10.09.2012
Yesterday was good day. Position on GBP/JPY gave +48pips and i closed USD/CAD on +15pips. SL was on first GBP/JPY postions and it was -15pips.
So about +45pips for yesterday
4/10/2012
4/09/2012
09.04.2012
Long on GBP/JPY for correction wave 4.
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Last 3 waves move (wave 3 was also 5 waves move down) now its time for at least correction wave 4. But this move down also could be ABC - where C was 5 waves move down.
SL is bigger than it used to be - 20pips but position is also smaller.
SL below low on 128,855 open.
Situation on D1:
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After big 5 wave move up we are probably on ABC correction.
Top of wave B zone is marked on blue. This is also bottom of wave 1 of move on H1 - so it should be maximum of correction .
Anyway if move down was also ABC - B can go little bit upper- and than we will have wave C down and i expect it to be strong one.
I have 3 position on GBP/JPY - 3rd was opened on 128.910
Well i was stoped out by short breake. It happens. Anyway I still see long there. On D1 it can be continuation of wave A - but on H1 it should be at least 100pips move up - before down and bottom of wave A.
Long on GBP/JPY for correction wave 4.
Last 3 waves move (wave 3 was also 5 waves move down) now its time for at least correction wave 4. But this move down also could be ABC - where C was 5 waves move down.
SL is bigger than it used to be - 20pips but position is also smaller.
SL below low on 128,855 open.
Situation on D1:
After big 5 wave move up we are probably on ABC correction.
Top of wave B zone is marked on blue. This is also bottom of wave 1 of move on H1 - so it should be maximum of correction .
Anyway if move down was also ABC - B can go little bit upper- and than we will have wave C down and i expect it to be strong one.
I have 3 position on GBP/JPY - 3rd was opened on 128.910
Well i was stoped out by short breake. It happens. Anyway I still see long there. On D1 it can be continuation of wave A - but on H1 it should be at least 100pips move up - before down and bottom of wave A.
4/06/2012
4/05/2012
18:40
I had reopened my GBP/JPY positions too fast. Price was moving donw and i didnt even put SL where i wanted to (it would be closed) but price reached level i wanted and i opened another positions putting SL to first on level of second.
Now SL is higher and it is on 61,8Fibo of last move up on 5min chart and 38,2 of daily low to last top (and its almost same level to 1pips)
Chart:
20:35
SL moved to 130.198 and its end for today. Lets see how positions will look like tommorow morning.
I had reopened my GBP/JPY positions too fast. Price was moving donw and i didnt even put SL where i wanted to (it would be closed) but price reached level i wanted and i opened another positions putting SL to first on level of second.
Now SL is higher and it is on 61,8Fibo of last move up on 5min chart and 38,2 of daily low to last top (and its almost same level to 1pips)
Chart:
20:35
SL moved to 130.198 and its end for today. Lets see how positions will look like tommorow morning.
15:40
End of down trend on GBP/JPY?
A = C
Price retrace almost in point from 100% of wave A. There is signal on H1. Now i will wait for some clear correction on 5minute chart and buy signal and i will open long.
Down trend is strong - but in long term trend still is up.
Potential of this move can be really big.
16:45 GBP/JPY long 130.350 SL 130.240
17:20 SL -10pips. Im waiting for bigger correction and re-enter of position on GBP/JPY
End of down trend on GBP/JPY?
A = C
Price retrace almost in point from 100% of wave A. There is signal on H1. Now i will wait for some clear correction on 5minute chart and buy signal and i will open long.
Down trend is strong - but in long term trend still is up.
Potential of this move can be really big.
16:45 GBP/JPY long 130.350 SL 130.240
17:20 SL -10pips. Im waiting for bigger correction and re-enter of position on GBP/JPY
4/04/2012
04.04.2012
12:10 After this huge night moves i was just watching market - too scary to go against trend, and i didnt see any clear points to jump in trend.
Now there is v nice point to go short on GBP/USD around 1.5930 0 where is S/R level and 38,6 Fibo of this move down.
GBP/JPY and EUR/JPY can be now in C wave in ABC correction - but its not smart to jump against that trend. If they retrace of some nice level of projection of their A waves - with H1 signal and with price action confirmation on 5m - i will think about some positions - but its too early for me now.
12:10 After this huge night moves i was just watching market - too scary to go against trend, and i didnt see any clear points to jump in trend.
Now there is v nice point to go short on GBP/USD around 1.5930 0 where is S/R level and 38,6 Fibo of this move down.
GBP/JPY and EUR/JPY can be now in C wave in ABC correction - but its not smart to jump against that trend. If they retrace of some nice level of projection of their A waves - with H1 signal and with price action confirmation on 5m - i will think about some positions - but its too early for me now.
4/03/2012
4/02/2012
16:40
GBP/USD long 1.60190 SL 1.60118
GBP/USD is strongest one today. It is in up trend. There was H1 signal:
Than HL on 5minute with signal on faster DT:
SL is below that low.
20:50 Orders closed on +20pips. I dont know what can happen at night so i rather close them than risk SL. Move SL to BE will not be smart also i think - beacuse its high probability for me that price will go down to this consolidation area and close my order.
GBP/USD long 1.60190 SL 1.60118
GBP/USD is strongest one today. It is in up trend. There was H1 signal:
Than HL on 5minute with signal on faster DT:
SL is below that low.
20:50 Orders closed on +20pips. I dont know what can happen at night so i rather close them than risk SL. Move SL to BE will not be smart also i think - beacuse its high probability for me that price will go down to this consolidation area and close my order.
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