We're coming up to the target now on the usd/chf, so far it's at 45 pips profit and counting until it's closed. Eur/jpy is still rollin right along and I really wish I would have went long on the chf/jpy as well.

MW's trading journal

Nice! The eur/jpy headed back up after that little retracement with a solid hourly setup. I really thought I was getting busted on that...funny how an hour changes everything eh?

MW's trading journal

Considering the usd/chf. The previous daily is bearish also, I just need a better price on this one.

MW's trading journal

url This is what it all came down to, this was my motivation to stay in this business. This was THAT chart.

MW's trading journal

Hey Steve, how's it goin man? It sounds like we're really two in the same when it comes to trading my man. The only thing that I notice a bit different is the 50 pips deal with B/Es. The markets are dynamic so I've never really held a certain number ...

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For the most part, I've found the same thing profit-wise. It's not really return that makes me get to B/E on certain trades, instead it's placement. If the 4 hour placement is kind of "up in the air" like yesterday's eur/jpy and aussie trades, I try ...

MW's trading journal

Here's another viewpoint on the breakout. I'd loooove to see a retracement back down to that point after the daily chart closes...I can dream can't I?! lol

MW's trading journal

This pair is looking good so far and normally I would have already taken profit for the 70 pips as we're at the first area of interest for profit taking as shown with the arrow in the chart. I'll be holding onto this pair however and adding to the ...

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Just entered, plan on entering again lower, and also plan on holding this for a while. This is one of those that everything lines up with so I'll see if I can get a runner with it. It's still B/E as quickly as possible though.

MW's trading journal

lol it looks like the eur/jpy could be turning into a decent opportunity again now as well. Sometimes the market likes to toss the scared money out before doing the same thing over again. If it does, I'll be getting in long again. Charts will be ...

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Looking at it now, there is a chance for me to get back into this setup. I DO want a better price however. In all reality, that I4B fakeout is still in procession, just needed to build up a bit more steam to do so.

MW's trading journal

I woke up to two more B/E's on the aussie and eur/jpy and missed the opportunity to get back in the aussie while I was asleep. That happens though and now it's time to just keep looking for more opportunities.

MW's trading journal

Sure thing Josh! Nice, good luck in the testing my man! What are you working on with the open? Will do for sure, and you have a good one too brother!

MW's trading journal

Sure thing brother! The weekly chart is rockin off that pin bar with divergence and confirming candle. This is just the retracement, IMO, and I really think it's going to revert back up with that. As for the daily, I went with a little forethought ...

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Kaaaablam! Solid setup IMO. I'll be holding onto this bad boy for a while because the daily and weekly timeframes look like they are right in alignment with it. Get to B/E and then just ride.

MW's trading journal

What are your power questions? Great questions lead to a great life. What am I grateful for today? What am I excited about today? Who do I love today? What am I happy about today? What am I going to enjoy today? What am I proud of today?

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I actually just hopped on the long train, I don't know how I missed this a couple hours ago lol There's the fakeout that I'm always talking about. We'll see the I4B break in one direction, get price action indicating that it was a fake (build ...

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You're going to make me piss my pants Jim. I'm going to go over this and do some testing on the prior I4Bs and see how the weeklies afterwards played out. I'm going to see if we get an initial fakeout like we do with the dailies and 4 hour bars.

james16 Chart Thread

I watch for all daily I4Bs. This just shows that price is in consolidation and winding up for a larger move. I'd trade the aussie in either direction although nothing is really coming up as a solid trade yet.

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I'm waiting to see how the aud/usd and aud/jpy I4Bs on the dailies play out. I'm going to be waiting for an initial fakeout and reverse on the 4 hour and if we get that, I'll be getting in on a trade on these. The location is looking good for a ...

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