Saturday, June 30, 2018

July 2 trade plan



Priority

UsdJpy Divergent head and shoulders 1hr
GbpJpy Divergent Head and shoulders 4hrs
AudJpy Divergent Head and shoulders 4hrs
AudUsd Head and shoulders 1hr
EurAud Divergent Head and shoulders 1D

Non Prio

EurNzd Head and shoulders  4hrs
GbpAud Head and shoulders 4hrs
AudNzd Head and shoulders 4hrs


UsdJpy

Timeframe = 1hrs
Divergent = Yes
.618 rule = Still on neckline
Reject =
Retest =
15min =
MACD support =
Stop Lost > 35 pips =


GbpJpy

Timeframe = 4hrs
Divergent = Yes
.618 rule = Still on neckline
Reject =
Retest =
15min =
MACD support =
Stop Lost > 35 pips =



AudJpy

Timeframe = 4hrs
Divergent = Yes
.618 rule = Still above neckline
Reject =
Retest =
15min =
MACD support =
Stop Lost > 35 pips =



AudUsd


Timeframe = 1hr
Divergent = No
.618 rule = Yes
Reject = yes
Retest = yes
15min = yes
MACD support = yes
Stop lost = 21 pips

At 10:45 Am July 2 I took the trade
Done at 11:30 pm hiting $65 and $20 for other account
Did not exit the 2nd trade for chance to swing trade target = $100 for 30 cents per pip






EurAud

Timeframe = 1day
Divergent = yes
.618 rule = almost on the mark
Reject =
Retest =
15min =
MACD support =
Stop Lost > 35 pips =

This is one day so reject and retest is required in 1 day time frame



Non prio pics but potential










Monday, June 25, 2018

Trade Plan 6-25

EurJpy Divergent Head and shoulders 1hr
EurChf Divergent Head and shoulders 1hr
EurNzd head and shoulders 4hrs
Audchf Divergent head and shoulders 1hr


Eur Jpy

Rejection = Done
Retest = Done
15min crossover =
MACD =

EurChf

Rejection
Retest
15 min crossover
MACD

EurNZD

Rejection = Done
Retest = Done
15min crossover =
MACD =

AudChf

Rejection = Done
Retest = Done
15min crossover =
MACD = 

Saturday, June 23, 2018

This what learning can do


I strongly believe by know your identity will lead you to consistency. that is why Learning is the key essential in trading. Better know who you are and what you are as a trader. you can try other strategy for you to see if it fits your personality but you can never copy it even though it bring a lot of money to them.

Thursday, June 21, 2018

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.