Trades based on Market Geometry and Price Action

i will buy aud/jpy at 81.56 sl=81.03 tp1=8280 tp2=84.20

i have lowered my entry on aud/jpy at 81.29 sl=80.90 take profit is the same.
on aud/usd, entry is now at 1.0430 sl=.0376 tp is the same

i lost that trade and re entered my long on aud/yen buy at 81.34 sl=80.73 tp are the smae

i took 2 losses this week, but i'm ok...i have just shorted the gbp/yen at 125.71 sl=126.21 tp=124.62 tp2=122.80
shorted the gbp/usd too at 1.6171 sl=1.6233 tp1=1.6400 tp=1.6200

What was your reasoning for shorting GBPJPY? On the daily chart there looks to be a solid support here at 125.65 :S

Would be good to hear/see your analysis as to why you are taking these setups. I have been short GBPUSD since yesterday (based on "price action" mind you) and can't tell for the life of me why you'd enter a short here...

All the best.

jr

Hi J,
the gbp/yen completed a gartley pattern on the weekly time frame, and closed with a pin bar..Normally i should have entered early, but i missed it. Anyway i closed the trade with 2.5 pips loss. also loss 12 pips on the british pounds. but that's not a good deal

i'm buying aud.usd again at 1.0392 sl=1.0317...tp are the same
you can wait for the break of the purple channel if you want to be more careful...

So you implement harmonics within your price action trading? Do you find them to be accurate?

jr

Do you draw your own harmonics, or do you use an indicator? What other techniques do you use if you don't mind me asking.

jr

harmonis is very powerful. but it must be used with other techniques like candlesticks and sometimes strong pivots...

i will buy aud.usd again at 1.0460 sl=1.0420 tp is the same

buy aud.jpy at 81.20 sl=80.85 tp is the same

with the trend shift, i will be shorting aud and aud.jpy
short aud.usd at 1.0323 sl=-63 pips tp=1.0167 tp2=0.9300

i just dhorted aud/usd at 1.0249 sl=1.0330 tp=1.00 tp2=0.9800

Do you keep your shorts or do you reverse?

i will wait for today's close

i'm really sorry for those who closed their trades scared by this useless non-fam payroll...350 pips so far. i will keep these trades nicely

no updates?

i was late today for work...

so anything for today ?

i shorted nzd/chf at 0.7649 sl=0.7718 tp=0.7518 tp2=0.7420