Waited, identified, got in early (before pullback), then profited effortlessly.
Waiting and watching as USDJPY comes to the end of a triangle and I'm expecting a big move. Instead of choosing a direction off the bat, it's time to really pick up on which way the market is posturing.
I had a set-up written in that would require price action to move down to trigger in. That didn't happen, my 1% was sparred and a new set-up made itself available.
A quick recap of the week's trades and missed opportunities.
Wanted to take a moment to give this idea a proper burial. I still love my strategy on this one. It was an opportunity to grow and realized how hard-headed I was in making adjustments to the position even though I saw it miles away.
Quick video for accountability. Not sure where USDJPY goes from here, it's been stubborn and I want to open possibility to hit profit target without risking 1% as originally planned.
USDCHF - 1.43% EURJPY - -1% CHFJPY - -1% AUDJPY- 1.44%
Hoping I made my point on this one. Effortless is the answer.
Love this trade, very smooth, tight analysis made this one possible... Now only if I can do it 10000 more times in a row. #Newsense
All in the set-up... I got in and out of this trade with no fuss. P.s. I got out of NZDCAD at -.50%
USDJPY - 2.3% USDCHF - 1.88% NZDCAD - ? NZDJPY - ? EURUSD - ? EURCHF - ? EURCAD - ?
A race to entry, I'll keep the first 3 that reach limit order entry (or those that are left once I decided the best of the best out the bunch). Choosing the best of the best is an art, today I feel like each is justified so I'll allow each of these to be heavily considered at this time. USDJPY USDCHF NZDCAD EURUSD EURCHF EURCAD CADCHF
Nothing that stood at AUDUSD and AUDJPY made the watchlist for the week but I don't plan on trading them.
Trending pretty nicely but no "easy" entries. Will watch and consider getting in (CADCHF) on a 61.8 Fib play.
Beautiful patterns on this pair, getting the entry I want is going to be a matter of chart time and patience. Really not as suited for a "trap" entry but still has potential for some pretty effortless trades.
Probably the cleanest set-ups for the week with longer-term potential. Watching EURUSD, EURCHF, and EURCAD really closely.
Lots of movement, not very clear on trend or possible entry for me. I'm sitting out on these pairs as a whole. GBPAUD is interesting and I'll be watching it to form a pattern that I might be able to trade soonish.