Chinocop's Forex Fiasco

Looking for an entry on E/U.

Ok, my target on the E/J 15 minute wedge break was off by 50 pips .
I need to be a little bit more careful on my analysis.
I entered a long on the touch of the bottom of the wedge on the 4 hour chart at 113.285. I got lucky that my stop held by 1 pip at 113.95. My target is set at 114.25. I have exited 2/3rd of the position.

One good trade. One bad trade: this is what happens when you rush into a trade without proper planning.

I understand why traders need to be numb when trading, win or lose. Being emotionally invested in your trades will kill your trading career.

Today's move broke the bottom boundary of the G/U channel. I'm looking for a kissback of the trendline or the daily price level and fail for a short entry.

Possible break of E/U 15 min channel?

Damn, two bad trades last night. I was trying to play the channel break on E/J and had two losses. I should have waited for the lower boundary of the channel to intersect with a price level. I hate giving back gains. Oh well, on to the next trade. Lesson learned.

I hate to sound tinfoilish, but this is just a reminder to myself that during the US session I need to be careful playing long Yen or Dollar spots as the markets' marching orders are dictated by the Fed and US government.

E/J broke resistance. Looking for the Psych, 4 Hour and 38.2 to act as support. Will be looking for longs in that area. Looks like the next major level of resistance is the highlighted oval area. That would be a nice place to look to catch the break of the wedge.

Another ascending wedge on E/J 15 minute

Are we close to another round of intervention on JPY?

Channel within the wedge

No trades for me today and done for the week. Here's a weekly report ... trying to get better at this trading thing . Will do homework over the weekend to plan next week's trades.

Looks like E/U has gone parabolic which coincides nicely with a possible double top. I'm keeping an eye on it.

In on E/J. Let's see what happens! Since this is against the trend I'm going to be watching this like a hawk and might cash out as it might bounce back to this level again after a retrace. This might need a while to top out unless something dramatic happens to force this to break through the wedge.

Stop moved to breakeven. Wedge has broken on the 15min. Initial take profit is 113.898

Couldn't help it took some profit at 114.221. Going to bed. Good night!

Didn't see this one as I was busy with my other trade . Good for 100+ pips

Possible break out?

In on G/U

Took some profit on E/J. Have about 650 left on the trade