trading — the strategy is using ceilings or floors (not both) depending on the direction the currency pair is headed. guess that needs a second look(could trade against the trend in a ranging mkt). pivots are based on actual reversals from ...

My GBPJPY trade journal

bad move — positivley lost 300pips/ . found what went wrong, ignored the atr on the downward plunge. with atr around >400pips a minimum of 200pip(atr/2) downward movement from worst case floor level - 186.00 in this case should have been more ...

My GBPJPY trade journal

a downward trend — the floor of 188 was broken last night with a bearish move down to 184.5. entered short positions at 186.3, 187.4 and 188.5 averaging around 187.5. The breakout should bring in close to 2*ATR (~840) pip move from the pivot ...

My GBPJPY trade journal

sky is falling — 450pip gain! but then had lost it all! helped to fine tune my strategy. Entered short at 194.95 and exited at 190.4 - ~ 450pips, the biggest gain made so far. stopped out 3 times before that as the stops were 150pips away and ...

My GBPJPY trade journal

what a week — Got in 204.26 and waited for stop out at 200.5 - S3. It almost got there right before I gave in and exited around 201.3. 300pip or alnmost. The technique is in using the ATR - it indicates average movement and when i use it to ...

My GBPJPY trade journal

adjusted strategy — the last trade stopped out. the next trade placed around 204.26 - short is in the money. the ceiling around 204.5 is holding up and looks like a range between 204 and 200 as the breakout should last. this time stops at ...

My GBPJPY trade journal

break out — it is a breakout below the 204.5 floor, something news related. Interest rate futures probably. boe might drop intest rates. Well this is good. the prices climbing back to 204 levels. this pattern should range between 204 and 200 ...

My GBPJPY trade journal

lost 18pips — Trend reversed dramatically before asian close from macd indicator. entry was well done and prices stoped shy of 10 pips from stop limit. losses relaxed a little on european session. got out with not too much damage. good ...

My GBPJPY trade journal

loss — baddd trade night yesterday, the whole session was ranging. lost a neat 130pips. entry was poorly timed.

My GBPJPY trade journal

what a night — started trading entry with a short setup at 215.4 using fast stochastics(3,3,5) going counter to macd above 90% over-bought, macd was trending down with significant separation b/w lines. asian trade sessions were coming to a ...

My GBPJPY trade journal

calculated guess - but a really good one. — Greg, I made that trade too from 214.46 upto 214.9 - saw weakening and bailed out with close to 45 pips. made 2000 bucks Dunno, how to get into the other big 100pip move. how did you see it coming. ...

My GBPJPY trade journal

pivots — There are 3 calculations on pivot points. Say if the open and close of the daily price on g/y is open 111.2, close 111.2, high 111.6 and low is 111.0 Then classic pivot points are R4 113.067 R3 112.47 R2 111.87 R1 111.53 Pivot 111.27 ...

My GBPJPY trade journal

tuesday morning - entered trade spotting downturn after the US news release - on the new retraction that is. good industrial performance . weak dollar days are gettin over. got stopped out on the whip lash. stop was close by 2 pips! got in again ...

My GBPJPY trade journal

loss, gain trades. need to get off trading tight ranging market. lots of bad trades on wednesday. 2% drawdown. i guess i'll have to open another thread to post my trades. need to fine tune the strategy on late entries (maybe better not to enter ...

My GBPJPY trade journal

Starting to see a potential downturn. u/j is trending sharply down. g/u is steady. fundamentals kindof support the same as no change in interest rates means no carry trade between u/j. weak us economy means flight to safety of yen. triple tops at ...

My GBPJPY trade journal

Nice Trade! Long wait pays off. I think the interest news is going to be low impact if they don't change the rate. If they lower it, g/u should go up pulling g/y with it. if they increase the rate the opposite ... i think 213 has seen its triple ...

My GBPJPY trade journal

traded the same from 211.9 to 212.6 see attch

My GBPJPY trade journal

Hmm... This week was positive again. made my a/c grow by 4% in 2 weeks! Found a way to trade in tight ranging market for ~30 pips . riskier as the macd could easily cross to the other side forcing an early exit. Looked up DMI. nice indicator along ...

My GBPJPY trade journal

wed trade, how to capture it, my strategy just does not cut it to catch it.<sigh> i think this momentum should continue. may retract down the road to allow an entry. wathin stochastics closely. does anyone use DMI indicator to find trends?

My GBPJPY trade journal

trade results...early exited. 2nd opportunity after news event missed,..no excuses other than sleep

My GBPJPY trade journal