Price is still resting IN an area of support/now turned resistance. Once we get a break in either direction, I may post a trade if price action tells me to. If not, then I will stay out of that pair at the moment. On another note, all of the Gbp/Jpy ...

MW's trading journal

The Usd/Jpy trade stopped out for a loss of 100 pips. The trades that I have currently open are making up for the losses that I incurred earlier. I DO plan on keeping the Usd/Cad longer term, although the negative swap puts me off a little. As for ...

MW's trading journal

I don't think I posted all of the trades I've added to the Gbp/Jpy position from earlier. I've added at 224.69, 224.84, and 225.08. Targets are 225.50 and 226.00. On another note, the Usd/Jpy trade is still hanging on and now we have had a double ...

MW's trading journal

It's looking like a good trade to me. I think this might actually be the high for now and we could possibly plunge back down to the .9xxx's. I'm going to look at it now. I'll post my reasoning for thinking this will be the high through charts. I'll ...

MW's trading journal

I've added to the Usd/Cad trade at 1.0126 and plan to again at the day's close and moreso again once we are into profit. I'm looking for this to possibly turn out as a longer term trade as the weekly charts are at resistacne as well and bouncing ...

MW's trading journal

Eh, I'm an idiot....I am trading like a newcomer today and I'm not really sure as to why. On another note, we are at critical levels on both the Eur/Usd and Usd/Jpy. We are, more or less, on trendlines right now. I'm already out of the euro trade ...

MW's trading journal

Speaking of that trendline, we are at the bottom of it now and so I will see how price reacts. If the support acts out and price moves upwards again, I will buy back into this pair.

MW's trading journal

I've just closed out the Euro position from 1.4768 at 1.4598 for a loss of 170 pips so that I could add to my Gbp/Jpy long which I added more into at 224.69. Depending on price action, I may be closing out a few more of the trades for an overall ...

MW's trading journal

I am with you on that Tiki. The system I'm using basically drew out the trendline for me on the daily chart. If it does break out of it, I will go long as well. If it doesn't make a clear breach, however, I plan on keeeping my position until it ...

MW's trading journal

I think your right on that. It's dragging everything down with it too. That's making me a little shaky at the moment. If the Euro doesn't come back up in the next 4 hours, I will be out of it. The gbp/Jpy trade looks like it is going to hold out to ...

MW's trading journal

Nice stuff Tiki, I'm just hoping that the Usd/Jpy doesn't go higher before I get out of my position lol. I actually just added a long position on the Gbp/Jpy as we are at swing lows and we got a pin on the hourly. My entry was at 224.36. The ...

MW's trading journal

It looks like we'll have a pin off of support on the hourly chart. Looks like a good trade to me. The red line shows the basic area of the support that is holding us up. Use your imagination a little to see the full area. It's a lot clearer on the 4 ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

I will also add to the Euro position if this bar closes as it is.

MW's trading journal

It looks like we may get a pin or overall bearish bar on the Usd/Jpy on the 4 hour chart. I plan on adding to my position if we do. I will use the added position to leverage out the overall position, which is negative at the moment. Once I do that I ...

MW's trading journal

I've just placed an order on the Usd/Cad short. I think we could realisitically see first a target of 1.0055 and the .9900 for the longer term on this trade. We will have to see what it does when it faces the first support around 1.0050 first. I ...

MW's trading journal

Look back at your post talking about the inverted Head and shoulders on the Usd/Jpy. You said maybe a little bump down first, and I'm thinking the same exact thing. It's facing resistance right now and I doubt we will break it on the run. This gives ...

MW's trading journal

I've added another long to the Eur/Usd position. It opened at 1.4661. We are towards the bottom of a rising trendline and based along my system I am using, we are facing support at the moment. This is based on the daily charts. I am looking for ...

MW's trading journal

Yeah, call me crazy haha It's facing resistance right now so I'll see what happens from here. If we get a bounce back away from it again, I'm going to keep the short position. If not, then I'll just close it out.

MW's trading journal

The Nzd/Usd trade is still developing with the support holding it up before it will break upwards. I've added two new positions tonight as well. I've bought the Eur/Usd at 1.4767. It bounced off of support and now I think it will continue its ...

MW's trading journal

Good stuff, I never would have caught that. That's great because I was thinking that anyways. We are at resistance right now and I think we will face it, bounce, and then retest and break it.

MW's trading journal