The markets are pretty much closed right now so I wouldn't read too much into it. Just judging from the bars near 1.5800, I don't see anyone defending that level but this could also be because it's Friday. Better to take a look at the market on ...

zoopy's trading journal

Me too. 100 is more than enough. Everytime the market creates waves too so everytime 100 pips.

zoopy's trading journal

Don't forget this post — Also... don't forget this post. You can find this one and others all in post#1 of my journal. I've created an index so you can find information quickly. url The above link is to a post I created on round numbers and ...

zoopy's trading journal

Good idea. Stick to the plan. It may still make another wave up but I'm not sure how big the wave will be. Might still be able to get 100 pips. Will see next week

zoopy's trading journal

0.9600 might be a good entry. If you can get it lower, even better. Or... let it drop below 0.9600 and when it goes up, buy in at 0.9600. That'll work too.

Trading Aussie Jacko Style

Because usdjpy is closely correlated with eurusd, gbpusd, usdchf. I believe it's also closely correlated with the Dow Jones. If you were watching the other pairs, they're hammering the USD right now because of bad NFP numbers that came out this ...

zoopy's trading journal

Thanks Fanias I'm not sure if usdjpy will turn up. I think the current wave may end up collapsing. Will have to see what happens next week.

zoopy's trading journal

I think we're going to experience a very bad crash soon. I'm seeing waves collapse all over the place lol. I missed my sell on gbpchf... had 2 opportunities this week. Caught the one but missed today's. Of course today's had to be the biggest one ...

Tiki Trader Trades

This is why you follow the direction that the waves break — This is a good example of why I follow the direction that the waves break. Look at oil... kinda extreme if you ask me but proves my point. Don't try and pick tops/bottoms, follow the ...

zoopy's trading journal

eurusd daily waves — This is a view at what's happening on the daily timeframe. We're about to break a wave to the upside. If we get a confirmed break by the end of today, look for a big pullback (I believe we'll get one early next week ...

zoopy's trading journal

Put to shame once again — lol... ok so I was checking the movement on euro vs gbpjpy again today. Once again eurusd put gbpjpy to shame. As of now... eurusd = 201 pips gbpjpy = 131 pips One of these days we will have to nickname the eurusd ...

zoopy's trading journal

I'm surprised that one didn't pull back. It's already so far from the 5 EMA lol. What I noticed in particular with the 5 EMA is when price gaps away from the EMA and you have a complete candlestick/bar formed, there's a very high probability of it ...

Tiki Trader Trades

Why you must wait for price to turn around — This is an example why you MUST wait until price turns around. On usdchf there was a buy signal first but then price dropped and the wave collapsed. When this happens, you exit your buy if you took ...

zoopy's trading journal

Yes, but only if it turns around and starts going up. Don't go long yet, wait for it to turn around then buy.

zoopy's trading journal

eurchf setup... maybe next week — This could be a good setup to short if we make a big pullback today. If price goes to around 1.6185 and starts to turn south, that would be a good opportunity. Have to wait and see.

zoopy's trading journal

Still chugging along lol — Aussie is still chugging along. Slowly but surely. 100 pips soon

Trading Aussie Jacko Style

gbpchf 4 hour: collapse — Very big collapse on gbpchf 4 hour chart. Bias for this pair is still down.

zoopy's trading journal

cable 4 hour: wave break — Just noticed cable has broken a wave to the upside. End of this hour it will be confirmed if we end up above the horizontal bar. I'd wait for a deep pullback and price to turn around then start buying. Bias for this ...

zoopy's trading journal

audusd 4 hour wave break? — The aussie is on the verge of breaking another wave going up. I'll have a better idea at the end of this hour but if it does... we're continuing in this direction.

zoopy's trading journal

eurchf 4 hour: wave collapse? — This pair has dropped very, very quickly after my last few posts. When I see a pair do a free fall the way this one has just done and there's momentum behind it, I don't wait for the close, I send in the army. ...

zoopy's trading journal