soltani's support/resistance trading

usd/cad: +38 pips

usd/jpy broke support at around 105.25, but couldn't break the support at 104.70. If it pulls back all the way to 105.20, I'll go short because it's in a downtrend.

sell limit: 105.20
s/l: 105.50
t/p: 104.70

There are two zones for support, one at .7705 and the other at .7665. Since my bias is long, I opened a position at .7715 and put a buy limit at .7665 in case price goes down to that point.

s/l: .7640
t/p: .7780

*edit
all pending orders for other pairs have been cancelled

gbp/usd
buy limit: 1.9965
s/l: 1.9935
t/p: 2.0005

eur/usd
buy limit: 1.5805
s/l: 1.5775
t/p: 1.5865

looking for a retrace

sell limit: 166.50
s/l: 166.80
t/p: 165.85

Unfortunately I couldn't connect to the site to post my upcoming trade for the usd/cad. So here goes: I went short the usd/cad at 1.0040 and my t/p was 1.0015.

usd/cad: +25 pips

I had posted the other trades beforehand.

gbp/usd: +40 pips
eur/jpy: +35 pips (I had changed the sell limit to 166.20, but couldn't post it because of the error on the site)

the eur/usd and nzd/usd are still ongoing

*new trade:
usd/jpy
short: 105.25
s/l: 105.55
t/p: 104.95

I don't know if I should close it or not, but the eur/usd hit a minor resistance at 1.5825. I know it's a risk, but I'll wait till it hits a major resistance (my t/p) at 1.5865.

gbp/jpy
Strong resistance at around 211 so I have a sell limit at around that area. My bias is short because of the LHs and LLs it has made recently.
sell limit: 210.90
s/l: 211.20
t/p: 210.30

aud/usd
There's resistance at .9765 and I'll set a sell limit there because of my short bias.
sell limit: .9765
s/l: .9795
t/p: .9730

usd/jpy: +30 pips

usd/jpy
sell limit: 105.70
s/l: 106.00
t/p: 105.25

I closed the nzd/usd manually for a loss of -10 pips because of the obvious resistance that's forming.
I also changed the t/p of the pending nzd/usd order.
buy limit: .7670
s/l: .7640
t/p: .7700

*edit
eur/usd
If price retraces to 1.5830 before reaching my t/p at 1.5865, I will add another position to my current trade.

Here's the same chart that I posted a few hours ago for the gbp/jpy. As you can see, the areas where I marked with arrows did work as support and resistance and price just bounced off both of them nearly to the pip. I believe that everyone should incorporate support/resistance in their trading. You definitely won't regret it.

Now back to my trades:
eur/usd: +60 pips
gbp/jpy: +60 pips

The nzd/usd, aud/usd and usd/jpy trades are still ongoing.

usd/chf is approaching strong resistance at around 1.0220

sell limit: 1.0220
s/l: 1.0250
t/p: 1.0190

I fell asleep and forgot to cancel my buy limit for eur/usd (refer to post #69). Fortunately, it's turning out to be alright. I was lucky this time.

*edit
My usd/chf order was missed by a few pips so I cancelled the pending order.

eur/usd: +35 pips
nzd/usd: -30 pips
aud/usd: +35 pips
usd/jpy: -30 pips

usd/chf
buy limit: 1.0180
s/l: 1.0150
t/p: 1.0220

usd/jpy
There's a nice 1 hour pinbar at resistance and I'll ride it down to the nearest support at around 106.30. I've also put a buy limit at that price and hopefully it'll reach my t/p at 106.60.

1st trade
sell stop: 106.55
s/l: 107.15
t/p: 106.30

2nd trade:
buy limit: 106.30
s/l: 106.00
t/p: 106.60

1st trade
long: .9700
s/l: .9665
t/p: .9725

2nd trade
sell limit: .9725
s/l: .9755
t/p: .9700

If gbp/jpy goes down to 212.30, I'll favor a long.
buy limit: 212.30
s/l: 211.80
t/p: 213.00

*edit
usd/jpy: +25 pips
manually closed aud/usd at .9725 for +25 pips

gbp/jpy: -50 pips
usd/jpy(went straight up after it hit my s/l): -30 pips

I'm still in the aussie and swissy trades.

eur/jpy
buy limit: 167.80
s/l: 167.50
t/p: 168.20

*edit
change t/p for usd/chf to 1.0270
went long the gbp/jpy again at 212.40
s/l: 212.00
t/p: 212.90

gbp/jpy: +50 pips
closed usd/chf manually at 1.0220 for +40 pips

the aussie trade is still ongoing and getting on my nerves

nzd/usd
sell limit: .7660
s/l: .7690
t/p: .7640

*edit
cancelled the pending order for nzd/usd (missed my limit by 2 pips and went on to hit t/p)

aud/usd: +25 pips

eur/jpy
buy limit: 168.66
s/l: 168.36
t/p: 169.00

usd/jpy
buy limit: 106.50
s/l: 106.20
t/p: 106.90

The pending orders for eur/jpy and usd/jpy have been cancelled.

I had a good week based on my own standards.
Total this week: +373 pips
Total since June 27: +473 pips

Hi Soltani, congrats on your great success, I like your trading style, will watch close.

Happy trading