KissFan's Trading Journal

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Nice trades!
any positions still open?
btw, would u kindly get out of your lurking cave (j16 thread)

Hey SC! I am in the middle of selling my restoration company and there is much to be done. I have been reading whenever I can and only stop in to post on the journal to remind myself of charts to watch for set-ups. I have to work all of 2010 for the company that is buying my business. Not a bad deal though as I will only have to be there 3hrs a day. That gives me about 6 hrs everyday to trade before I go in. How's it on your end of the world? I see you post a bunch and I try to read them all. I've been doing some I4B experimenting as well. Good hearing from you SC!!

K.I.S.S.

thanks, im doing a little better than before &/or previous years. i guess
so, i was correct in suspecting that u were busy.

yes, ive seen your posts too over at Mike w's thread.

despite being busy, at least u are keeping your journal up to date.
Good luck with everything

very detail journal.. will keep my eye here

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This is a short on Euro/Yen that played out nicely and took profit a couple of hrs ago. I am always looking at different ways to trade profitably and this is one that I have been testing for a short time now with promising results. I use MACD on it's default settings from MT4 (12-26-9) and fibs for take profit exits. There are many set-ups to choose from when you watch the hourly charts so it's easy to be picky. In this instance I observed that price had failed to break 133.75 for the second time as the divergence became apparent and felt that it was time to execute a trade. There was one more test of that area before price finally went in my direction. The trade is entered on the break of the bar where we observe divergence between price and the MACD. As always, use sensable stops and watch the price action.

K.I.S.S.

Pins off daily support. Brown Lines are 4 hr s/r and yellow are daily s/r. R/R is just better than 1/1.

EDIT: Stopped at BE

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Daily and 4hr showing divergence. Need some good PA here for a long position back to 1.0353