Recent trades

Short USDCAD, Daily entry @1.00694 at the break of the red big candle.

 Target hit @1.00250 for a gain of +45

Long GBPJPY, Daily entered @153.996 on the pullback candle.

Edited Thursday, May 09 at 3:49PM
GBPJPY target was hit @155.750 for a gain of +175

Shorting the AUD

This is from last week's watchlist. Shorted AUDUSD, Daily filled @1.02770 trading with the previous momentum. Support marked to the left has been broken and recently successfully tested.

Good luck trade well my fellow traders. :o)

Edited Monday, February 18 at 7:40AM
Did not take long my stop loss got hit for -18

From Februay 4-8 Watchlist

Limit order to buy EURJPY, H4 was filled last night @125.699. This is pullback continuation. Another buy limit order has been placed @126.000

Edited Wednesday, February 6, 2013 at 7:17AM:
The paper profit on this particular trade have exceeded 100 at one time, I thought I could let it run more "greed" :o) so I initiated a trailing stop manually of course. Last night the stop was hit @126.44 a gain of +38 less than half of what it should be but that's ok.

This is the beauty of trading anything can happen you never know you can guess all you want, you can be right or wrong. One thing is sure you must always protect your capital.

Limit order to short AUDNZD, H4 filled @1.2340 another pullback continuation based on the prevailing trend. Congestion below might cause price to stall a bit. It will be watched.

Edited Wednesday, February 6, 2013 at 7:39AM

AUDNZD, 4H short still on the move. Stop point  red dotted line has been adjusted to protect gains.

Edited Wednesday, February 6, 2013 at 11:35PM

Stop point  was hit early today got out @1.22750 for a gain of +26. Price came back up strong as evident of that wide range bar..

Edited Tuesday, Febraury 05, 2013 at 8:54AM PST:
Waiting for the opportunity to short. GBPUSD, Daily

Edited Wednesday, February 06, 2013 at 7:46AM
No much action but its getting closer. Keep on waiting.

Missed Ops from my Watchlist

Watchlist update for the week of January 28 - February 01: EURAUD, Daily missed the pullback to support.

AUDCHF, 4H missed the pullback to resistance and formation of 2 bar reversal

Oh well, I'm sleeping at the switch :o)

Chickin' Out on AUDJPY

Sold my AUDJPY long position yesterday morning @ 94.12 for -17. Got scared due to retracement from other pairs the night before. In my mind I rather take the first small loss than get out with a bigger one. I will buy AUD if the price action favors the preceding trend. At the end of trading day Friday, this pair managed to shrug off its lows as shown on its 4H chart.

Enjoy your weekend my friends!

Path of Least Resistance

Entered long on AUDJPY, 4H chart @ 94.70 for a possible momentum play to the upside. Refer to the daily chart below to see the up leg trend.

AUDJPY, 4H Chart

AUDJPY, Daily Chart

EURUSD long trade still in play.

Pullback Trades

Going long last night, EURUSD @1.3292 as price retrace towards the area of a strong support.

Buy limit order on GBPJPY got hit @141.80 another 1-2-3 pullback towards support matched with a trendline conflux

Thank you God :o)

Edited January 17, 2013 at 9:57am PST:

Profit point on GBPJPY got hit @ 143.630 for a gain of +101

I'm letting EURUSD to play for now. Thank you God!