zoopy's trading journal | Page 66 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Another Trading Journal - Yuhu's Journal 17 replies

Twitch Journal - Live Journal 4 replies

Creating my Trading Plan + My Trading Journal 27 replies

My Personal journal up 18% in 2 months going to start a journal 8 replies

Azzity's Trading Journal III (Azzity's 3/30 Trading Method) 9 replies

Attachments: zoopy's trading journal
Exit Attachments

zoopy's trading journal

  • #1,301
  • Jun 23, 2008 10:35am Jun 23, 2008 10:35am
Ok thanks for the reply, i guess because the overall trend is up, i was just expecting it to break up, but when i zoom out to the daily chart it does just look like noise.
  • #1,302
  • Jun 23, 2008 10:43am Jun 23, 2008 10:43am
Quoting greywolf238
Ok thanks for the reply, i guess because the overall trend is up, i was just expecting it to break up, but when i zoom out to the daily chart it does just look like noise.
What I've found when you're trading waves... if your intention is to trade the 4 hour timeframe, stick to the 4 hour, don't look at the daily or weekly unless you're trading the weekly trend and using the 4 hour to enter. Another thing to also keep in mind... look at where price is relative to the closest round number. On eurgbp I noticed it's slipping below 0.7900 and that to me shows more signs of weakness than strength.
  • #1,303
  • Jun 23, 2008 11:24am Jun 23, 2008 11:24am
Quoting zoopy
Eurusd is showing signs of a possible wave collapse. If we close below the horizontal line highlighted on my chart, it's a confirmed collapse and my bias will then be to short on all pullbacks and wave collapses.
Was no confirmed wave collapse. Will be looking for long opportunities if price starts gathering momentum to the upside. Might have to wait another 4 hours to see what happens.
  • #1,304
  • Jun 23, 2008 1:41pm Jun 23, 2008 1:41pm
Eurusd seems to be showing signs momentum may be shifting to the upside again. 4 hour period for me ends at 4:00pm NY so I'll be evaluating based on what I see then. Bias for eurusd is currently up since we did not have a wave collapse.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_4hour_slope.gif Size: 9 KB
  • #1,305
  • Jun 23, 2008 8:46pm Jun 23, 2008 8:46pm
Eurusd seems to have formed a wave which I will now use as reference. Price is currently very close to the base of the wave so I will be monitoring what happens especially when we hit euro/london session.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_4hour_wave.gif Size: 10 KB
  • #1,306
  • Jun 24, 2008 4:10am Jun 24, 2008 4:10am
Quoting zoopy
Eurusd seems to have formed a wave which I will now use as reference. Price is currently very close to the base of the wave so I will be monitoring what happens especially when we hit euro/london session.
On E/U 4H...
Are u expecting the bounce or collapse??

sonic
  • #1,307
  • Jun 24, 2008 6:41am Jun 24, 2008 6:41am
Quoting sonicdeejay
On E/U 4H...
Are u expecting the bounce or collapse??

sonic
I'm not expecting anything but I'm prepared for both. I was thinking of going long now but my 4 hour period ends soon and the line is sloping down. I would prefer the line to actually point up instead lol.
  • #1,308
  • Jun 24, 2008 7:08am Jun 24, 2008 7:08am
I think the Consumer Confidence @ 10 is going to be bad news for USD
  • #1,309
  • Jun 24, 2008 7:12am Jun 24, 2008 7:12am
Quoting greywolf238
I think the Consumer Confidence @ 10 is going to be bad news for USD
Might be a lot of whipsaw today because of tomorrow's news.
  • #1,310
  • Jun 24, 2008 9:29am Jun 24, 2008 9:29am
Eurusd still has waves breaking up. When they break up, buy. When they pull back, buy more

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_4hour_waves.gif Size: 10 KB
  • #1,311
  • Jun 24, 2008 9:32am Jun 24, 2008 9:32am
I took a long position @ 5560 had a feeling it would shoot up, lets see how high it will go.
  • #1,312
  • Jun 24, 2008 9:34am Jun 24, 2008 9:34am
Eurgbp is breaking waves up (not confirmed yet because we don't have a close). The call I made yesterday was wrong based on what I'm seeing now. See chart below.
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp_4hour_waves.gif Size: 10 KB
  • #1,313
  • Edited 1:11pm Jun 24, 2008 9:37am | Edited 1:11pm
Quoting greywolf238
I took a long position @ 5560 had a feeling it would shoot up, lets see how high it will go.
Nice trade greywolf. I entered in at 1.5570 because of the mini wave which broke up. See chart attached.

Edit: Closed trade. Don't like the way it's hovering below a round number plus the line is bending down.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_4hour_miniwave.gif Size: 9 KB
  • #1,314
  • Jun 24, 2008 9:43am Jun 24, 2008 9:43am
Not trading the aussie but here's the chart on aussie waves. Plenty of opportunities.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd_4hour.gif Size: 9 KB
  • #1,315
  • Jun 24, 2008 9:47am Jun 24, 2008 9:47am
Now we know this is a wave collapse on the weekly chart...
Attached Image (click to enlarge)
Click to Enlarge Name: dowjones_weekly.gif Size: 9 KB
  • #1,316
  • Jun 24, 2008 10:16am Jun 24, 2008 10:16am
My TSL just got hit, got out @5601 left some pips on the table but i don't care because i still made some. London session is almost done so probably won't see much more action.
  • #1,317
  • Jun 24, 2008 1:44pm Jun 24, 2008 1:44pm
Here's a possible setup on swissy. I'll be keeping an eye on this one when my 4 hour period ends at 4:00pm NY.
Attached Image (click to enlarge)
Click to Enlarge Name: swissy_4hour.gif Size: 11 KB
  • #1,318
  • Jun 24, 2008 2:40pm Jun 24, 2008 2:40pm
Starting to notice eurusd is slipping. If we start to gradually dip down, I will be watching the outlined wave structure on my chart. Although I am in bullish mode, the base of the wave plays more of a significant role because if it was to break/collapse, it changes my bias. Also keep in mind that tomorrow is the FOMC statement so we could expect quite a bit of whipsaw between now and when the statement is released.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_currentwave.gif Size: 10 KB
  • #1,319
  • Jun 24, 2008 2:50pm Jun 24, 2008 2:50pm
Posted a chart earlier this morning but apparently I was looking at the open price because after it closed, we still haven't broken the wave up. Bias for this pair is still down.
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp_currentwave.gif Size: 10 KB
  • #1,320
  • Jun 24, 2008 3:08pm Jun 24, 2008 3:08pm
Quoting zoopy
Here's a possible setup on swissy. I'll be keeping an eye on this one when my 4 hour period ends at 4:00pm NY.
Entered long. Lets see if this trade holds up better than my euro attempt earlier.
0 traders viewing now