Raz, I think your journal is about to become the most viewed journal on forex factory

Dumb blonde trading...

Information manipulation — Just wanted to post this to show how "zooming in" quite often clouds the real picture. This is similar to the "squeeze effect" I wrote about a while back in my journal which can be found through the index. When one ...

zoopy's trading journal

You may want to zoom out a bit to see the size of those waves relative to the ones prior to the current set of waves. Those waves seem relatively small to me compared to the ones I've marked down in my chart. Another way to think of it... The bigger ...

zoopy's trading journal

It's making up for the crazy movements we got a week ago where we hit 400 pips within 2 day lol. I have a feeling the wave I should be following is the one which collapsed. The more I look at the waves, the more I see the one retracement up as noise ...

zoopy's trading journal

x.xx00 / x.xx90 / x.xx80 / x.xx70... — 5500...5490...5480...5470 I don't see any buyers and we're approaching 5470. Whenever I see the x.xx70 level give way, that's usually the backbone and the price slides down to the next x.xx00 level. ...

zoopy's trading journal

Thoughts on eurusd — Today we didn't get much movement on the eurusd which was a little surprising after all the big news that came out. I also noticed throughout the day although we did manage to get above 1.5500, the move wasn't one that ...

zoopy's trading journal

Stepping back — Just wanted to take some time to reflect back on some of my trading up until this point and things which I'll most likely be changing with my wave trading. STOPS After reading through Peter Crown's post, what I'm going to be ...

zoopy's trading journal

Advice from a former pit trader — I was reading the "No Free Lunch but all the Free Coffee you can drink" thread and a former pit trader (Peter Crowns) gave some very valuable advice in a post which I'd like to add to my journal. I have a few ...

zoopy's trading journal

oil 4 hour collapse — Oil had another wave collapse.

zoopy's trading journal

Yep Hopefully we have more momentum behind this move. If we break above 1.5800 and close then the daily wave has broken to the upside.

zoopy's trading journal

eurusd on watch — Keeping an eye on this pair since it's creeping back up again. I've highlighted the area I'm watching closely. Will be watching 1.5500. If we get to 1.5600 and close then we're definitely making waves up so it's just a matter ...

zoopy's trading journal

Possible wave structure for eurusd — Happened to be looking at the eurusd again but from a distance and the wave that I was currently using as reference may be noise instead (this is the reason why you shouldn't zoom in too close and sometimes ...

zoopy's trading journal

oil 4 hour wave collapse — Just noticed oil has a 4 hour wave collapse and this one is confirmed. Bias for oil has now changed to down.

zoopy's trading journal

I mentioned pullback because that's what I look for. I have no idea where it will pullback. Could be round number, could be 50.0%, maybe support or resistance, who knows? I can't tell the future so I let the market tell me instead since it's always ...

zoopy's trading journal

gold 4 hour wave break — Like oil, gold has broken a wave to the upside as well. 1. Trade the break 2. Wait for pullback 3. Buy as price starts moving up

zoopy's trading journal

oil 4 hour break — Oil had a 4 hour wave break to the upside which would have been a good opportunity to go long. Then... there was a pullback and again back up another good opportunity. I've placed arrows where I would have entered if I was ...

zoopy's trading journal

lol. As long as there's waves, I'm happy. Waves = opportunities

zoopy's trading journal

13 of 18 — Tally for Bernanke stands at 13 of 18.

zoopy's trading journal

Keeping it simple is exactly how I think trading should be done. You're on the right path

Journey Forex GBP/JPY - mostly same day trades

eurusd 4 hour wave break — eurusd has just broken the current wave to the upside. If we close above the highlighted line at 8:00am NY then I'm biased to the long side and will only be looking to buy. Edit: Eurusd has a confirmed break of the ...

zoopy's trading journal