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Trading the Edge of Chaos -GBP/USD

  • #221
  • Jan 17, 2008 8:02am Jan 17, 2008 8:02am
Quoting fxbroker
Result:

First trade = 50pips

Clients trading with me also made between 40-57pips and we have stepped out of the market at the moment.

The bullish outlook is still looking good. But these days of market fear
require caution. Addtional trade maybe posted later or tomorrow.

Have a nice trading day
-------------------------------

Risk: Analysis is for own use, and depend on certain internal conditions of market behaviour at London open -seek advice before applying this chaos commentary to your trading.
---------------------------------
One of those difficult days
Stop loss on my second trade from 1. 9658 was triggered at 1.9686 for 28 pips. And the trade sped off to 1.9710 where I wanted to take profit

Total =78pips
  • #222
  • Jan 18, 2008 2:22am Jan 18, 2008 2:22am
Today's Chaos = Bullish Outlook

The graph below show my trade plan for the day.

My preference is to buy from 9624 to- 9880 if market permits.
Alternative Plan:
See graph and my plan to sell.
Attached Image
  • #223
  • Jan 18, 2008 2:34am Jan 18, 2008 2:34am
Quoting fxbroker
Today's Chaos = Bullish Outlook

The graph below show my trade plan for the day.

My preference is to buy from 9624 to- 9880 if market permits.
Alternative Plan:
See graph and my plan to sell.
9675 seems like a support, do you think we can long from here, seems so many time cable cannot break through.
  • #224
  • Jan 18, 2008 2:39am Jan 18, 2008 2:39am
Quoting fxbroker
Today's Chaos = Bullish Outlook

The graph below show my trade plan for the day.

My preference is to buy from 9624 to- 9880 if market permits.
Alternative Plan:
See graph and my plan to sell.

Explosive trade plan today

Trade 1. Buy from 9624 to 9880 = 256 pips
Trade 2. Buy from 9665 to 9880 = 215 pips
Trade 3. Buy from 9720 to 9880 = 160 pips

if trade does not get to 9624, start from trade 2.

Even if I cannot stay in the market to 9880, or market could not make it to that level and I hope to manage my trade well and make +-50 per pips per trade. (Even if it is 20pips per trade).

-----------------------------------
Risk: Analysis is for own use, and depend on certain internal conditions of market behaviour at London open -seek advice before applying this chaos commentary to your trading.
  • #225
  • Jan 18, 2008 2:42am Jan 18, 2008 2:42am
Quoting tkh33
9675 seems like a support, do you think we can long from here, seems so many time cable cannot break through.
Sorry I do not give trade calls.

I just use the prior trade analysis as depicted by the graph.
  • #226
  • Jan 18, 2008 4:57am Jan 18, 2008 4:57am
Quoting fxbroker
Today's Chaos = Bullish Outlook

The graph below show my trade plan for the day.

My preference is to buy from 9624 to- 9880 if market permits.
Alternative Plan:
See graph and my plan to sell.
Resutls:
-9pips my trade 3 buy stop was triggered untimely

I did not setup sell trade, since I hate goint into trade pending news
it was too fast to follow, so I let it passbye

Waiting for trade to go back to 9624, it is possible.
Otherwise there is monday to trade again.
  • #227
  • Jan 21, 2008 1:56am Jan 21, 2008 1:56am
Friday was a big sell off. And I missed out of that move with
-9pips loss.

Today's chaos = bearish

preferred entry would be at upper edge of chaos, however price is far from that level so we have two plans as show in the graph below depending on initial condition and behviour of price after London opens.
Attached Image
  • #228
  • Jan 23, 2008 1:36am Jan 23, 2008 1:36am
Recap on yesterday:

I did not have time to post my trade plan because of I was working on possibility of harvesting huge pips from a single instrument of trade by taking at least 2-4 trades in a single chaos trajectory.

Yesterday before the Big news
Test trades = 240 pips,

I have to jumped out and close all the trades because I could not believe what I was seeing. This was the first time of my testing the astronomical profits aspect of chaos. If had stayed in to the moderate target level before the news, expected pips could have been 459 pips.

I will conitnue to refine and this method from today on:
----------------------------------------------------------------

Today's chaos = Bullish

See graph below before the initial conditions.

Projected PIPs to be harvested from chaos trajectories.
486 - 923 pips depending on initial condition.
I will report back how far this went.

-------------------------------------------------
Risk: Analysis is for own use, and depend on certain internal conditions of market behaviour at London open -seek advice before applying this chaos commentary to your trading.


---------------------
Attached Image
  • #229
  • Jan 23, 2008 4:58am Jan 23, 2008 4:58am
Quoting fxbroker
Recap on yesterday:

I did not have time to post my trade plan because of I was working on possibility of harvesting huge pips from a single instrument of trade by taking at least 2-4 trades in a single chaos trajectory.

Yesterday before the Big news
Test trades = 240 pips,

I have to jumped out and close all the trades because I could not believe what I was seeing. This was the first time of my testing the astronomical profits aspect of chaos. If had stayed in to the moderate target level before the news, expected pips could have been 459 pips.

I will conitnue to refine and this method from today on:
----------------------------------------------------------------

Today's chaos = Bullish

See graph below before the initial conditions.

Projected PIPs to be harvested from chaos trajectories.
486 - 923 pips depending on initial condition.
I will report back how far this went.

-------------------------------------------------
Risk: Analysis is for own use, and depend on certain internal conditions of market behaviour at London open -seek advice before applying this chaos commentary to your trading.


---------------------
Today's trade seems unclear and lot of uncertainties.
the above plan aborted after waiting several hours.
  • #230
  • Feb 14, 2008 1:47am Feb 14, 2008 1:47am
It has been a long time since I posted commentary on GBP/USD reasons being that I have not been monitoring the pair seriously due to its erractic behaviour, and switch attention to testing chaos theory on commodities like
crude oil and natural gas futures.

The result on futures is unblievable:
For example, yesterday Natural gas gave +543 pips opportunities using
chaos theory. Crude oil was +200. Trading these pairs with minimum lot size is till more profitable than chasing currencies up and down at the moment.

If you are interested in recieving calls on futures or want to diversify your trading activities into futures, stocks, indexes, spot commoditioes like oil and gold let me know.

---------------------------------------

Today's GBP/USD = Bullish chaos
See graph constructed before the current price action.
My preferred area to buy would be at lower corridor, price
has shot up even before London open

I expect price to fall back into the thinny yellow boundary area
otherwise expect price to break above the upper edge today.



------------------------------------------------------

Risk: Analysis is for my own use, and depend on certain internal conditions of market behaviour at London open -seek advice before applying this chaos commentary to your trading.
Attached Image
  • #231
  • Feb 14, 2008 1:55am Feb 14, 2008 1:55am
ya man... your view on gold will be appreciated
  • #232
  • Feb 14, 2008 2:33am Feb 14, 2008 2:33am
Quoting bhesania
ya man... your view on gold will be appreciated
That will be nice,
Gold is bullish at the moment and if it is sustained it will hit 918.80 to
925.97, to 927.05 that is what I see on my chaos chart.

Possible buy on dip from 910.17, I have not seen any fractal wave boundary to warrant buy at the moment, but this should developed later.

Please take care, I did not do any serious analysis just a glance on
Gold's chart
  • #233
  • Feb 14, 2008 3:37am Feb 14, 2008 3:37am
thanks man
  • #234
  • Feb 28, 2008 1:58am Feb 28, 2008 1:58am
This pair like all other fx pairs is still wild and very unreliable in behaviour.

Here is today's view

Outlook = bearish.
The graph below shows tentative plan on how it should be traded today

I will prefer to sell from 1.9849 if ever it get back there,
or below 1.9785

Alternative:
Buy back to 1.9849, and see if it break above 1.9849, and on to
upper edge of chaos
-------------------------

Note: I now monitor crude oil and natural gas futures which offers more profit opportunities than currencies. Why lose your shirts over currencies
when you can make 3 times as much in other instructments.

Think of Diversifications into Crude oil and Natural Gas?
You can subscribe to our my fxchaos yahoo group if you want to learn more on how to use chaos in wide variety of financial instruments


-------------------------------------------------
Risk: Analysis is for own use, and depend on certain internal conditions of market behaviour at London open -seek advice before applying this chaos commentary to your trading.
Attached Image
  • #235
  • Feb 28, 2008 2:45am Feb 28, 2008 2:45am
Quoting fxbroker
This pair like all other fx pairs is still wild and very unreliable in behaviour.

Here is today's view

Outlook = bearish.
The graph below shows tentative plan on how it should be traded today

I will prefer to sell from 1.9849 if ever it get back there,
or below 1.9785

Alternative:
Buy back to 1.9849, and see if it break above 1.9849, and on to
upper edge of chaos
-------------------------

Note: I now monitor crude oil and natural gas futures which offers more profit opportunities than currencies. Why lose your shirts over currencies
when you can make 3 times as much in other instructments.

Think of Diversifications into Crude oil and Natural Gas?
You can subscribe to our my fxchaos yahoo group if you want to learn more on how to use chaos in wide variety of financial instruments


-------------------------------------------------
Risk: Analysis is for own use, and depend on certain internal conditions of market behaviour at London open -seek advice before applying this chaos commentary to your trading.

I currently opted for the alternative plan
and I am marginally in profit >>> buying back
from 9790 to 9849 (about 50pips gain if ever it works)
It will need to break above 9807 to sustain this plan.

I will abort if it failed to break above 9807
  • #236
  • Feb 28, 2008 3:15am Feb 28, 2008 3:15am
Stop loss not at 9805 aiming at the first target of 9849,
but will need to break above 9823 to sustain this target.
  • #237
  • Feb 28, 2008 6:00am Feb 28, 2008 6:00am
Report :
Stop loss hit at 9800 (10pips)
Still looking to stay bullish unless it breached below
97800.

Too much fear and uncertainties in the FX market.

1. Now buying oil from 99.45 targeting 100.88 and above.
consolidated +47 pips so far.

2. also buying SP 500 mini- indexe = -3.75 pips so far

3. Also: Planned to buy Natural gas futures, Nasdaq and Dow Jones later indexes
  • #238
  • Feb 28, 2008 6:07am Feb 28, 2008 6:07am
buy oil,short sp 500 target oil at 110 an sp 500 -25
  • #239
  • Feb 28, 2008 8:20am Feb 28, 2008 8:20am
Quoting sf2000
buy oil,short sp 500 target oil at 110 an sp 500 -25
110 is a way too far today. do not understand your post.

Chaos trade Results:

1. I abandon GBP/USD though my analysis still hold and current
but GBP/USD very unreliable. only (10pips)

2. Oil trade buy target from 99.45 to 100.88 (+143pips ) achieved.

2. Natural Gas zoomed off why I was pre-occupied with the wild GBP/USD got to my planned target but missed the boat +139 pips. Planning to right it down at the right time

SP 500 still sleeping -35pips, I will leave it running for now.

Planning on sell back of oil and natural gas
  • #240
  • Feb 29, 2008 1:59am Feb 29, 2008 1:59am
Today's GBP/USD outlook = bullish
Depending on initial condition on London opening

The current graph was prepared before the present price actions.

Take note of the following:
1. Adjust the upper yellow boundary to 1.9951
If price breaks above there remain bullish:

Bellow there is sell back to 1. 9853 and probably to lower edge
of chaos.
Attached Image
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