Infiniti Trader

Hi,
Purpose of the Thread is to keep a Journal and reasoning behind the taking the trades. I mainly trade GBP/JPY on the higher TF. More to come and to the infinity and beyond...

First Trade : GBP/JPY Buy Zone @ 150 TP 153.21 153.90

Daily Update on the Trade : GBP/JPY closed as a PINBar testing the TrendLine. Next Week should see upside to test the upper end of the trendline and the resistance cluster at around 153.21 to 154.68 (Murrey Math Lines) . Support of 149.60. Next week would likely test 150 area again.

Close trade at 151.56 as resistance

GBP/NZD : Right on the TrendLine , Resistance zone of 1.9400.

Trade Diary : H4
GBP/JPY :
QQE : Sell
TCCI : Sell
HiLo Gann H4 : sell
Sell Signal @ 172.30

29/08/2014 : Closed Short Trades at +10
GBP/JPY :
QQE : Buy
TCCI : Buy
HiLo Gann H4 : BUY
Buy Signal @ 172.18

TP1 : 172.84
TP2 : 173.60
TP3 : TCCI change color

Closed all Trades at 173.50
Waiting for next trade

Sell at 173.32
TP1 : 172.85
TP2 : 172.06
TP3 :

TP1 : 1.20
Expecting break of 1.20

Trading system :
TimeFrame : h4

TCCI : 13
Gann HiLo 10
RSX /QQE

Buy :
TCCI turns green , Gann HiLo Flips : QQE at closing in on a buy
RSX turns up from oversold or from 50 levels

Sell :


TCCI turns Red, Gann HiLo Flips : QQE at closing in on a sell
RSX turns down from overbought 80 or from 50 levels

TP1 ,TP2

Buy GPY/JPY based on price reaction(pin/hammer formed bar) from 34ema tunnel , TCCI turns green and hilo flip
TP1 : 175.39

Position : SELL
Price between 5/8180.66) and 4/8(180.27) MML . Broken thro the lines and broke thro 180 .

USD/JPY : Trade : Sell
HMA : Red
Bearish Pattern
Closed Below 12ema (low)
Break from the TrendLine

Trend : identified by 18 & 28 ema and 50 & 60 ema .
Trend Change : bar closing above or below the ema .

My Journey to 1$ Million USD and more

1). Always stick to the rules defined
2). Collect Pips
3). Follow rules and Stick to

Rules :

Sell
1). Close below HMA , ( Closes below the tunnel ) and RSIONMA Bearish (Crosses down )
Profit taking 15 pips above each MML Line

Buy
1). Close above HMA , ( Closes above the tunnel ) and RSIONMA Bullish (Crosses up )
Profit taking 15 pips below each MML Line

OverAll Market Direction & Trend : Tunnel 30 sma
minor s/r : 12 sma
When Price is above the Tunnel
1). Buy : (Price in direction of main Trend)
When HA turns Blue
Also look at TDI not to be oversold area near 68 line Esp the Yellow Line
First TP (04/0.5): 40 pips
Second TP : Change of HA Color to Red

2). Sell : (Short Term Correction ) Against the Main Trend
When HA turns RED
First TP (0.75) : 30 pips
Second TP (0.25) : Change of HA color to Blue


When Price is below the Tunnel
1). Sell : (Price in direction of main Trend)
When HA turns Red
Also look at TDI not to be oversold area near the 32 line Esp the Yellow Line
First TP (04/0.5): 40 pips
Second TP : Change of HA Color to Blue

2). Buy : (Short Term Correction ) Against the Main Trend
When HA turns Blue
First TP (0.75) : 30 pips
Second TP (0.25) : Change of HA color to RED

BUY

1). TMS is GREEN
2). Price closed above the 10 LWMA and half trend
3). Both Osc turning up and ideally oversold area unless a huge trend

SELL

1). TMS is RED
2). Price closed below the 10 LWMA and half trend
3). Both Osc turning down and ideally overbought area unless a huge trend


TP and SL

TP : every 2 MML and last lot after reverse signal
SL : Below the swing low or bottom of the trigger bar.