Well, it's not the usual textbook example of a Head and Shoulders, because we see 3 right "shoulders". What's interesting in this configuration is that each right shoulder is lower than the preceding shoulder, so it is clear that the bulls are ...

Cable Update (GBPUSD)

Thanks, have an excellent weekend too. Well, time to open a few cold ones I guess...

Mr Breakout (Day) Trading Journal

So here are the trading results for week ending February 17, 2017: February 13: Bought GBP/CAD at 1.6375, 35 pip stop: -35 pips February 13: Short limit order at 1.6355 GBP/CAD, 30 pip stop: +55 pips February 14: Short GBP/CAD at 1.6300, 35 pip ...

Mr Breakout (Day) Trading Journal

Earning 4 pips is much better than slipping on a banana peel, yes? Don't worry, there are plenty of pips to be made next week...

Mr Breakout (Day) Trading Journal

Out at 1.4770, +10 pips. Like I said, it was just a little snack.

Mr Breakout (Day) Trading Journal

Complex Head and Shoulders on GBP/USD (4h), this baby is going down very soon. Right, Bones... ?

Cable Update (GBPUSD)

12 pip spread on EUR/NZD?!? On Oanda for example the spread is currently less than 5 pips: url

Mr Breakout (Day) Trading Journal

His big cousin the GBP/NZD is also about to break from a long ascending channel. The breakout is usually to the downside for this type of configuration .

Mr Breakout (Day) Trading Journal

Good afternoon. The target for this short EUR/NZD position is 1.4750 (30 pips below entry price). However, this is only a little "snack" trade, (like eating Doritos chips), I will need to close the position at 3PM or so (EST, 8PM London), to avoid ...

Mr Breakout (Day) Trading Journal

Short EUR/NZD 1.4780, 35 pip stop.

Mr Breakout (Day) Trading Journal

"Hiding"?? There is nothing going on on the GBP/USD these days (just weird reversals and a lot of false breakouts) that's why I did not post anything on the cable thread lately, that's all. Feel free to add your own specific buy/sell ...

Mr Breakout (Day) Trading Journal

A breakout to the upside from a descending channel is still in progress on the EUR/NZD (15-min):

Mr Breakout (Day) Trading Journal

Out at 1.4800 on both short EUR/NZD positions, +47 pips (27 + 20). Total since the beginning of the first call (February 13): +134 pips.

Mr Breakout (Day) Trading Journal

Long again EUR/NZD at 1.4780, 30 pip stop. Two positions are now open, long at 1.4773 and this new one.

Mr Breakout (Day) Trading Journal

+25 pips, moving stop to break-even.

Mr Breakout (Day) Trading Journal

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List of movies or videos related to trading

Come on, I want to see at least 1.4800, chop chop.

Mr Breakout (Day) Trading Journal

New Zealand retail sales in less than 10 min (4:45 PM EST). Show me the money EUR/NZD! video

Mr Breakout (Day) Trading Journal

Take care Giulietta, thanks for stopping by.

Mr Breakout (Day) Trading Journal

EUR/NZD is trying to break through the high of the day, excellent...

Mr Breakout (Day) Trading Journal