes +25pips and set the remainder half at breakeven point targeting for 80pips
Closed trade:
+ 25pips
+ 80pips
+105pips

READ MORE - Another Trade

Today's Trade

Hello traders,

I've decided to take a trade based on AP (Andrew's Pitchfork) method plus Phil's signal did have a role in this trade. Price went off the Lower Median Line, formation of price action were there, I had to take it. Although there were only low impact news today, the set-up was perfect. This is where full technical trader have their advantage for taking some pips before high impact news on Wednesday.

edit: Trade closed for 16pips by trailing stop

READ MORE - Today's Trade