Skracor's Thoughts and Journal of Trading

Ah. SL hit. -17pips looks like a minor Stop hunt before they go my way, lol.

Never like to start the week with negative pips. But I'm seeing some awesome stuff so I can't quit now. Gonna shut it down and come back at LO.

I still see 1.6098 as valid short entry if there is no new HH on M15 chart.

A tight SL is my number one goal. If it moves against me, its cut off, even if later it runs my way.

G'night all.

The GU has a tough range, I was thinking 1.6096 would break with a move down to 1.6030 area, on a move up it could go to 1.6200 area.

I was bias to downward, but really needing to see your areas break for the confirmation to trade.

Cable long from 1.6145. Ready to see where it goes.

Okay SL Hit. -15pips. They have a fine screw you attitude this morning.

Markets are looking tight right now! Gonna wait for it to show a direction.

I have been a little frustrated the last couple days. My strategy is giving away pips in a fire sale but I haven't been able to capitalize. My computer and house has been over crowded with visitors. This has made trading time spotty at best, and the times I have been at the computer the market acts like a Tortoise.

Hopefully I will have the patience to wait for the times when the market is moving.

Okay, I know I can do this... (giving myself a little pep talk)

Here are new GBP/JPY charts. Think I have been looking at too many pairs at the same time. Gonna just follow this one for the foreseeable future.

Chart updates.

Buying from 145.63 for the moment.

Other stronger buys at

145.66
145.92

Bought from 145.63 which after spread equals 145.67

I will consider adding at 145.92 if the PA is right.

I didn't add at 145.92 I think there may be a pullback before it continues in that direction. I would definitely wait until that pullback is over. If there is no pullback and it just continues that is fine as I am already in.

Not willing to allow a winner be a loser, I am out at BE. The pullback was a bit more than I was hoping for.

The opportunity for a short has passed my by I think. So I am going to wait for another long opportunity and see if we can break the 145.92 area.

That would have been an okay yield on the short trade, but now my TL is established for where longs should begin.

Beginning of the week charts. Will update as they need.

Good spot for a long. Looking for shorts at break of TL.

Doing my best to become more fluid in my thinking. Rigidity has been a problem of mine for quite some time.

TL break examples.

Possibly short from 144.17

closed short for +28 pips. Good start to the week. Gotta keep it going though.

Possible long, but watching PA. Entry may move down later. May also be time for bed so I may not take this trade, if it materializes.