Price was building all day after opening above the CPP and pushing up against the 1.4995 resistance and 200ema, eventually broke through - took my profit at 50pips.
Should of held onto my gbp/yen position longer but i was required elsewhere
By travpip at 2010-03-29
By travpip at 2010-03-29
tried making some trades during jap session, missed the entry on the yen move and it found support at 55ema on the 1 hour chart and had no follow through to S1
Waited for price to retrace back to the CPP prior to London open, during the half hour gap time false move.
100pips opportunity off todays central pivot point up to tuesdays high,it looks like it will break tuesdays high and maybe go to S1 and beyond......we'll see
My daily 100pip target was reached, now standing aside till tomorrow.
By travpip at 2010-05-26
By travpip at 2010-05-26
trending momentum opportunity off the CPP at the start of euro session. Missed the start of the move but entered a position with first traget being yesterdays high.
Once it eased passed that i entered a few more positions with the target being the daily R2. Price enventually shot up with a spurt of momentum closing my positions-then retracing 30+pips
By travpip at 2010-05-27
By travpip at 2010-05-27
Burnt my fingers during the asian session anticapating a break of the head and shoulders pattern forming on the 5 and 15minute chart. Should of waited for the break as price found support shooting up to an intraday high around 133 activating my SL.
Waited for price to retrace prior to the start of euro session and entered my positions once momentum to the upside kicked it with price reaching my target just below 133.
By travpip at 2010-05-28
By travpip at 2010-05-28