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zoopy replied Jun 8, 2008audjpy 4 hour — Since some trade audjpy, here's my 4 hour view. Wave broke to the upside, bias is up. No waves have collapsed yet.
zoopy's trading journal
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zoopy replied Jun 8, 2008gbpjpy 4 hour — Interesting what's going on here after how gbpchf dropped on Friday. This pair the wave broke to the upside, we had a pullback and looks like we may be headed up. Bias for this pair is still up since we have waves breaking to ...
zoopy's trading journal
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zoopy replied Jun 8, 2008usdjpy 4hour — Here's a revised usdjpy 4 hour wave chart. We did not get a confirmed collapse of the current 4 hour wave. Bias for this pair is currently still up. Will be checking up on this in 4 hours time to see what happens.
zoopy's trading journal
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zoopy replied Jun 8, 2008usdjpy 4 hour — May have a wave collapse on usdjpy. If price closes below horizontal line, we have a confirmed break and my bias for this pair will change to down. Edit: 4 hour period ended. Price is above horizontal line. Bias remains up.
zoopy's trading journal
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zoopy replied Jun 8, 2008Some very good questions
— So glad I had lunch before reading this. haha I abandoned the scout idea more because it made things more complicated than they really needed to be. Believe it or not, there were 2 or 3 occasions where instead of ...Static's Place
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zoopy replied Jun 8, 2008For those awkward trading hours — When you have to trade early in the morning, one of your market weapons should be coffee. You don't want to place stupid trades when you're half asleep lol
What are your market weapons?
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zoopy replied Jun 7, 2008Did you miss your Timmies? lol My journal I'm focusing more on trading concept/ideas and process rather than recording of actual live trades. I started recording live trades at the start but then realized it didn't really add value to my journal. ...
Static's Place
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zoopy replied Jun 7, 2008Just a reminder for myself — This is just a reminder before I head out... I may be looking at an alternative to entries which will solve the stops problem. The idea will incorporate round numbers as a "tool" since they contribute to price ...
zoopy's trading journal
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zoopy replied Jun 7, 2008Welcome back — Welcome back Static. Looks like you had a great time
As for your journal and trades, keep at it. You'll find when you look back every now and then it'll help you immensely. zoopyStatic's Place
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zoopy replied Jun 7, 2008Thanks — Hi Yamin Thanks for dropping by. I look forward to following your progress in your journal as well
My journal has been very helpful especially with this recent wave stuff. Remember a few months ago I was using trendlines, 50.0% fib ...zoopy's trading journal
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zoopy replied Jun 7, 2008Agree 100% — Very true Fade. That's why I trade on the basic principle of what defines a move up vs a move down. Even though my analysis of waves can have a high probability in determining direction, there HAS to be a point where I will be ...
zoopy's trading journal
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zoopy replied Jun 7, 2008Very good post by Jay Norris — Need to add this to my journal because I find this article very important and something I'm also coming to grips with. Read below... One of the most common mistakes non-professionals make in trading is they ...
zoopy's trading journal
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zoopy replied Jun 7, 2008Summary of my current wave trading — Figured now would be a good opportunity to step back and look at my development as far as wave trading goes. This way I can see what may have been overlooked and what areas may need improvement or needs to ...
zoopy's trading journal
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zoopy replied Jun 7, 2008Fade The trend on eurusd 4 hour was bearish until Thursday afternoon when it broke a wave upwards. That was the reason why I went long. I didn't document this in my journal (although I did mention my bias had changed to "buy") as it's more the ...
zoopy's trading journal
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zoopy replied Jun 7, 2008Stops — Stops I'm still working on. I haven't come to a conclusion on this yet. However... I'm going to take note of two possible options I'm currently thinking of. 1. Since we're waiting for price to turn around and close, a 100 pip stop may ...
zoopy's trading journal
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zoopy replied Jun 7, 2008scaling in > all in adjustment — Been doing some thinking and analysis on the idea of scaling in vs all in. I did a write-up of this in my journal a while back (see link below). url Because of an adjustment I've made where I wait for ...
zoopy's trading journal
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zoopy replied Jun 7, 2008eurusd weekly waves — Here's a follow up to the last post just to clarify my intentions with waves. If I was using the weekly chart, I would have been in since 1.4800. I would also be very bullish since the last set of waves to collapse came ...
zoopy's trading journal
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zoopy replied Jun 7, 2008Fadetobla If I was trading strictly Jacko's methodology then I would have entered in at 1.5400 because there was support there plus it's a round number. I also did stick to my plan since I'm testing waves and I WAS trading with the trend based on ...
zoopy's trading journal
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zoopy replied Jun 7, 2008Hey Barak This week was about a scratch for me on the euro. I managed to catch some of the move yesterday with a small position but earlier this week I was doing counter trend trading (I hope Jacko doesn't see this lol) and took a hit. I've been ...
zoopy's trading journal
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zoopy replied Jun 6, 2008lol. Euro is like a currency pair on steroids. I think we're going to break 1.6000 soon the way it's climbing so fast. Once we break that... the flood gates are open to 1.6500!
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