Potential Head and Shoulders formation on the EUR/AUD (5-min)...

Mr Breakout (Day) Trading Journal

This trade was of course stopped out, 30 pip loss. Total so far this new week: minus 10 pips (+20 - 30) and one (1) open position.

Mr Breakout (Day) Trading Journal

Short EUR/AUD, 1.3960, 35 pip stop.

Mr Breakout (Day) Trading Journal

Long GBP/JPY 139.95, 30 pip stop.

Mr Breakout (Day) Trading Journal

Thank you for your nice comments Maxie13. How do I find my trades? Well, I look at 28 currency pairs (from USD, EUR, JPY, GBP, CHF, AUD, CAD and NZD) every single day and try to find the best trading opportunity on the 5 or 15 min time ...

Mr Breakout (Day) Trading Journal

Thank you, Sir or Madam, and welcome to this trading journal.

Mr Breakout (Day) Trading Journal

Out at 1.6220, +20 pips. Possible long re-entry later.

Mr Breakout (Day) Trading Journal

Moving the stop to break-even, GBP/AUD is forming a suspicious top head and shoulders pattern on the 1-min....

Mr Breakout (Day) Trading Journal

Stopped out at break-even but went long again GBP/AUD at same price 1.62, 35 pip stop.

Mr Breakout (Day) Trading Journal

+25 pips, moving stop to break-even.

Mr Breakout (Day) Trading Journal

Long GBP/AUD 1.62, 35 pip stop.

Mr Breakout (Day) Trading Journal

So let's recap. 1: Breakdown. 2: Test of the breakout area. 3: Down it goes (next probable target is at least 1.2100....). See, no imaginary "uptrend" on the cable Bones, end of story and case closed.

Cable Update (GBPUSD)

Here are the trading results for week ending March 3, 2017: 02/26 Long GBP/USD 1.2400, 35 pip stop: Breakeven 02/27 Long GBP/USD 1.2445, 35 pip stop: -10 pips 02/27 Short USD/JPY 112.72, 16 pip stop: +10 pips 02/27 Long USD/JPY 112.65, 25 pip stop: ...

Mr Breakout (Day) Trading Journal

Hi MXT, Thank you and sorry for the delay, I had a nasty flu.

Mr Breakout (Day) Trading Journal

Absolutely.

Mr Breakout (Day) Trading Journal

+25 pips, moving stop to breakeven.

Mr Breakout (Day) Trading Journal

Out at 1.2275, 15 pip loss. Alright, that's enough Mister cable, you are the weakest link, goodbye. video

Mr Breakout (Day) Trading Journal

Like I said earlier in previous posts, the Yen does not IMMEDIATELY respond to any Yen related financial news report anymore, no matter how important, the real move comes later. Why I have no clue.

Mr Breakout (Day) Trading Journal

2 minutes to impact. Better be good...

Mr Breakout (Day) Trading Journal

Welcome to this Journal my friend

Mr Breakout (Day) Trading Journal