Short EUR/JPY

[TRAS]

EUR/USD


Buy @ 1.5495

Exit @ 1.5612


Stop 50 pips

If it break this area expect a nice move, computer generated. Signal.... watch area! Trade at your own risk!

Closed the last entry E/J due to Price action
not performing.

 

[TRAS]

GBP/USD


Buy @ 1.9490

Exit @ 1.9575


Stop 50 pips

This is the same with this one, trade at your own risk!

 

[riskfreetrading]

Quote from riskfreetrading:

1:40PM: sold 1/8 of intended size of short EUR/JPY @ 161.18.

Took profit (via take profit stop) of +70 pips in the middle of night when I was probably snoring, but definitely sleeping.

 

[riskfreetrading]

10:04AM: sold 1/8 of intended size of short EUR/JPY @ 161.52.

 

[Bigpipn]

Quote from riskfreetrading:

10:04AM: sold 1/8 of intended size of short EUR/JPY @ 161.52.

I posted in another forum that I took some of my size a bit earlier at .67. I don't see too much more upside in the near future.

 

[CurrenstocTM]

The Short from 161.30 was closed today in 06:53 AM at 160.57
+77

Now i'm short again from 161.33(08:40 AM) and add 161.53(10:03 AM)

 

[riskfreetrading]

Quote from spersky:

Your results are very good. How long did it take for you to develop your system? I am still working on a good system. Mainly I use MACD Divergence and EMA in order to enter the trade with a good Risk/Reward. In addition, I like to trade with an established trend pullbacks.

Thanks for carefully studying them. I developed various things various over time. The method I am using here is a combination of a set of price action properties. I came up with it three months ago. I do not recall how much time it took, as it happened by accident so to speak. I was analyzing something, and it led to say "why I do not do things this other way". That way is what leads to the trades reported in this thread. As I am not always logged to currencies, sometime I get excellent entries, some times much less desirable but they make money. That is the reason why I scale in (and I think one should scale entries in currencies given the volatility and any possible games that brokers may play).

 

[riskfreetrading]

10:32AM: sold 2nd 1/8 of intended size of short EUR/JPY @ 161.76.

 

[riskfreetrading]

Quote from riskfreetrading:

10:32AM: sold 2nd 1/8 of intended size of short EUR/JPY @ 161.76.

10:51AM: took + 10 pips profit on above. plan to re-enter if move up and fail.

 

[riskfreetrading]

Quote from Bigpipn:

I posted in another forum that I took some of my size a bit earlier at .67. I don't see too much more upside in the near future.

That is some rare skill behind that trade. Thanks for posting here. May we have more people like you around here. Thanks

PS: All readers: you should understand what Bigpipn understands. Topping and bottoming (when it is not a V) are processes and not events. This is particularly true for currencies. So keep that in my mind while trading.