USD/JPY: Bullish View Current Position: Long @ 108.934 (Holding position until MTLC turns red) New Position: Long: Buying on MTLC pullback within the Ichi Cloud
POSITION: SHORT OANDA @1.16518 DATE/TIME: 28/05/18 @ 11:04:27AM UNITS: 8000 / RISK: 0.06% PP INDICATORS: MTLC = RED (TRUE) ICHICLD = BEARISH PRESSURE (TRUE)
Bullish engulfing 4H candle crosses above MA60 and couldn't close below Support found above MA40 SL set below MA60 Targeting 2 areas 1. The gap between MA60 and MA120 2. A break of MA120 should result in a pattern following MA40 to Major resistance. Will close positions once 4H candle body closes below MA40 / SL moved to below wick just in case it reverses and...
Price tested MA20 as support Entering without Conformation Bullish candle position on close (21:30 GMT) Holding position over week, T.May hard times ahead but positive outlook on UK leaving EU, and D.Trump becoming president with issues laying on global crisis rather then economic issue. ENTRY: 114.590 SL: 114.113 TP: None set as of yet
Price tested MA40 as resistance Late entry and considering weekend hold after conformation bullish candle (18:00 GMT) Holding position over week, T.May hard times ahead but positive outlook on UK leaving EU, and D.Trump becoming president with issues laying on global crisis rather then economic issue ENTRY: 141.600 SL: 141.150 TP: None set as of yet
Price tested MA40 as resistance Entering without Conformation Bearish candle position on close (21:30 GMT) Holding position over week, T.May hard times ahead but positive outlook on UK leaving EU, and D.Trump becoming president with issues laying on global crisis rather then economic issue ENTRY: 1.41565 SL: 1.41815 TP: None set as of yet
Price tested MA20 as resistance again Conformation Bearish candle (Pinbar) candle has formed indicating buy sell position on close (18:00 GMT) ENTRY: Close of current 4H candle (14:00-18:00) SL: Above conformation candle (115.52) TP: None set as of yet
GBPJPY: SHORT SETUP Trade I made at 6:00AM (GMT) and forgot to post Anyone who wants to follow can get in whilst price is close to original entry price Keep SL at original setting. Follows a basic MA trend following strategy where entry is based on either a support or resistance MA20 test. Also I tend to enter on the same test of the MA50 after the 1st cross...
EURNZD : LONG SETUP - Waiting for close of bullish conformation candle - Entering long position @ 22:00 GMT - Small conformation candle pip value / Great risk to reward due to each pip having a higher value - Still using 1-2% capital risk Rules: Long 1. MA40 above MA120 2. Price must cross MA40 from below 3. Test MA40 for support 4. Create bullish 4H candle...
GBPAUD: SHORT SETUP - Waiting for MA40 to cross below MA120 for short/sell positions. - MA40 to test as resistance below MA120 Rules: Long 1. MA40 below MA60 2. MA40 below MA120 3. Price must cross MA40 and MA120 from above 4. Test MA40 for resistance 5. Create bearish 4H candle after test of support Entry: Enter Short on close of Bearish candle SL: Set...
USDJPY - LONG POSITION Price crossed back above MA50 Broke main resistance line Tested MA50 for support Conformation candle has formed indicating buy signal on close (22:00 GMT) SL: Below conformation candle (117.235) TP: None set as of yet Current Issues: Low trading volume due to markets being closed worldwide (NY) Japan Stock exchange closed 03/01 Direction...
USDJPY Overview for Decembers open and closed positions. Long: 6 Orders Short: 2 Order Pip Profit: +288 Pip Loss: -70 Total: +218 Strategy: 4H Trend Following
EURNZD Overview for Decembers open and closes positions. Long: 2 Orders Short: 1 Order Pip Profit: +38 Pip Loss: 0 Total: +38 Strategy: 4H Trend Following
GBPJPY Overview for Decembers open and closed positions. Long: 2 Orders Short: 2 Orders Pip Profit: +513 Pip Loss: -0 Total: +513 Strategy: 4H Trend Following
EURAUD Overview for Decembers open and closed positions. Long: 2 Orders Short: 1 Order Pip Profit: +249 Pip Loss: -92 Total: +157 Strategy: 4H Trend Following
GBPAUD - LONG ORDER New Year, New motives: Aiming for an emotionless trading year. - Money Management - Strategy Play - Discipline - Patience GBPAUD: SETUP - Waiting for MA40 to cross back above MA60 whilst above MA100 for long orders. - MA40 to test for support again. Rules: Long 1. MA40 above MA60 whilst above MA100 2. Price must cross MA40 from...
EUR/NZD - LONG ORDER New Year, New motives: Aiming for an emotionless trading year. - Money Management - Strategy Play - Discipline - Patience EUR/NZD: SETUP - Waiting for MA20 to cross back above MA50 for long orders. - MA20 to test for support again. Rules: Long 1. MA50 above MA120 2. Price must cross MA50 from below 3. Test MA40 for support 4....
GBPJPY - LONG ORDER New Year, New motives: Aiming for an emotionless trading year. - Money Management - Strategy Play - Discipline - Patience GBPJPY: SETUP - Waiting for MA20 to cross back above MA50 for long orders. - MA20 to test for support again. Rules: Long 1. MA20 above MA50 2. Price must cross MA20 from below 3. Test MA20 for support 4. Create...