Thanks Buddy.

The sacred edge 2.0

Today has been a boring day. Little movement on my trades. Im leaving audusd long and nzdusd short as a hedge.. Banking on EURNZD to make the pips. Im out. Till Asia/london.

The sacred edge 2.0

100pips stop . EURNZD looks more attractive to me than NZDUSD. Also more profit potential. So moved stop to Breakeven on NZDUZD. I will let her run. If it continues my way all good. AUDUSD can go either way. I will exit AUDUSD if it heads back into ...

The sacred edge 2.0

Im short NZDUSD. This implies im currently long AUD, short NZD. and hedged on USD. Dont care what the dollar does. Further implication is that AUDNZD should rally to satisfy both trades being succesful. So im indirectly long AUDNZD. Very tricky combo

The sacred edge 2.0

NZDUSD is the only pair ive found which I can trade as it has retraced most of yesterdays move. Waiting for setups

The sacred edge 2.0

Its possible the correction fails but I wont be taking trend continuation trades until I see the corrections I expect. This is a good time to take a break. The ranges are too wide.

The sacred edge 2.0

Expecting major corection on AUD pairs. Dont usually trade counter trend. But these setups are unique because of yesterdays panic selling. We need some more corrections before continuation

The sacred edge 2.0

Expect todays panic moves to do major correction or possile 80% retracement before continuation

The sacred edge 2.0

Youre welcome buddy. Enjoy the pips

Discovering An Edge

Thanks Buddy. May the Lite be with you

Book of LITE

Driving now. Away from trade station but ca. See whats goin on In the market. Those calls were based on daily and 4hr. Just seeing that the market is doing a crazy move. Wonder whats going on. Lemme check

The sacred edge 2.0

Cup and handle formation failed and initial proposed termination points reached. Ive left 300pips on the table for GBPNZD trade but im not bothered. Next trade will set up

The sacred edge 2.0

Experience truely is the best teacher. Playing out just as I anticipated. Cup formed. Handle forming. May or may not complete the handle. Lets see

The sacred edge 2.0

Need to take my own share of Eur and Jpy strength. Waiting patiently.

The sacred edge 2.0

Thanks Julee. Welcome on board

The sacred edge 2.0

Safe haven plays in control. Market in risk aversion mode So JPY, CHF AND EUR are in charge. USD kind of neutral but should pick up strength as the days go by.Commodity currencies NZD flowing with asia turmoil and milk prices. ,AUD flowing with ...

The sacred edge 2.0

Experience has also taught me that such moves may end at current levels with a cup and handle formation. Meaning price can retrace this move and come back to clear the top/bottom of current spikes/dips. Followed by consolidation or continuation of ...

The sacred edge 2.0

Playing out as expected. NZDUSD should hit 1st termination point 0.6550 while GBPNZD 2.39 sjould serve as 1st termination point. Im done with these setups. Waiting for my next signal

The sacred edge 2.0

Great start to a new week. Replaced NZDUSD shorts with GBPNZD longs because the latter had more profit potential. USD has recently been battered. This move was based on NZD weakness. Though NZDUSD still has potential to hit my targets as i also have ...

The sacred edge 2.0

Hey Lite. Was checking on you and realized you started a journal way back. Great stuff

Book of LITE