Highly tradeable pair.
Harmonic pattern forming within another harmonic pattern.
Confirmation occurred early this morning.
Spread was 6pips when I open entry.
Position closed with +29pips when candlestick showed price weakness.
Friday, February 1, 2013
AudNzd H4 successful trade
Highly tradeable pair.
Harmonic pattern forming within another harmonic pattern.
Confirmation occurred early this morning.
Spread was 6pips when I open entry.
Position closed with +29pips when candlestick showed price weakness.
AudUsd at H4 successful trade
Trade primarily uses harmonic pattern as basis for trade identification.
Using other indicators as tools to confirm that the harmonic pattern is a valid one to open a position.
This particular pair AudUsd at H4 was closed at profit of 35pips.
More trades to share after this.
Tuesday, August 31, 2010
Small profits for two days straight
It was not the best of my performance but at least they are in the money for straight two days. Was not sure how market is moving and only took small profits for EUR/USD.
Today marks the third straight profit month for me. Well done!
Your trade results will show if you are doing what is correct or you are doing what you like
Today marks the third straight profit month for me. Well done!
Your trade results will show if you are doing what is correct or you are doing what you like
Monday, August 30, 2010
Quiet Friday with dramatic moves at night
Market last Friday was very quiet as investors are watchful over what Bernake has to say.
Interestingly, he did not say much and market just go haywire for a good 2 hours. Market dived and surged with no reason, simply chaotic.
As there is no clear sign of where the market is going, it is best to just take small profits and exit. There's always another day to take money off the table.
Your trade results will show if you are doing what is correct or you are doing what you like
Interestingly, he did not say much and market just go haywire for a good 2 hours. Market dived and surged with no reason, simply chaotic.
As there is no clear sign of where the market is going, it is best to just take small profits and exit. There's always another day to take money off the table.
Your trade results will show if you are doing what is correct or you are doing what you like
Friday, August 27, 2010
Recommended reading: The Quants
It is quite an interesting book to read. Especially for those who are into Technical analysis.
Your trade results will show if you are doing what is correct or you are doing what you like
3 months straight profits
System is getting stablised and for the past 3 months, the account has been staying positive. Profit has been ranging from 7pips to 15pips. Looking at possible increase of profit target.
Looking forward for another 3 months of straight profits to confirm that the system is sustainable.
Your trade results will show if you are doing what is correct or you are doing what you like
Looking forward for another 3 months of straight profits to confirm that the system is sustainable.
Your trade results will show if you are doing what is correct or you are doing what you like
Monday, May 24, 2010
6pips long EUR
Big plunge during Asia timing, 3pm and invalidated short term uptrend. Grabbed 6pips long EUR.
Your trade results will show if you are doing what is correct or you are doing what you like
Your trade results will show if you are doing what is correct or you are doing what you like
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