High Probabilty Trading

Enter signal on 15m and enter 1pips over high of 15minutes candle:

http://2.bp.blogspot.com/-AqExoxaAjn...0/usdcadh1.gif

Already on BE. If it wont breake its max on good up trend it can go down in unregular correction move.

GBP/USD


Possible end of correction move up and begin of new trend down:

http://4.bp.blogspot.com/-VlwXTZAVN9...0/gbpusdh1.gif

Price reach possible max of wave (C) - there is another level marked on blue that can be last max if its just correction.

http://1.bp.blogspot.com/-gKDzOo6Z6M.../gbpusd15m.gif

Enter after next sell signal on 15m 1 pips below signal candle.

Sell signal on GBP/USD. 1.59495 sell stop. SLover the maximum. So it gives 25pips.


Its much bigger SL that i used but i want to follow Miner's rules for few weeks and take only strong signals with last bar + 1pips open. And i will try to stay in position longer. So if its end of correction for me i will try to be here with long term position for 5 waves.


Screen:

http://1.bp.blogspot.com/-7h7JS8IBku...0/gbpusdh1.gif

Hello on Friday 13.


Here are some thoughts about market:


First of all strongest one - AUD/USD


On daily it broke down trend channel (and it was correction one) now i expect little come back (it can be near upper trend line) and continuation of up trend.

http://4.bp.blogspot.com/-T2O7ADn8Tj...0/audusd1d.gif

http://2.bp.blogspot.com/-GYQZ7V5t20...0/audusd1h.gif

On H1 there is 3 waves trend (or it can be even 1st wave) Correction should stop somewhere in blue zones - or it can stop even now - on 38,2 but it really should come down a little bit

EUR/JPY and GBP/JPY situation:


On D1 both pairs were in strong up trend, than we had correction. Now it seems that we are in correction of this correction


It can be now B, or even 4.


Anyway I'm looking for short setups there - but it should go higher before stronger move down.


EUR/JPY:

http://3.bp.blogspot.com/-XXafLRoe-0...0/eurjpy1d.gif

http://3.bp.blogspot.com/-EwTgVMhLCy...0/eurjpy1h.gif

GBP/JPY:

http://1.bp.blogspot.com/-kqTJ4VMCX5...0/gbpjpy1d.gif

http://1.bp.blogspot.com/-Cz4V1MXiej...0/gbpjpy1h.gif

EUR/USD


There is no clear situation here. On D1 i have no idea which way it will go - it should go up in long term (so not that way everyone expect) but first it should go down.

http://2.bp.blogspot.com/-b38GAg_-ni...0/eurusd1d.gif

On H1 potential retrace zones:

http://1.bp.blogspot.com/-1pXPcPUPY5...0/eurusd1h.gif

GBP/USD


No clear situation here too. There is slowly up trend but looks like correction not trend:

http://1.bp.blogspot.com/-HFuHMmk2lJ...0/gbpusd1d.gif

It should go up to upper trend line and than go down again.


Potential points from H1:

http://2.bp.blogspot.com/-cdfFFYIcMo...0/gbpusd1h.gif

EUR/USD plan is - it should go a little bit up over its high before going down.


So from 15m there is potential entry for this move up:

http://4.bp.blogspot.com/-dy7YaMPMtT.../eurusd15m.gif

Potential end of correction wave C. I know its little messy but there are many Fibo levels there:


50% of 1-5move up
127% of wave A
200% of correction B


It can be long entry with target from H1 analysis of potential high.

Trade chart - EUR/USD retrace from another level down - on 15m chart there was signal so im in trade:

http://3.bp.blogspot.com/-Pt7sSwmD2Z.../eurusd15m.gif


Seems its not time for up. SL. But its reallt should go up before bigger fall down.

Hello all


On this weekend I had done very hard job on studing Miner's Workshop and I have some ideas of improving trading.


Anyway i just opened AUD/USD long:

http://3.bp.blogspot.com/-fQXW3HWjUi...0/audusd1d.gif

http://1.bp.blogspot.com/-t09Ix8Q3lq...0/audusd1h.gif

http://1.bp.blogspot.com/-wV9f1nmd5o.../audusd15m.gif

On D1 it should be wave 5 up - that should subdivide on 5 waves on H1 and now it seems we end correction wave 2.
On H1 it subdivide on ABC correction and last C was 5 waves move that stoped on 61,8% of big wave 1, and some projections on smaller Time Frame.

USD/CAD


Here also is good setup:


On D1 it can be wave 5 now:

http://4.bp.blogspot.com/-rUxukgE-Zd...0/usdcad1d.gif

And on H1 there was wave 1 and now wave 2 reached 61,8 of wave 1 and it can be end of this wave..

http://4.bp.blogspot.com/-UZgtmJJ2X2...0/usdcad1h.gif

If USD/CAD breake this zone - its is more probable next zone marked blue - 78% retracement and 78% APP of wave A of wave 1

AUD/USD position manage:


On 15m short position target is 50% of retracement of abc move corection down.


But DT gave buy signal on 15m and im moving SL below signal bar.


Long term position SL is still below c low.

http://1.bp.blogspot.com/-k4WSam4_SI.../audusd15m.gif

Its mistake - SL should be moved below low of minimum of wave that gave signal:

http://2.bp.blogspot.com/-bu9PzAM72_.../audusd15m.gif

Ok. 12:12 price almost reached target - after this 15m bar i will start to Trail Stop this position 1pips below last bar/candle

Position closed on +32pips SL of long term position moved to 1.03210 - and thats just below 78,6% of last move up - and its maximum point of correction if that move go on. If price go down below that point that will mean that we are going back to down trend and there is no point to be long.

So not BE but minimum point on which longs should be still consider.

http://www.forexfactory.com/showthre...94#post5576294

I have also LONG AUDUSD

Nice. But i dont feel like i can trade with D1 and H1. D1 just for a longer market view and H1 15m for trading.

I'm trying to trade longer setup at the moment, let's see how it goes.

V good. But it really need patience to make it.

And u took Your profit so quick it should be at least at 50% of abc move You marked.

Yeah, I was reading the chart with my mobile this morning, first lot profit taking was based on the first little wave. Will keep 2nd lot based on longer time frame. But i will add more lots if I see smaller time frame wave pattern is still showing impulsive