post#1054 progression — Here's a chart of the progression that the eurchf is taking after my analysis was made. Going to be interesting to see if this one drops the 100 pips.

zoopy's trading journal

audusd: 4 hour analysis process — Figured I'd post this as an "example" of how I analyze the waves. On Jun 4, 2008 8:05am I posted the following charts in the "Trading Aussie Jacko Style" thread and my views for the pair based on the wave ...

zoopy's trading journal

Follow up on post#1054 — Following up on post#1054, price has started to show signs of turning around. Because momentum has picked up, I would probably send in my scout placing my stops at my previous wave's high (see post#1054). Then... at ...

zoopy's trading journal

oil 4 hour: wave broken to upside — Oil is headed up! 4 hour wave broke to the upside. At 12:00pm NY my 4 hour period will end giving me a confirmed break. Because of the break, there's a high probability we will be making waves going up in ...

zoopy's trading journal

line chart — Hi Turnip It's a line chart and I believe it's based on the closing price.

Jacko's Forex House of Pleasure and Pain

Example of stop placements — Here is an example of how stops are managed. On the eurchf 4 hour we have a very big wave which collapsed to the downside. When price starts turning around (I would prefer it to dip a lot more than it's doing now, ...

zoopy's trading journal

Hi Goon On the chart that I posted I would want my stop at the bottom of the previous wave which would be around 0.9495. You could use 0.9525 but there's a greater chance of being spiked out since that's the current wave. Think of the market ...

zoopy's trading journal

Ok, just wondered about that because I'm thinking about using a similar approach with my wave trading. If you're not using a stop, how are you calculating each position size? 1% based on a 200 pip stop or...?

Tiki Trader Trades

Not sure if you mentioned this and you probably have before. Do you use stops or pull the trade manually based on what you see? I can see where you're going with the long bars or PA towards the 5EMA as well. Makes a lot of sense because price will ...

Tiki Trader Trades

An example — Here is an example of what I will be looking for in the future. Earlier in the week, the aussie 4 hour broke a wave to the upside. The movement up and the pullback has been highlighted using yellow lines. What I will then be ...

zoopy's trading journal

Something that I'll be considering... — Something that I have been reconsidering as of late and something that I was doing at the start was to wait for price (line) to visually turn around. The reason for this is because it visually represents ...

zoopy's trading journal

lol. Right now I'm only trading eurusd but messing around with waves on other pairs. Figured after today's insane movement on euro, one of those pairs had to be a good TT5 setup. Can you believe eurusd moved 233 pips today? It even put gbpjpy ...

Tiki Trader Trades

ej? — Hey Tiki What about eurjpy short? Would that be considered a TT5 trade? Seems quite far from the 5 EMA.

Tiki Trader Trades

Thanks! — You know... I was actually thinking the change would bring strength to the USD but after reading your thoughts on it, not so sure now lol. Should be interesting to see what happens. Thanks Pip.

zoopy's trading journal

lol. I was joking about euro moving more than gj but when I went to calculate it, I found out it actually DID move more. One thing's for sure, never say never with this euro. Every time you say that, it goes ahead and does it.

zoopy's trading journal

oil 4 hour wave — Will be interesting to see where oil turns up tomorrow. We've created a very big wave going up. It's still currently in sell mode but if we break the previous wave's peak, oil is back in buy mode.

zoopy's trading journal

eurusd wave break — Trade pulled. Eurusd 4 hour wave broke to the upside. This is a confirmed break and my bias is now bull on this pair. I'm now going to wait for a pullback before going long. Preferably as close to 1.5400 as possible. Maybe ...

zoopy's trading journal

The day eurusd put gbpjpy to shame lol — Thought I would post this since I find it funny. Plus... good to have a record of these movements every now and then. Statistics for today's movement eurusd = 233 pips gbpjpy = 189 pips gbpusd = 135 ...

zoopy's trading journal

Daily support — No since I'm busy testing something else but there was daily support there (1.5400). Here's the line chart showing support.

Jacko's Forex House of Pleasure and Pain

The move itself didn't surprise me. I already knew something was hiding behind 1.5400 when price hit 1.5420. What surprised me was the SIZE of the move. A year ago euro was moving around maybe 80-90 pips a day. Today alone we made a move of 200 ...

zoopy's trading journal