1.5750 trade knocked out this morning — 1.5750 trade was stopped out with +30 pips

zoopy's trading journal

I remember when that happened a while back with eurjpy. Everyone was saying 150.00 was a big psychological level so they started shorting. Any reason to short like the BOJ will intervene or G7 talks. Yet... when you look back at the chart, it ...

zoopy's trading journal

Looks like the train started again. 1.6000 here we come lol.

zoopy's trading journal

4 out of 5 should do. We have to make it realistic plus most of the times when it happens, it's overnight when I'm asleep. That's usually the movement I'm implying to.

zoopy's trading journal

If Bernanke or Bush was to speak tomorrow, we'd know which direction to go lol

zoopy's trading journal

LOL... wthell? I noticed my euro spread on Oanda has gone up to 1.2/1.6. Usually it's 0.9 I think. Judging from your spreads though, I'm not sure why I would want to trade euro when I could easily make money on gj. All you need to do is follow the ...

zoopy's trading journal

daily pinbar formed — Ok... so we have a daily pinbar. However, the prior bar is a Sunday bar (on the ibfx feed) so I'm not sure how effective this one will be. In any case if price does decline, the next level I'll be looking at is based on ...

zoopy's trading journal

outlook may change — My outlook for eurusd may change later tonight depending on the daily bar. Right now we have what appears to be a pinbar meaning a possibility of a downward move. IF it is a pinbar (I'll know at 8:00pm NY), I'll be ...

zoopy's trading journal

Buyer again at 1.5750 — lol... I'm not sure if this is good or not but everytime this Euro drops back I just keep buying. If it goes up and I cash in again and it again drops... I'll again keep buying.

zoopy's trading journal

Buyer at 1.5700 — Market dropped further so I entered in at 1.5700. Lets see if this level holds... edit 10:09am NY: Price is at 1.5754. 50 pip trail in place. Free trade. 11:45am NY: Trade knocked out +40 pips

zoopy's trading journal

An easier approach to entries — This past weekend I was going through my journal and the entry approaches I posted in post#240. Thought to myself even though those charts are clear and simple, there has to be an easier way. Here is a better ...

zoopy's trading journal

I'm a buyer at 1.5750 — I'm a buyer at 1.5750. I will be giving my explanation to this and an easier solution to entries in the following post. edit 8:50am NY: Knocked out at breakeven.

zoopy's trading journal

Oh, I wasn't saying I'm a buyer at 1.5700, I was just saying the gap was likely going to be closed lol. Right now Jacko is on vacation and I think that was a smart move. Although I know he'll probably read this and gnash his teeth because he could ...

zoopy's trading journal

No kidding. I was looking at my charts now and there's a pretty big gap. It may close that gap and retreat back down to 1.5700 since that's the closest round number. Or... I may be totally wrong and it goes straight to 1.5800 LOL

zoopy's trading journal

charts for this week — I've posted two charts showing areas of interest. The daily shows possible support at the 50.0% fib retracement (1.5050/1.5000). Also included is another area of support on the 4 hour based on PPZs (1.5250). Right now ...

zoopy's trading journal

Possible entries on the 4 hour — I've decided to post 3 charts of possible ways to enter on the 4 hour time frame. Keep in mind this is more of an aggressive approach to trade Jacko's method and I have NOT done extensive tests on this. Please ...

zoopy's trading journal

Bernanke IS the Holy Grail — lol I think what amazes me most about that analysis (even though it is for fun and I don't trade off it) is how accurate it is. I see a lot of traders in the forums thinking up the most complexed systems using tons ...

zoopy's trading journal

Don't feel bad about others making a profit. Also don't compare yourself to them. I haven't traded the euro in about 2 weeks now because I'm waiting for a decent pullback. My entries are heavily based on support using the line chart (although there ...

zoopy's trading journal

haha I know. I saw euro go up then wondered whether I should change it. It was a delayed reaction, maybe I should call it 5 for 5 instead because technically speaking that WAS 12 hours before he spoke.

zoopy's trading journal

4 of 5 — Well... unfortunately eurusd didn't go up overnight. That makes it 4 of 5.

zoopy's trading journal