My analysis for today. Closed to trades for a loss of -94.2 pips
[ol]
[li]EURUSD bias short. Current price action is very weak, without moves, traders are waiting for more news to make their move. Price could go up and thus I have my stop near a S/R.[/li][li]NZDUSD bias long, but that could change if current price continues at this level.[/li][li]USDCAD bias long, waiting for my entry. I think it will go down for a while, and I’m going to wait until I see a clear signal to buy.[/li][li]USDJPY bias long. Price is at the 61.8, I think one need now a reversal pattern to add following the bias. I’m moving my sto pat the 100% retracement, because if price closes below that level, I would consider my trade wrong.[/li][li]AUDJPY bias long. Price is making a strong retrace, it is on the 88.6, and I would consider my trade wrong if it breaks below the 100 %[/li][li]AUDNZD bias short. Pair is moving slowly, and I think maybe I entered too soon, so I’m moving my stop to previous lower high[/li][li]CADCHF bias short. The 161.8 extension could be a good place to look for profits, because there are some news that could affect in near term. I moved my stop locking more profit.[/li][li]CADJPY bias long. Price is on a S/R and about the 61.8. I moved my stop because I’m looking big red candles and that don’t like me.[/li][li]CHFJPY bias long. This is still inside the triangle, and should break it in less than 5 days.[/li][li]EURAUD bias long. Moving nicely my way[/li][li]EURGBP bias long. Stopped out for +6.2 pip profit. I would like to see a bullish pattern to buy it again.[/li][li]EURJPY bias long. Inside a range that I consider a pause before the news.[/li][li]GBPNZD bias long. Made a new S/R that I’m going to use to move my stop and lock more profits.[/li][li]NZDCHF bias long. The current move is so extended that I removed my entry until I see what is happening here.[/li][li]AUDCHF bias short. Moving my stop to previous lower high to lock profits. I see the price is at the extreme low of my channel and I think that could trigger a retracement.[/li][li]NZDJPY bias long. Currently trading around 61.8. Want to see a signal to buy here, if it breaks the 100 % I think I will reassess my bias.[/li][li]USDHKD bias long. It is inside a range or something like a forming range. This could also be a reversal and a move short, so I’m going to be very careful about what this is doing.[/li][li]USDSGD bias long. Pair barely touched my entry line, but because I require a bullish bar to open below and close above, I’m still waiting. I want to see a pattern for continuation on the up trend.[/li][li]EURCAD bias long. Moved my stop to previous low because previous candle signals some resistance.[/li][li]EURNZD bias long, not moving my stop.[/li][li]NZDCAD bias long. Stopped out for -156 pip loss. Waiting for a signal to buy again.[/li][li]BRENT bias long. If price makes a bearish formation and closes outside my channel, I’m going to reassess my bias.[/li][li]XAUUSD bias mild long. I think it could go up in the near future, but I need more signals.[/li][li]XAGUSD bias neutral.[/li][li]EURCHF bias long. Price is retracing more, I hope it to retrace until the 78.6 level; at that point I will look for a bullish continuation to buy it.[/li][li]GBPCHF bias long. Waiting for signals. My stop is tight enough.[/li][li]USDMXN bias short. Price is making me to think it again. If i see another bullish candle, I will move my stop.[/li][li]GPBAUD bias neutral. Current price action on weekly and daily view shows strong buy. To decide if I buy or sell the pair I will need more information.[/li][li]AUDCAD bias short. I moved my stop to previous lower high because i see the pair made a green candle that could start signal weakness.[/li][li]GBPCAD bias long. Locked more profit to previous S/R[/li][li]GBPUSD bias long. Price is moving north for now.[/li][li]AUDUSD bias short. Price managed to extend the down move, but I think there is too much risk to short it again a this price.[/li][li]USDCHF bias long. Well, the MG99 point is again here. Wait until candle is closed to place a trade. I must learn this and make best effort to avoid fall in temptation. Moving my stop some pips below previous day low.[/li][/ol]
In my previous account I made money also, but it took me 4 months to develop enough winners, and I got 40 % of my account before I switched to a new one dedicated only to this method (on May 10). So based on my stats I need 1 month more to start closing big winners.
