Wayward's Journal - Consistent Market Observations | Forex Factory

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Wayward's Journal - Consistent Market Observations

  • #1
  • First Post: Edited 5:00pm Feb 4, 2019 4:37pm | Edited 5:00pm
This will be my journal/journey from providing consistent market observations to consistent market signals. My market observations are free. My market signals are not. Yes you've read correctly, this will eventually be a signal service. For now, enjoy the journey and observe what consistently happens in the market...just don't tell me it's the same thing over and over again; and that it's boring.



Rules:
1. I will not tolerate negativity. If you're not interested in my posts, simply ignore them and move along.
2. Do not ask me for my PnL/myFXBook account/account balance etc. It's none of your business; and I'm not interested in yours.
3. My observations are only for EUR/USD, GBP/USD, and DXY. Do not ask me to observe any other pair.
4. Do not ask me what indicator I am using or why I posted an observation. I'm not here to educate.
5. READ RULE #1 AGAIN...AND AGAIN...AND AGAIN...
  • #2
  • Feb 4, 2019 4:56pm Feb 4, 2019 4:56pm
GBPUSD had a short today at 1.3093. Took partials along the way targeting 1.3015. SL currently at 1.3065.

I normally don't include images, but to kick off the thread I've attached a screenshot of today's action.

Enjoy...
Attached Image (click to enlarge)
Click to Enlarge Name: sn_04022019.jpg Size: 152 KB
  • #3
  • Feb 4, 2019 5:10pm Feb 4, 2019 5:10pm
Nothing else for now. Will check back after midnight pacific.
  • #4
  • Feb 5, 2019 9:10am Feb 5, 2019 9:10am
GBPUSD 1.3015 was nicely hit and well below. Nice 100+ pip catch.
  • #5
  • Feb 6, 2019 3:53pm Feb 6, 2019 3:53pm
GBPUSD had a short today at 1.2960. Took partials along the way targeting 1.2925. SL currently at 1.2955.
Attached Image (click to enlarge)
Click to Enlarge Name: 02062019_GBPUSD_Sell.png Size: 62 KB
  • #6
  • Feb 7, 2019 1:11am Feb 7, 2019 1:11am
There it is 1.2925 target hit.
  • #7
  • Feb 11, 2019 12:46pm Feb 11, 2019 12:46pm
EURUSD had a short today at 1.1299/1.1300. Target 30 pips, easy hit.
Attached Image (click to enlarge)
Click to Enlarge Name: 02112019_EU_Short.png Size: 63 KB
  • #8
  • Feb 14, 2019 9:34am Feb 14, 2019 9:34am
GBPUSD had a nice short today at 1.2860. Took profits along the way down to final target of 1.2810
Attached Image (click to enlarge)
Click to Enlarge Name: GBP_SN_02142019.png Size: 134 KB
  • #9
  • Feb 20, 2019 4:14pm Feb 20, 2019 4:14pm
Choppy day, but had a buy setup on EUR/USD at 1.1335/1.1337; Target was 1.1370. Took profits along the way until TP hit.
Attached Image (click to enlarge)
Click to Enlarge Name: EU_B_02202019.jpg Size: 115 KB
  • #10
  • Feb 21, 2019 10:33am Feb 21, 2019 10:33am
Chopping wood today. Nothing to see.
  • #11
  • Mar 4, 2019 9:40am Mar 4, 2019 9:40am
EUR/USD and GBP/USD both had trade setups today. Missed the EU trade, but GBP/USD was also there. Target entry was 1.3230, peeled off positions and took profits on the way down. Stop loss moved to green, free trade rest of the way. Holding until 1.3055, or stopped out. NFP week, so will see what happens and if it gets there.
Attached Image (click to enlarge)
Click to Enlarge Name: GU_03042019.png Size: 101 KB
  • #12
  • Mar 5, 2019 12:17pm Mar 5, 2019 12:17pm
I don't normally trade the loonie, but this was easy pickings. Buy entry was at 1.3335 with a target of 1.3375. Peeled off portions on the way up. SL at break even now with a free trade to target.

On a different note, GBPUSD trade from previous post is still good. Haven't been knocked out yet. Done for the week because of NFP; for my open trades I either get knocked out or my TP hits.
Attached Image (click to enlarge)
Click to Enlarge Name: 03052019_CAD.jpg Size: 63 KB
  • #13
  • Mar 5, 2019 1:09pm Mar 5, 2019 1:09pm
Quoting WayWayward
I don't normally trade the loonie, but this was easy pickings. Buy entry was at 1.3335 with a target of 1.3375. Peeled off portions on the way up. SL at break even now with a free trade to target. On a different note, GBPUSD trade from previous post is still good. Haven't been knocked out yet. Done for the week because of NFP; for my open trades I either get knocked out or my TP hits. {image}
...and knocked out on GBP/USD and USD/CAD trade... That's a wrap folks, stay patient out there...until we trade again...
  • #14
  • Mar 8, 2019 9:23am Mar 8, 2019 9:23am
Quoting WayWayward
EUR/USD and GBP/USD both had trade setups today. Missed the EU trade, but GBP/USD was also there. Target entry was 1.3230, peeled off positions and took profits on the way down. Stop loss moved to green, free trade rest of the way. Holding until 1.3055, or stopped out. NFP week, so will see what happens and if it gets there. {image}
Even though I was stopped out prior and was not in the trade; glad to see that 1.3055 on GBPUSD was hit. Until next week...
  • #15
  • Mar 12, 2019 12:39pm Mar 12, 2019 12:39pm
GBPUSD short in play at 1.3125 [1.3124]; took partials and now a free trade to target at 1.3010
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GU_S_03122019.png Size: 61 KB
Click to Enlarge Name: GU_S_Chart03122019.png Size: 27 KB
  • #16
  • Mar 13, 2019 9:16am Mar 13, 2019 9:16am
Quoting WayWayward
GBPUSD short in play at 1.3125 [1.3124]; took partials and now a free trade to target at 1.3010 {image} {image}
Didn't get all the way down; stopped out at break-even...that's why partials are important.
  • #17
  • Mar 13, 2019 9:21am Mar 13, 2019 9:21am
USDCAD short in play at 1.3370 [1.3369]; took partials and now a free trade to target at 1.3275
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCAD_ToPost1.png Size: 74 KB
Click to Enlarge Name: USDCAD_ToPost.png Size: 48 KB
  • #18
  • Mar 13, 2019 12:19pm Mar 13, 2019 12:19pm
Quoting WayWayward
USDCAD short in play at 1.3370 [1.3369]; took partials and now a free trade to target at 1.3275 {image} {image}
Closed remaining position with 1 lot left on. Moved SL to 1.3340. If this runs to 1.3275....great...if not and I get stopped out I'm done for the week. I've gotten my piece of the pie this week.
  • #19
  • Mar 13, 2019 2:51pm Mar 13, 2019 2:51pm
Quoting WayWayward
{quote} Closed remaining position with 1 lot left on. Moved SL to 1.3340. If this runs to 1.3275....great...if not and I get stopped out I'm done for the week. I've gotten my piece of the pie this week.
Dropping my SL to 1.3330...for some reason that pop up didn't trigger my SL at 1.3340. Guess I'm still in the game!
  • #20
  • Mar 18, 2019 11:59am Mar 18, 2019 11:59am
20pip scalp on the euro...sell entry was 1.1350, target profit was 1.1330.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EU_03182019_S.png Size: 33 KB
Click to Enlarge Name: EU_Sell_03182019.jpg Size: 25 KB
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