Forex/Futures ST for Week 01/20- 01/25

greenback

九天 发表于 2013-1-21 10:57 PM
You are right. 形态像上升三角形。

Well, my EURO long was stopped out last night during the violent swing. Fortunately I adjusted my stop to that with a small profit.

So far EURO doesn't want to go anywhere ...

greenback

AUD has been waiting below the key S/R for so long and tested it several times. Will the next time successful?

greenback

So far CAD has refused to go down after revisited the previous low ... I'm out of my short first with a small profit first ...

Note this is a 15min chart.

greenback

As for GBP, let's remember don't trade against the longer-term trend, which is down ... so the game is wait ...

greenback

MFTHT 发表于 2013-1-22 06:58 AM
月末之前狠忙。俺等ES的回调或急跌后再入，绿老大辛苦了。

Good for you!

greenback

JPY has advanced 100% of the mm after two legs. Last time, it took three legs for this much move ... will there be a third leg?

greenback

Well, stock bears are hopeless ...

greenback

Well, bonds are also very bullish ... confusing market ...

greenback

Wow! Everyday there is some wonder in FOREX ... AUD just tanked. Hope you get it ... I have a break even long on it as it broke down the double top ...
So far the pop due to JPY is not all gone yet ... let's see where it will stop the slide.

greenback

EURO is dead ... resting at the same level before the JPY swing. I think it's still bullish biased, but let's wait for the breakout.

greenback

JPY still consolidating at the 100% mm targets ... not sure there would be another leg before changing trend ...

greenback

GBP is too soft. I dare not to chase the short, but let's see ...

greenback

CAD is lifeless, just like EURO ...

greenback

JPY is forming an ascending triangle, break out again??? There are three failures so far ...

greenback

Both ES and TF realized another 100% mm targets ... in two legs ...

So no top yet ...

greenback

greenback 发表于 2013-1-22 08:37 PM
JPY is forming an ascending triangle, break out again??? There are three failures so far ...

Indeed it is an ascending triangle and it broke out! I have a break even long at the breakout point ...

greenback

I find it much less emotionally challenging if trading break out.

In doing so, I can quickly set the stop loss to break even and let the market make it or break it.

Of course the profit is smaller, but it's being compensated by its higher success rate.

aimei

morning

quietplayer

greenback 发表于 2013-1-23 02:11 AM
I find it much less emotionally challenging if trading break out.

In doing so, I can quickly set  ...

yes, following trend is also easier and more comfortable...

时时是好时

greenback 发表于 2013-1-23 02:11 AM
I find it much less emotionally challenging if trading break out.

In doing so, I can quickly set  ...

Do you have a profit taking target of trading break out or just simply move up the stop loss line?