Trade With Me!

Here come the benefits of my trading journal!
From here on, I am going to start posting some of my trading entries along possible outcomes, trade management ideas and if you are going to be interested to interact, feel free... The trading opportunities that will be shared are mostly based on MurreyMath, divergence trading, and corridor breakouts.

The good and bad things are what forms us as people... change makes us grow.
Good and bad ideas both come from the same fountain of speculation and experiment.

USD/JPY

On M5 we have a corridor right at H1[6/8] M30[6/8] M15[6/8] M5[6/8] -premium trade area;
If it wants to reversal off this MMTLine, the up break of the super trend may move the price towards D1[+1/8] H4[6/8] H1[8/8] M30[8/8] M15[8/8] M5[8/8] or from the downwards perspective of the breakout it may take the price towards H1[5/8] M30[5/8] M15[5/8] M5[5/8], trend continuation.



As we can see, on M5 we already have a confirmed divergence, leading to the idea of a probable up trade so that the possibility of targeting 1:2-1:4 risk/reward ration on that particular trade.





But also we have to be opened for a possible trend continuation that may take price from H1[6/8] M30[6/8] M15[6/8] M5[6/8] to H1[5/8] M30[5/8] M15[5/8] M5[5/8]

From fundamental perspective what we know so far is that:

- Larry Kudlow: President Trump needs a stable dollar along with tax cuts to maximize growth
- Dollar Pares Gains After Hitting Highest Level in More Than 3 Months
- The US GDP sent the USDJPY to a new session high on Friday, but the pair stalled against a ceiling area defined by swing highs from April at 114.37 and July at 114.49. The high peaked at 114.44 - in between the two levels. The fundamentals support a higher dollar (I would think). The yields are at a cross roads though and so are the technicals on the USDJPY chart. As a result, there is a little pause and depending how the wind blows will control how the pieces all come together. The good news is there are some pretty definitive levels that should give bullish or bearish bias clues. Use them to your trading advantage.

Profiting on a late entry -

I look forward to a possible trend continuation GBP/USD

update ... M5-H1

Possible corridor break out!

and here we are ...

let's go with this ...

let's follow EUR/USD as well for a while ... ... we may have a point of interest over here as well, what do you think ?

Well done ... SL to BE

|Treade closed and reverse

And here we are SL moved to BE

Time to more forward SL to BE and lets see the news reports soon

SO HERE WE ARE ...

GBP-USD it is just so hectic ...

Eur/Usd Looking at a down trend due to strong resistance @ 1.24272.

Just my opinion