I think I like the way this looks.... and the lower highs that keep getting rejected..... we'll see, it just takes time ;o)

DU23 Journal of a journey?

Continuing to hold short position in E/U until further notice.

DU23 Journal of a journey?

Short E/U @ 1.4976 SL @ 1.5026 TP @ 1.4890 Short on E/U daily chart as the 15 MA is lagging well behind and price need to retrace back to that MA before heading further north. TP is set just above the 15MA on the daily chart. Also reinforcing this ...

DU23 Journal of a journey?

TP hit on last trade for +71..... sweet trade after that previous loss ;o) Profit since beginning: +421 From start of week: +231 Account balance: $333.00 Return since beginning: +800% Return this week: +109% Goal for week ending 11/13/09: $256.00 - ...

DU23 Journal of a journey?

Charts for previous post

DU23 Journal of a journey?

Short G/U @ 1.6751 SL @ 1.6790 TP @ 1.6680 Short on the G/U. The 1H MACD is in complete unwind mode. we are seeing a steep drop in it and price should follow with a decent retrace before heading back north again. Also on that chart you notice that ...

DU23 Journal of a journey?

Stopped out on last trade for -27. I had the SL set 2 pips too high. Live and learn, i normally set my stops one or two points below where I think it should be to be safe but failed to do that for this trade. Had I done that we would still be in the ...

DU23 Journal of a journey?

Also short-term long here from 90.00 with stop at 89.73 and TP @ 90.65 See my last post @: url for further explanation of my trade.

USD/JPY Discussion

Long U/J @ 90.00 TP @ 90.65 SL @ 89.73 I have gone long U/J at 90.00. There appears to still be plenty of downside momentum on this pair however in looking at the daily chart it appears that price will need to retreat to the 15 period MA before ...

DU23 Journal of a journey?

Closed out long G/U position @ 1.6823 for +187 Closed position as G/U has blown me away over night and reached upwards of 1.6840 much faster than I thought it would. I believe this pair will still definitely make it to 1.6900 however with such a ...

DU23 Journal of a journey?

Long G/U @ 1.6646 SL @ 1.6590 TP @ 1.6930 Long on the G/U as daily chats have just flipped the parabolic SAR into upward direction. The MACD seems as its in the middle of a recovery from hitting its last oversold area. It also appears to have plenty ...

DU23 Journal of a journey?

Alright! TP was hit on U/J trade for a profit of +85 pips!! We were spot on for the TP. Was a bit early on the entry and could have taken some profit on the first leg down then re-entered for the leg down again today however I was not so diligent in ...

DU23 Journal of a journey?

Still continuing to hold the U/J short from last night. It dropped to 90.00 and has since recovered. It appears there was stronger resistance at that level that I should have paid more attention to and placed my TP there and my SL a bit closer. Oh ...

DU23 Journal of a journey?

Im short from 90.55 and holding - targeting 89.70 with SL @ 91.05

USD/JPY Discussion

Sold U/J @ 90.55 SL @ 91.05 TP @ 89.70 Sold U/J at 90.55 off the 1H chart - MAs turned over to the down side with a falling MACD. Price appears to be at the top of a channel between 91.25 and 89.45. It has been riding a trend line up and appears to ...

DU23 Journal of a journey?

closed previous trade from earlier this afternoon for +32 @ 1.4871 Running total: +105 New trade to follow shortly

DU23 Journal of a journey?

TP on last trade hit for +73 New Trade: Long E/U @ 1.4839 Stop @ 1.4790 TP @ 1.5000 Long E/U on daily chart ahead of news. MACD has started to turn up more than I thought, previous days bad had a nice spike down with strong re-trace back up right ...

DU23 Journal of a journey?

Profit currently at +43...... Moving stop loss on E/U trade to just above entry point @ 4730 ahead of news releases. Need to protect myself in the event the news skews my current setup. Trading for free now, not bad ;o)

DU23 Journal of a journey?

I decided to open my long early at 91.15. It doesnt look like we'll make it down to 90.78 unless durables come in worse than expected. In the event they come in horrible I have my stops at 90.60...... time to sit back and wait for a while...

USD/JPY Discussion