I am using 4H chart, price action, MA, MACD, Fibo Expansion and Fibo Retracement in my methodology.
(don’t ask me how, because if I tell you, I will have to kill you :39: )
[B]TRADE 1.[/B]
EURJPY
S/L 137.351
ENTRY 136.699
TP 135.945
Hi again, it looks like we are seeing some progress on this trade. We are around 30 pips in profit, I will move my SL to BEP now.:23:
Trade 1. WON! :41:
Result: +75pips
P.S. I don’t care about profit as much as money management and money which I am willing to risk per trade. I always adjust size of contract according to my initial SL level.
Happy trading, see you soon!
Hi,
NO TRADE day for me.
Watching closely following pairs: GBPUSD, AUDUSD, USDJPY and [B]GBPJPY[/B].
Have a nice weekend!:44:
[B]Trade 2.[/B]
GBPJPY
S/L 172.060
ENTRY 171.433
TP 170.000
This trade looks a bit risky (over 2:1 reward/risk ratio) but I took it because I am trying to stay emotionless and more importantly, I have confidence in my backtested methodology. :28:
20 hours from entry we are still at BEP. I guess GBP news reports will be trigger for some nice movement this Wednesday. Hopefully toward south! :57:
Good luck!!! Follow you.
Thank you!
I know this might sound very optimistic but I think that there is very high probability that we have reached top formation on this pair. I was in doubt whether to enter the trade at this level or at 171.433. Nevertheless, SL and TP levels remain unchanged. Let’s see what happens next. :34:
Trade 3.
S/L 172.048
ENTRY 171.696
TP 171.445
As I said in last thread, this looks like nice potential for today’s sell setup. Hope it works. :22:
Trade 3. WON :41:
Result: +25 pips
This was quite fast. This ENTRY would be perfect for Trade 2. as well, but there is always “risk” that we might miss some good opportunities because market doesn’t move so perfectly every single time.
Trade 2. LOST :13:
Thanks to Trade 3. at least I cover around half of investment. Now I will do a small break just to clear my mind and to see what major news reports are bringing to us.
Speak you soon.
Watching closely following pairs: EURUSD, GBPUSD, EURJPY and GBPJPY. Speak you soon, around 3 hours from now.
Btw, if you want to go short on AUDJPY, now is good moment to do so. (only my modest opinion, of course, TP 95.14). I don’t like counter trading so I will stay off.
Happy trading
AUDJPY went south all the way to 95.015, so my target was reached 
[B]Trade 5. [/B] at BEP from the beginning. Must say this surprised me a lot, nevertheless, this is still a valid setup, looking forward to the next week’s opportunities.
Have a nice weekend!
We are about 50 pips in profit on this trade, I will move my stop loss at BEP now.
