Just sold GBP/JPY as I saw that price had touched the upper border. The channel is a bit widening, so I think this might mean that there's a higher risk to trading this formation. Entered at 129.888, SL above the day's high at 130.21. TP - 128.5. ...

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Was going through my old journal (which is in the recycle bin) and I saw this: image I feel honoured that someone is taking the time to read my old journal, even though I think it was crap, especially when there are quite a few better quality ...

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My USD/JPY 18.1 short order got activated and I'm putting a reverse at 82.03, stop at 81.71. Also, it looks like we had 18.4 EUR/CHF. Now let's play a game of "Is Mizuno going to be stopped out on EUR/CHF or not?" Here's how it looks like what's ...

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I think this was the only true recent diamond. Main diagonal was pointing up, and it broke to the downside, reaching its target. image

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And the answer is, it would've been a little bit crazy. Good thing I did not trade something I wasn't sure about. image

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Don't think this was a diamond. What I think happened, was that the market was forming a broadening triangle first, then it changed it's mind and started forming a rough horizontal channel like symmetrical formation. Those elusive diamonds. image

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Not sure if this was a diamond. I think it should have made an approach/break of the lower border of the right hand side of the triangle after defining the upper border. image

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The retrace happened, as I guessed. Didn't enter on it, posting for the record and for the precision of the re-approach. Beautiful. Oh, Miss Market, you so fine, you so fine you blow my mind. image

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My EUR/CHF sell was doing quite good yesterday, but not as quite today. The most it reached was roughly 1:3 R:R, and I do not want to close it prematurely. I didn't even move my stop yet, it's in the original position. If I get stopped out I get ...

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Order for 18.1 on USD/JPY, which also coincides with a triangle pattern. If it gets broken a sell position will be established @ 81.726, with a stop above the day's high at 82.02. TP - 81.25 (~90% ADR). It is relatively late to trade this template, ...

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Here's a setup on CAD/JPY. It is high risk, as neither of the borders is confirmed with 3 touches. However, the lines are nearly completely parallel on fxTrade and completely parallel on MeatTrader4, so I'm willing to take a bet. Two trades with ...

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Was away and by the time I came back the EUR/USD tl got broken. So the only option left now is to wait for a retrace back to the trendline. Also I do not see a high close enough to the TL which could've been used as a stop, so if I had sold it ...

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Back in March 21, 2007: I'm not sure if the 00:00 coincides with New Z. open time, it might be off by a few hours. image

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USDCHF intraday diamond in progress? Looks like it. If I'm not mistaken this is a single diagonal diamond, and as it is pointing up we should see it breaking to the downside. image

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Just realised, this looks somewhat like a H&S formation. So a sell trade would be trading the trendline break.

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First order for the day: Selling EURCHF @ 1.3388, stop - 1.344 (intraday high), TP - 1.31. The profit target is based on a divergence on H6. It's a non standard time-frame, but my opinion is that there will always be a divergence happening on some ...

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Support on EURJPY. I wonder how crazy would it be to sell the break? The day's range is too big. I could sell with a stop above an intraday high but I have to wait until an appropriate high is formed. I could also simply sell with a fixed distance ...

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4 touches on a rising TL on EUR/USD. I'd like to sell the break of that trendline, but the daily range will be more than 100 pips by the time it gets broken (if it happens today), so that means there is no reliable place for a stop. I could use an ...

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The right hand side of the diamond could've also been looked at this way: image

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Now if that was a legit diamond on GBPUSD, then the question is if this is a legit diamond as well? Some similarity on the right hand side of the diamond. image

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