J16 Type Trades

Hi,
I will be using this to document some of my trades, and to show how I use j16 setups in some of my trading, this is not a live signal service, and I will not be placing setups for people to take, I will not be updating trades I'm in exactly as I'm updating, I donot want people taking these trades and then expecting updates on how to manage the trade, I will update on time when I feel like it, often sometimes, and not so often other times. So pls no messages saying I lost you money.

I'm looking to long pound today, daily pinbar, I may enter on retrace or on break, I'll let you know when I make that decision, will depend on market conditions as day moves on. The two blue boxes on pound are my areas of concern, as price reaches the first blue box, I will make decisions on managing the trade, if we can break it and hold above, I will target large blue box for final tp.

I'm caustiously looking to enter geppy as well, daily pinbar, we'll see.

I'm watchign ech as well, if we get pa confirmation off my line, Ill be shorting, possible great setup in the making this one.

That's it for now.

THe trade I talked about on the j16 thread, i just entered on uchf at 1230 stop at 1270, reason was daily pinbar from a few days ago only just failed, so I wanted to try short with small stop and small risk % wise, market has gapped up so I've entered now on oanda, most brokers are not open yet.

By the time regular brokers open, market most likely could be back below 1200 by then. Worth a shot.

Stops to b/e on uchf up 30 pips.

ucad weekly pinbar, shorting on break, or retrace with lower timeframe pa. 1st target goes without saying.

Couldnt update stuff real fast, markets going wild, I'm long pound on break of pin with stops at b/e at 7755

still short uchf

shorted echf at 6051 with tiny position, reason is large gap up if we can move back below 6000 we have a good chance of a decent move, if we get pa to get short, i'll put on regular position size.

gap up, shorting after this 4hr pinbar has formed, tiny position, as it's not a regular trade, gap trades I play real small position.

Closed 40% of position for 90 pips on uchf, chart shows area may bounce a little, possibly will add back in if we bounce, we'll see.

so we got the bounce i thought would happen, now at my line and arrow, i will look for lower timeframe pa to get that 40% back in.

2nd position on uchf stopped out at b/e.

echf moving stops to b/e price is hesitating to much at support.

pchf to b/e as well, up over 50 pips.

echf and pchf and pound out at b/e, closed half of pound for approx 60 pips

4hr pinbar Longed euro 4120 stop at 4043 1st target 4200 2nd target is open

Major counter trend trade 4hr, so risking about 3/4 of regular position

closed half for 85 pips as we have trouble breaking this blue area,
rest to b/e

2nd half out at b/e

Just shorted ucad with a small % and stop at 0735

It's a agressive pot shot type trade, considering a few days ago, we had a daily beob, if that bar can hold true, we could have a good run, worth a tiny risk, esp that I've had a great week so far, no losses and a few decent wins.

heres another trade i just entered, retrace of 4hr pin

UP over 50 pips on this, moving stops to b/e at 7635, support just below, don't wanna mess with this one, if we catch the run great, if we get hit, no loss.

so for eaud, closing half position now for 100 pips rest leave at b/e for possible big run,

getting ready to close half of ucad and moving stops to b/e, not quite yet tho, soon, just watching action.

ok moving stops to b/e on ucad, takign 1st half off at 0665

red line is reason I'm closing half, area of previous support.