Extraordinary trading style by 5ysfx

U woke up right on time
All we need is aussie below .8050

audusd bounce off from big resistance area 8100.8130
Perfectly form the one of line as usal

added short to ej at 15230


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Currently runing trades

ea longs 17584 avg no sl
ej shorts 15195 avg no sl
eu shorts 14456 and bigger one at 14356 (14373 avg) no sl
nu shorts 6748 avg no sl
aj shorts 8602 avg no sl
up long 23260
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shorted uj at 10750


stopped 0

added short to ej 15270 (avg 15231)
added short to aj 8723 bigger one now (avg 8635)

aussie come on break this .81 level !

added short to aj again at 87 sl 30 pips for this trade only (8680 avg now)

Aussie is sittin on trendline
stochs are in bear zone but momentum is quite weak yet
Now .81 should hold and act like resistance. if doesnt then i will reconsider close all carry pairs trades.
If will break this trendline then yes im in home


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Currently runing trades

ea longs 17584 avg no sl
ej shorts 15231 avg no sl
eu shorts 14456 and bigger one at 14356 (14373 avg) no sl
nu shorts 6748 avg no sl
aj shorts 8680 avg no sl (8700 with 30 pips sl)
au shorts 8097 no sl

EXOTIC
usdpln long 23260

COMMODITIES
silver short 1198
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shorted eu at 14230 target lower
will close after 70 pips probably

closed -5
seems breakout of the channel.
I will try at 14380 once again.

added ej short at 15310 (cyan line)
didnt closed my aj short at 83.30 because ej hit this line and bounce hard.

according to map ej should go down to 15150 now.

aussie still dancig at .81 level.

Got to go now I will be back in a few hours.

A few of my short orders have been trigerred while my absence :

au shorts at 8180 and 8260 (next one will be probably at 8390) - avg 8210
aj shorts at 8800 and 8860 (near timeline, next will be at 9030 ) - avg 8780
ej shorts at 15360,15420 and 15470(next could be at 157) - avg 15390
silver shorted at 12,5 (next levels will be 13 and 13,5 rest will depend on USD index situation)
usdpln longs 2.31, 2.30, 2.29, and 2.28 - avg 2.295

Manually i shorted
kiwi at 6880 -avg .6828
ea 17340 -avg 17454 :-)


eu shorts from 14456 and 14356 still open i will add at 14486 and 14690 probably

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What can i say...
It was big stupidity selling yen crosses when London bring restiction in to the stox (short position suspended)
What was im thinking ?
How yen could rise when stox must go up accross the whole europe. ?
I should have been kept my AUD longs all day long and maybe much much more :-D

I took great lesson today.


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Conclusions and plan for next week

1.Stick to the "K-map" no matter what insane move this indicates.
2 Keep good positions much longer and trail them with stops.
3 Cut off bad positions immediately or hedge them. (depend on candle stick pattern, momentum and stochs, etc)
4 Do not try to catch top/bottom all the time.
5 Do not open too many positions in overall.(8 max)
6 I must cut down on range of entry to 120pips (4 x 30 pips) -Cant be like today's enties (aj shorts are over 400 pips wide)
7 Yours proposition would be highly recommended and will be appreciated.

So the next week will be rather quiet from me. I will be focusing to trade in silence without any emotions and finally i will stop to spam this forum ;-D


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Overall results this week

total collected pips +4583
total spent pips - 235

and many pips in open positions which i will turn to green in the future hopefully

Pips had vary value but this is not important at this stage.
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I wish u great weekend mates.
See ya in next week.

And remember dont follow my trades in real account, its dangerous !

if u wanna copy or modificate them feel free to do that.

Basic interpretation and instruction how to draw it.

1st picture
Draw two green(first "timewindow's" side) parallel trendlines crossing next two purple(second side) parallel lines making rhombus(timewindow) from them. (dont ask me why i drew these trendline in this way just accept it or create them in different place i dont care)
time window- basic unit of projected price range.Price is moving in this window from side to side untill breakout and jump to another
window. So green and purple lines are strongest support and resistances in this system.


2nd picture
Split rhombus on half making timewindow axis and make parallel line to it on each edge of the rhombus then draw rest of green and purple parallel lines.Spliting rhombus on half give u exact distances to green and purple line crossroad.
Axis lines -this line is working only with range of specified timewindow. Crossing this line could make change of polarization of price moving in given range.

3rd picture
Now we have Gann Grid with vertical oriented lines(time window axis).
Next step is connecting axis point with each other and making parallel lines of it in each "timewindow".We get two new lines :
yellow dot line- these lines represent angle of past and future bull trendlines.
a) right side of the axis - support(strong buying zone) for bullish thrust.Breaking to downside mean change of medterm trend to bearish.
b) left side of the axis -resistance(TP zone) in bullish trends, but not always.
c) on lower TF act like strong sup/res level mostly it line up with 61.8%/38.2% fibo levels.Dont ask why. This is simply fact.

red dot lines - bearish "rabbit" - these lines are strong resistance area(strong selling zone) they point direction and angle of future "pricefall"
a)crossed from downside to upside became a support
b)in bearish trends - selling zone (pricefall accelerator)
c) on lower TF line up with PP - not tested yet.

4th picture
Next line(cyan dash line) will be created through connecting axis point with red and purple crossroad and make parallel lines of it .Then connect axis point with crossroad of green and cyan line making orange line so called "timeline"
This operation should divide side of timewindow to fourth equal pieces.

cyan dash line - bullish directional line - bullish "rabbit" This line is equivalent to red line for bullish side.Same angle. They cross under 90 degree angle.Close above this line(move from downside) on daily TF will cause bullish trend in near future untill this line will be broken again to the downside.Break of this line will cause price fall to next stronger support (bullish line = yellow)

orange dash line -well that line i have called "timeline" or cycleboarder.
timeline slices timewindow to 7 pieces and give us range of future price move.

Last line should be white line but i wont show u how to draw it because u can simply figure it out.Also i dont know what does this line means maybe nothing.
Last pictures are showing completed map for eur/usd, eur/jpy, aud/jpy

Congratulations u have finished the "K-map" now watch price behaviour near all those lines on lower TF and dont fall from ur chair

4000+ pips in 1 week. Doing amazing job.. Keep it up bro.

Wow, bro... Lil' bit complicated to draw all that lines. I have already felt from my chair. It's time to study...

This is nothing.It was made on 3-5 pairs which actually was based on dollar weakness or strength.We can divide this score by 5.This week i will focus only on eurjpy,eur/usd and eur/aud.And i will try to close those stupids trades firstly.



Dont worry, It does worths a few bruises on the azz.

i know know ...
but price is sittin under bullish rabbit
so i short at 14495 with 25 pips sl this give avg 14412

aj has hit timeline and lost momentum so i short it too at 89.36 (avg 88.50)
au shorted near timewindow side at 8369 (avg 8283)

enough for now let see

shorted ej at 15570 (avg 15447)
and shorted eu at 14635 (avg 14463)

All i need is 200pips pullback
ea is almost on null now maybe i will earn some on this

hi,

i am also in EurUsd short. lets look for some fall..

seems like end of wave 5 is nearly over

i shorted aussie at 8422 (avg 8313)

shorted eu 14690 SL 30 pips (avg 14526)
shorted ej 15620 (avg 15467)
shorted aj 9025 SL 35 pips (avg 8920)


SL -mean that this is only for those specific position, in other words strongly believe in retrace there according to 30min momentum and stochastic indicators.
Enough for today if wont reatrace today i will be continue tommorow.

im out now

stopped out -30

short again eu at 14862 (exactly at green line)

avg now is 14640

edit : took short aussie at 8512 (next short will be 8547 at - green line)
edit2 : took short at silver 13.5