Build an Equity Millipede with the filtered Flying Buddha

Just glancing at my charts this morning, I did come across a pair that spiked my interest.

Nzd/Jpy.

Points in favor:
Keeps hitting trendline resistance on the weekly as shown.
Has tested recently and seems to be headed there again.
We know the JPY pairs are trending upward.

Points against:
Overexposure to JPY: Quite frankly I don't care much on that.
Higher spread: Not a killer for Daily tf
Trend well under way.

I think I might take an entry here and watch closely what PA does as it gets to that trendline. If it moves through with momentum then it's stack em and rack em time.

Order stopped out. I am placing a buy stop at the 50 fib on the H4.

New buy order has filled at 82.34 with a stop at 82.11

Stop hit last night. New order but in at H4 50% fib at 82.68 with a stop at 82.46

Order has moved to BE +3. Price has broken through previous resistance so let's hope it continues upward.

New buy limit order place on the H4 at the 50% fib. Price set at 82.86 with a stop at 82.61

Went ahead and took this entry as I noticed it was stalling at support from previous resistance. I didn't want to lose the trade for a couple of pips.

I think it may be a good idea to place our limit/stop orders just before the 50% fib as often times we get the bounce just before it reaches that point.

Stop has been moved to BE +3

New limit order place at 83.03 with a stop at 82.82

I've placed a new limit order at the H4 50% fib. Price is at 83.49 with a stop at 83.28

Just a quick update on the N/J.

I do have 3 positions running so far on this. 2 at BE+ with the most current one running at about -7 pips.

New entry at 50% fib of H4 at 83.68 with a stop loss at 83.51

Latest entry moved to BE+2

New limit order set at 50 fib at 83.93 with a stop at 83.62

Limit order filled last night and stop hit...bummer. I've placed a new buy stop order at the 50% fib on the H4 to trigger if price moves back up. Order set at 83.79 with a stop at 83.48

New buy stop has been hit.

stopped out. I'm packin it in for the week.

New stop order placed on the Daily 50% fib. Price at 83.53 with a stop loss of 83.05

Buy stop has been hit.

Latest order stop loss has been hit. I'm placing a new H4 buy stop as market has bounced off of 83.00. Buy stop is placed at 83.21 with a stoploss at 82.95