Yesterday Result

Hello guys. I got nothing to do so I just post yesterday result, otherwise I could mess up my trades today :P Well, second day this week ended red :( 5 trades from GBP/JPY, AUD/JPY, U/CAD, and U/JPY. My GBP/JPY short hit the SL and I open another position. I closed AUD/JPY short on the edge of touching my SL. Total loss was 148 pips and gained 58 pips.

I also remove some indicators from my chart; stochastic and QQE. At the moment I still have GBP/JPY, AUD/USD, and EUR/USD. All short and red! ;P Another thing is about the Gann indicator. I'm not sure about the correct period. So far, 30 hours seems reliable to minimize whipsaws. However, I would try different period and play with it on weekend:))

Soooo.... That's all. I'm so very very hungry right now and hopefully all my positions touch my TP while I eat.

Trend Follower System 1 Hour

The title in forex factory is "Trend Follower 5 Minute System", but the man said on his blog that the system is just as accurate in any time frame. I got to tell you guys that I really like this system and I already watching it for few weeks now. I really like how the 4 EMA and 8 EMA crossover combine with the GMMA can give powerful signal. However, I use only the GMMA, 4EMA & 8EMA crossover, and 20 SMA in my GBP/JPY hourly chart.

Please check the system at forex factory or his blog. I post this system because I've just started to use this system on GBP/JPY 1 hour today (beside Eagle Breakout and 5-13-21 EMA system). Unfortunately my SL got hit :(
Okay hope this information can be useful.. :)

215.xx ??? Nope..

Hi guys, just want to follow up my last post. The pair open below the trendline this week and dropped for almost 300 pips now. The pair also break the trendline an hour ago, but I didn't enter. I want to focus on the 5-13-21 EMA system this week. So I guess this week we'll see another consolidation or it might test the support. Just to remind you that it's NFP's week..doesn't know much about NFP actually, but they always say to be careful on NFP's week:D Cheers..

Red Red April

What a month for me. The month was started with OzFx system on GBP/JPY hourly and 4 hour TF. Then I use the breakout again. The OzFx system did not work well. At first, I was just missed all the good signal and caught up in the bad ones. After that the problem was just me. I didn't everyday, but you know, a day with pretty bad trades could wound you pretty bad.

Last week I didn't trade much and I try not to trade too much this week ;P I will look for the OzFx signal and the breakouts. I also trade based on EMAs. That is all. Trade carefully all. ;)

No More Entry Stop For Breakout System

I got a new notebook and a wireless internet. So now I can check the market anytime I want :) Meaning that I don't have to set stop order for the breakout system. In addition, I can also manage my stop loss.

I used to set 50 pips target and opposite signal for the breakout system because I might be away from my PC for the rest of the day. It took a lot of manual testing until I decided with 50 pips target. But now, I prefer to open position only when the EMA agree and moving my stop loss to break even after 20 pips or so. Now I can say goodbye to 3:1 risk reward ratio :D




Breakout System

Ups.. and Ouchhh!!

Here is what happened.. I got GBPJPY long since yesterday and I set the stop loss for 200 pips. Just now I woke up and I got that -200 pips.. And since I opened in 2 positions, therefore I got -400.

So it was a bad GBP news that moved the market. At first, I said ups. But 2 minutes after that I feel hurt and I said OUCHH!! ;P

Well, hopefully I won't try to revenge and just write this post. It seems that losses has been the main post of my blog, don't you think? ;P
Anyway, happy trading all..

Bad Minyu2..!

I trade pretty bad yesterday.. I entered based on the Heiken Ashi and not based on the AC and stochastic. I even entered 5 trades before I realized what I'm doing! The purple box was where I made the trades resulting about -350 pips:(

So I add OsMA and here is what it's look like. The OsMA suggest that it's still uptrend. I know..I could have still end up with some losses, but not as much as -350! So, I use OsMA now to filter the entries.

But, I'd still use the HAS. It's very useful to see whether the trend is still going or not. Here is the latest rally from GBP/JPY. As you see the HAS told me, "Don't short it yet!" ;)

Okay that's all..Happy trading and may the green pips always be with us..:)

First Signal Went Good.

I got +85 pips from the first signal with 2 position. Target 1= 35 pips and 2nd position hit +50 SL. For now I choose to move Stop Loss to Break Even after first target reached and move it to +50 after 100 pips and so on.

Right now I am waiting the "Mix Up" to make re-entry position, or the opposite signal. The OzFx Squeeze More system suggest to close after stochastic cross "0" level of AC to get more pips. So we will see that scenario later. Happy trading.. :)

PS: I trade live in Marketiva. I use IBFX MT4 to read the chart.

First Signal on Hourly

This is my entry today at GMT+1.

















Still floating loss for now..:P We'll see the result.