trading for wins with the USD/JPN -fri what do you thing

Friday Day- day chart - trend was up



three ways to see
see 2 arrow
1. Stoch is turning up
2. the candle formation is up
3. EMAs ( burke trend system) is up
& the Blue (5ema ) over red (8Ema)/ blue(50 ema) over red (100ema)

So I am only going to go long
& I am going to move to the 30min to buy the dips - next chart

I buy on the arrows
the reason was where the arrow is

3 REASONS TO BUY today
1. the stoch turns up & crossed
2. the sar gives a buy sign
3. the price touched the 50 ems ( strong trend up )

Its easier to trade on thre day chart!! in a strong trend

aonly thoughts

What's the burke trend system?

you use - 5 emas & 1 sma & use colour to see trend

5 EMA-- 5 green, 8 red, 50 green, 100 red, 200 green.
1 sma-- 200 red

gives the short term,
mid term
& long term
when you have green over red on all three very strong up

I find you don't really have to use the 2-200

if you have green over red on the 1st two you have a trend
& I use it to trade inthat way

normally the stoch is used to conferm the trade 14,3,3

its a good system - its easy to see the trend

watch out this pair is about to reverse, see the daily stoch. hit above 80 and crossed now trending down.

good thing i shorted yesterday now im up 42 pips, i expect it to go down at least 60 more!

g-dogg

really it might bounce up

the trend is up & I see it bouncing off a trend line
its in a channel & its have been good about keeping in it
I might think about going long
because I did & I thought it would bounced off the bottom channel

but who knows ... I just never bet against the trend
but I leave a alot of pips on the table as well ...