Trading the Edge of Chaos -GBP/USD

still holding on to this loss trade
to see if it will bounce off at the upper
edge of chaos, but really the initial
condition for bearish failed.

I entered too early.

above 2.0730 is definitely going
to fuel bullish chaos.

I am still holding on to sell trade.
Trade need to break below 2.0660
but it doesn't seems likely any moment
from now.

I watch.

Still holding to sell trade now -10pips
a break below 2.0660 will give me a breathing
space and missed opportunity.

I entered sell too early, Well that is the situation
of things as I saw it at the initial condition.

Still looking now down ward.

Live accounts closed out at -1pip
Reason: Held position too long +6hrs.

I will not trade live account for today.

This was a live commentary.

dear sir,
I'm really love to read your trade here. hope you can post it live everytime. really enjoying to read and learn from this thread. keep the good work sir..

I am surprise. I did not know people are following
it seriously. Thanks a lot!

You can chat and comments, crack jokes, provided you
don't ask me to starting teaching publicly how
I derived my chaos strategy. But it is real!

I got to go and sleep now, tomorrow is another
day.

The graph below shows limits of today's chaos
Graph was prepared before the current price action.

General outlook bullish: Depending on initial conditions

I will report back after London market open.
The yellow boundary limits represent areas of
deception and intense market activities before
London opens

General setup
----------------------
Pending order to buy at 2.0650 and trade
to upper limit.

This action maybe repelled at 2.0694
so prepare to take profit or protect trade from there

I have enter sell at london open
trade to 2.0650 as planned see graph

685 is a strong fractal
maybe it will overcome it downward
there are couple of German info coming
up 10GMT

So set your stop loss accordingly
I moved mine to entry at 2.0721
no chance trade today . 0pip or
profit at target

Long term bearish profit prospect for today
is 2.0518. if the lower edge of chaos failed.

you may consolidate small profit above 2.0705
for the time being.

Euro News bad for USD
next obstacle is 2.0673
I intend to consolidate profit
from here, market may turn from
there

stop loss moved above 2.0705

what is important is not to make a loss.
1pip, 2pips are all ok. +100pips better, if possible

As at now fractal pattern formation at
lower time frame are showing tendency for
a rising bullish storm as predicted but would be better
if it gets to lower edge for a clearer picture.

2.0676 currently remain obstacle for sell
and meeting our target. Market failed
to break liquidated sell for 30 pips
hourly is confused.

Pending buy order remains

Temporarily my pending order removed
Reasons: failure to clear 2.0670 downward

At the same time I am skeptical to buy
from this level because it caught me
unaware. I believe it may replay out
early London trade

This is a sign of fear among the real
traders.

If you buying, buy well. I will suggest
buy from as close to 2.0670

If you are selling sell well
No clue where to sell from

Demo pending order to buy at edge
of chaos re-installed.

Live pending order removed!!!!!!!!!

Whatever the case, I will wait
for Consumer Confidence report:

If bad for US, I will try to find entry to scalp
about 20pips to cap target 50pips,

Depending on price levels, that trade should
remain till London opens tomorrow if I have
the gut.

If good for US, I will still maintain buy
from lower edge of chaos with demo
before live account. Let see.

If all these plans don't work out well????

I am not the owner of the market. there is a turmoil
in the market so....TOMORROW WILL BE ANOTHER DAY!

Pending demo in,
not in with live, I will watch and see

if you are on trade and following this commentary
please consolidate with stop loss if price breaks above
2.0694.

If not please use appropriate stop loss as market
may swirl down if New York is about to close.

If you take the above measures
So far this commentary has predicted

30pips sell + 44pis buy: =86pips
better than yesterday.

This is the end of my live commentary
today!

Today's chaos is Generally Bearish
The graph below was constructed
before the present price action.

Preference will be to sell from upper
edge of chaos to lower edge of chaos, and
buy back.

Waiting for initial conditions if in favour of bear
will be bearish or else I be bullish to 2.0781 above
the upper edge of the current planned chaos.

I will report back what after London opens

Not yet in the market I will trade after
London opens.

probably from sell upper edge