PipHacker's Trading Jounral!!!

[Piphacker]

Viewer's of My Journal also might have observed that i have did 3/4 successfull short trades in last couple of week's ....The reason is this as there a clean breakdown in E/U Daily chart but Now i hope so it may retraces back but see the other screenshot of E/U Weekly chart woooow there is also a successfull breakdown & trend still seems to me down in a weekly chart but hope so after some bullish movement for 2/3 Day There is a possibility to remain bearish E/U & also the possibility to remain bearish throughout the week... Let's see... But i alway's go for long & short in the direction of trend from higher timeframes & my entry is based on lower timeframes that's why if i find any chance to go long through lower timeframes like 30-minutes or Hourly then i dont hesitate to go long...
PipHacker!!!

[Piphacker]

Originally Posted by jstrauch

What is your overall outlook for the upcoming week if you don't mind?

You think it's going to go down monday, then go back up tuesday, do you think it will contine to be bullish the rest of the week?

I'm waiting for the retrace back on down, what is your opinion on this?

this is going to make me sound very ignorant, but what do the two lines on your chart stand for?

Thanks in advance,
John

Hi john these two lines are called as trendlines... i,ll post the detail with screenshot after some minutes wait...

[Piphacker]

Originally Posted by jstrauch

What is your overall outlook for the upcoming week if you don't mind?

You think it's going to go down monday, then go back up tuesday, do you think it will contine to be bullish the rest of the week?

I'm waiting for the retrace back on down, what is your opinion on this?

this is going to make me sound very ignorant, but what do the two lines on your chart stand for?

Thanks in advance,
John

Hi John Well as i said in my previous post that these two lines are called as trendlines... if the Upperline is breaks then market goes up & vicesversa for the lowerline... First you have to know that how to draw these trendlines...
1) See the screenshot's we have to start the trendlines from the 1-Point with a long wick where market drop's first & retraces back to a bullish side & left a wick so that we may started to draw our trendline from it...
2) Then we have to find a 2-nd point where market drop's first for some bearish movement & after that retraces back & left a wick so that we may connect our trendline with this wick...
3) Here we have our trendline connected...
Now for more see both screenshots carefully...
PipHacker!!!

[Piphacker]

Originally Posted by jstrauch

What is your overall outlook for the upcoming week if you don't mind?

You think it's going to go down monday, then go back up tuesday, do you think it will contine to be bullish the rest of the week?

I'm waiting for the retrace back on down, what is your opinion on this?

this is going to make me sound very ignorant, but what do the two lines on your chart stand for?

Thanks in advance,
John

Now see the daily chart which i have posted in my previous post and now see the weekly chart of U/J, though trend is still up as there was a clean breakout in a weekly & daily chart but in lower timeframes like 30 M, Hourly & 4-Hour seem's U/J maybe drop's tomorrow but we can not ignore the bullish relly as there was a clean breakouts in weekly & now in daily chart as when in this screenshot of weekly chart when upperline of trendline breaks then see urself U/J Move up for more than +400 Pip's & the upperline of U/J in a daily chart is also break... Let's see what happened next... but i,ll go for long tomorrow if i got the chance to go long in lower time frames coz trend seems to me up... But also see the 4-Hour chart of U/J ... As the indicator's are showing as both are in a overbought region so if the lower line of trendline successfully manage to break's in a first session than hope so some good bearish movement may be seen... Let's see tomorrow...
PipHacker!!!

[mytwopips]

Hi Piphacker,
Do you see what I see on the daily eur/usd? Right now it is still in the downtrend and sitting on a support level.

If it breaks the support, it will remain in the downtrend. Maybe some good pips shorting.

If it bounces off the support, it will break it's down trendline. Maybe some good pips long.

[Piphacker]

Originally Posted by mytwopips

Hi Piphacker,
Do you see what I see on the daily eur/usd? Right now it is still in the downtrend and sitting on a support level.

If it breaks the support, it will remain in the downtrend. Maybe some good pips shorting.

If it bounces off the support, it will break it's down trendline. Maybe some good pips long. i,ll post the detail in my chart's later

Hi2 Mytwopip's
Well there seem's a reversal hammer in a daily chart but now see the 30-Minutes E/U Chart seem's a chance of good short trade...But the main trend still seems to me bullish and if i go short then i,ll go against the trend well let's see...

[Piphacker]

Short On E/U @ 1.5463

[Piphacker]

Well See the screenshot... detail is mentioned in it... right now seems a reversal candle in 30-Minutes also im waiting for the candles shape at the end if it remain's revesal than maybe i exit my this short position otherwise i,ll carry on...
PipHacker!!!

[Piphacker]

Originally Posted by Piphacker

Well See the screenshot... detail is mentioned in it... right now seems a reversal candle in 30-Minutes also im waiting for the candles shape at the end if it remain's revesal than maybe i exit my this short position otherwise i,ll carry on...
PipHacker!!!

WOOOW Guy's Guy's I closed my position with just +2 Pips coz main trend now seems to be bullish in a daily chart as i said it was a reversal candle in a daily chart...
PipHacker

[Piphacker]

Position closed with +2 Pip's right now im leaving guy's meet with u later in a day...
PipHacker!!!