trade plan 6-21

UsdJpy 1hr Divergent head and shoulders
NzdJpy 4h Head and shoulders
EurCad 1hr Divergent head and shoulders
AudCad 4hrs and 1hr Divergent head and shoulders
EurJpy 1hr Divergent head and shoulders

UsdJpy

Forming the right shoulder
Rejection  = Done 
Re test = Done
15 min crossover = Done
Macd confrim = Done 

Upon retest crossover of 15min was in progress which given me favorable 24pips stoplost
pepperstone = .05 target goal $44
Capital index = .07 targe goal $36
Capital index = .04 target goal $33
Total target $113 +15
Total risk $53 + 5
Ratio 1:1

Upon first pull back strategy which has the pattern of flag on 5 min i create new entry
pepperstone = .03 target goal is $15 55pips stop lost on the tip of the 5min flag pattern

HUMAN ERROR

• instead sell i click buy lost 0.22 cents
• entry on the flag channel is not on the exact position im 5 pips behind the mark advance set up is recomended

Profit
1st trade at .07 target goal reach $36 at 10:33 pm




NzdJpy

Forming the right shoulder
Rejection  = DOne
Re test = Done 
15 min crossover =
Macd confrim =

5:16 new Rejection form but close before the first rejection


EurCad
potential advance trading
head to neckline at 4:58 pm

Forming the right shoulder
Rejection  =
Re test =
15 min crossover =
Macd confrim =

Structure not form right shoulder is higher than head.
remove from watch list


AudCad
waiting to reach 618 on 1hr to form right shoulder

Forming the right shoulder
Rejection  =
Re test =
15 min crossover =
Macd confrim =


EurJPy

Forming the right shoulder
Rejection  =
Re test =
15 min crossover =
Macd confrim =


Observation:

to trade aginst the trend will consume lot of time  to reach the goal market movement is slow from your entry.

How to find market buttom on structure

Took the trade GBPJPY at 1AM

Rejection done
Retest done
15min cross over done
MACD confirm done

But the Position of the crossover candle is 66 pips which double the size allowable for Stop lost.

Solution use VIX FIX Buttom on 15 min

OBSERVATION  Doubted the system again because i violated number of pips allowed in stop lost.
  2nd time more than 30 pips stop lost I began to doubt.
  16hrs now still my trade did not push through consilidation on 4hrs


WIN trade but goal not hit Stop lost for safety trading was hit only geting $16 total in 2 account

Trade plan details 6-18

Audjpy

Rejection done
Retest done
15 min cross over done
Macd support = is not what i want to see but still i trade it here is the pic

I traded on the next candle making sure the macd that i want is in right direction number of pips is not compromise stil its 30 pips

Lost trade the MACD was right if histogram dont confirm better not trade



The trade plan is in this video

trade details 6-12

took the trade
AUDJPY


Rejection done
Retest done
15min Moving average cross over done
MACD confirmation done
Stop lost on favorable less  30pips away




As of 6-13 Asia time retest was form  which created new oportunity if this will be  followed

at 5:04 pm of 6-13 philippine time my running profit is now negative 50 cents since the retest is about where i start my trade. What is testing right now is my faith to trust the system I created but since i consider this a retest for this time i move my stop lost on structure based which is from 30 pips to 20 pips.


OBSERVATION

Along the way if Rejection come prepare for retest because of this a 30 pips take profit must observe to have one step forward to the market. I did not do this on this trade since my brocker doesnt allow me to trade anymore Next time i will be trading .05 so that i can observe 30 pips take profit. creating 2 trades which boost the percentage of winning.

15 min cross over = breaking the retest in 1hr

ENHANSMENT
USDJPY
head to neckline

15 min cross over did not break the 1 hr retest the market went to opposit direction which will be a potential Lost trade.  Start of the HEAD look to the left for Support and Ressistance.

1hr Rejection , 1hr Retest, 15min crossover and MACD confirmation is not enought to start to trade from Head to neckline