Extraordinary trading style by 5ysfx

hehe thats pretty funny i bought and ej goes down right after

will buy again at 14756 and 14712 also i will buy eu at 13956 13912


If u wanna make money do opposite when i play ej

shorted ea 17705 SLP

I see TL
boght at 17656

eu order activated at 13956

All are SLP
No way back mode.

bought ej 14835 LP for quick profit

This time will go up

edit :
haha not at all boght at 14769 SLP

went long at .7900 SSP
added long at .7912 MP

2 year cycle timewindow(square)
Remeber price is a fractal u can watch such pattern on lower TF Gann grid.
It does look perfectly harmonic.Noone lose nor AUD neither JPY.
This is like heart beat after defibrilator use.
Equilibrium is located around 93.
My TP for carry trades will be around 97-98.
According to K-map ETA is May 2009

Below is my current running trades and closed ones.

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Longterm plan(change of plans)

USD/CAD long 10355 SP . closed +300 =+0.6%
USD/PLN long avg 2.26 (2.28, 2.24) closed at 2.43 for + 1900 pips and +1500 pips =+ 3.4%.Reversed to short now at 2.43 SSP


Medterm plan

USD/JPY long avg 10440 SP, (10540,10440 10360) Target around 113.
AUD/JPY long at 8312 SLP (carry trade)
KIWI long 06695 MP


Nearterm plan

EUR/AUD short 17530 SP, 17600 SP. 17690 SP. 17780MP,17850 SP 17990 SP 17760 MP 17720 SLP, 17705 SLP
CABLE long 17805 MP, 17820 SLP ,17772 SLP,17712 SLP,17656 SLP
FIBER long at 14065 SLP , 14433 SP, 14450 MP,14012 SLP,13956 SLP
EUR/JPY long 15243 SP, 15255 MP,15205 MP, 15183 MP, 15130 MP, 15070 MP, 14980 SLP, 14960 SLP, 15004 LP ,15000 SLP, 14983 SLP, 14953 SLP, 14907SLP 15017 LP,14812 SLP,14863 SLP, 14865 LP ,14769 SLP
GBP/JPY long 19010 SSP .188 SP 18915 SLP 18870 SLP ,18712 SLP, 18612 SLP
AUSSIE long at .79 SSP, .7912 MP



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MM explanation.


SP - small position = 100pips of P/L = 0.2%
SSP - semi small position = 50 pips of P/L = 0.5%
MP - medium position = 35pips of P/L =1%
SLP - semi large position = 15 pips of P/L = 1%
LP - large position = 10 pips of P/L = 1%
VLP - very large position = 5 pips of P/L =1%
EP - extreme position = lower than 5 pips of P/L = 1%

Important note about MM
when i write about P/L percentage i mean non-cumulative account ballance

for example

100% = 1000$
i won 10% so i got 1100$ next i lost 10% so i got 1000$ not 990$
All my profit is transfering immediately to low leverage "carry" subaccount" and i save money there and wait for oportunity to go long on yen crosses for month or so
I dont use cumulative method because this is best and fast way to lose all my money.[/quote]

Orders activated


long all are SPL
ej 14712 14656 14612
eu 13912 13856 (below 13800 is freefall space till 134)
gu 17612
aj 8212
au 7812

No backward step...

bought 13914 LP SL 20pips

edit this is real bullsh*t

bought insted SL bullflag on 5 min TF

usdpln goes down carry pairs go up
usdpln goes up carry pairs go down

He is reacting first

Do u want to hear curiosity ?

PLN(Poilsh zloty) and CZK(Czech crown) was a strongest currency on the world.



shorted usdpln 2.445 MP
added at 2.455
and will be continue still

bought cable at 17660 LP SL 30 pips should fly away soon

added at 17640 LP

Moved both SL to 17610
maybe i go somewhere to dont watch it hehe

same here bought instead SL

If this currencies wont go up today i i be back next week only or maybe week after.
So just in the case
Have a nice weekend

Orders activated are

usdpln short 2.485
eurusd longs 13756 13812
eurjpy long 14556
gj 18756

and will be adding in the same pattern both ways so wont post anymore my entries,First exits should be around
ej 149.50
eu 1.4220



I will blow up my accounts when ej drop below 14250 untill then i will be buying in xx12/xx56 pattern

Probably noone is reading this aftert that crappy entries heh.

Good luck trade well definetely not like me i this journal

on my charts next serious stop for e/j is 142,7, so you might have luck

But if we break this level, there might be a full retrace.

Don´t try to pick bottoms, go with the trend....

You like to watch videos?:

http://www.pfxglobal.com/eur-jpy/eur...ily-video.html

Peaches, you beat me to it ;-)

I was going to suggest that you follow the trend. I took a shot at the EJ long the other night but was stopped out. However, I didnt when you added more longs yesterday.

You're trying to stop a run away train. Instead of of trying to stop it, hop on board! I went short when it broke that triple bottom and am enjoying green pips. You should do the same. Wait for this thing to settle down, then go long if your charts tell you to do so. Don;t do it will it's frefalling though.

B

Not worried peaches
I like to catch top/bottoms, thats my style maybe stupid one but im still learning this technique and im going to be master with that..
From weekly studies point of view EUR/JPY must go up today if wont then next week will be total selloff to 137 level that is imposiible IMO.
Eur/usd if will drop below 138 end up its journey at 133. Is this possible 1.3300 next week ? I doubt it but u know thats forex

Below eu and ej charts with k-map.

One more thing GBP index hit quarterly LTL of the upward channel

Below is my current running trades

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



Medterm plan

USD/JPY long avg 10440 SP, (10540,10440 10360) Target around 113.
AUD/JPY long at 8312 SLP 8212 8156, 8112SLP (carry trade)
KIWI long 06695 MP
SILVER at 11.05 target is 15.00-16.00
USD/PLN short at 2.43 2,445 2,455 2485



Nearterm plan

EUR/AUD short 17530 SP, 17600 SP. 17690 SP. 17780MP,17850 SP 17990 SP 17760 MP 17720 SLP, 17705 SLP 17756 , 17812, 17856, 17912

CABLE long 17805 MP, 17820 SLP ,17772 SLP,17712 SLP,17656 SLP, 17612 SLP, 17660 17640 17610 17556

FIBER long at 14065 SLP , 14433 SP, 14450 MP,14012 SLP,13956 SLP,13912,13856,13812,13756

EUR/JPY long 15243 SP, 15255 MP,15205 MP, 15183 MP, 15130 MP, 15070 MP, 14980 SLP, 14960 SLP, 15004 LP ,15000 SLP, 14983 SLP, 14953 SLP, 14907SLP 15017 LP,14812 SLP,14863 SLP, 14865 LP ,14769 SLP ,14712, 14656, 14612, 14556,14512,

GBP/JPY long 19010 SSP .188 SP 18915 SLP 18870 SLP ,18712 SLP, 18612 SLP,18556SLP ,18512 SLP,

AUSSIE long at .79 SSP, .7912 MP, .7812MP .7756MP, .7712MP

After i have added fund to my subbaccounts to avoid "margin call" positions value (SP,MP,SLP etc) are not important anymore. I will try to clean this mess and start over again.


-----------------------------------------------------------------------------------------------------
MM explanation.


SP - small position = 100pips of P/L = 0.2%
SSP - semi small position = 50 pips of P/L = 0.5%
MP - medium position = 35pips of P/L =1%
SLP - semi large position = 15 pips of P/L = 1%
LP - large position = 10 pips of P/L = 1%
VLP - very large position = 5 pips of P/L =1%
EP - extreme position = lower than 5 pips of P/L = 1%

Important note about MM
when i write about P/L percentage i mean non-cumulative account ballance

for example

100% = 1000$
i won 10% so i got 1100$ next i lost 10% so i got 1000$ not 990$
All my profit is transfering immediately to low leverage "carry" subaccount" and i save money there and wait for oportunity to go long on yen crosses for month or so
I dont use cumulative method because this is best and fast way to lose all my money.

usdpln was sold on this rally(subwave 5th of wave 5th) 2.495

1st target for this slide will be around 2.25
This will give me ~2400 pips average by November 18

My long entries on yen crosses and USD bear are not safe at the moment but... always is some but

On the first chart (3h TF) we can see EMA20 on stochRSI pointing down indicates downtrend.
Important thing is that indicator has been stopped at bearzone border this might indicates strong support(bears may give up )
Next week will fight for that level.If this border will be defendend we could prepare for nice bounce off.
We all know that oscilators are laggin mostly.
So to avoid this inconvenience lets change TF to 1H or less to get brighter picture.

Second chart (1H TF) shows clearly downside direction pointed by EMA's but is nearly to exhaust. Let see how they wanna play this out.

Obviously we have still downtrend any long here are dangerous.

4 scenarios according to K-map
Purpose of these charts is for experiment use only.
Im not making call just checking probabilty of future prices.

If one of these scenarios will fill in 70% this will be great succes.

Still got all open positions.
I didnt close them because i hate the moment that right after i have closed my trade price will change direction LOL

yen index is at major resistance 260-261 if wil break then i short yen crosses for hedge..(better late than sorry)

For now still buying yen crosses eur and aud.I know that is stupid but i d like to be honest here.I need only 500 pips retrace to exit smoothly

Shorted euraud at 18098 for quick profit TP likely 80 pips below

edit
LOL that was really fast 80 pips but either way
catched short ea at 18180 for qiuck profit (hope so) LOL