Trend friendly position building

Time to weekend analyzing.
Here is GBPUSD.
For sorry the price did not reach the target only 3 pips and run to the opposite side with NFP news more then 200 pips.
There are some good news: MM's are still Bears and there are more possibilities for more trades. For a while I have placed 2 sell stop orders.

About EURUSD:
EU is still inside of range of consolidation so waiting for downside breakout...

USDCHF is mirror of EU.
Sure, there were many signals about possible trend reversing but anyway MM's still Bulls and Patience paid.

Experiment with EurAud.
I don't like current DD because of this trades - it's about 20%.
My the main mistake was placing orders by every levels instead of place by signals.
Below marked good entries - there were 4 good of them, maximum 6. good lesson and good example.
Hope current depo will be enough to prevent MC if price will continue to move to the north....

This week many news from AUD.
As usual it can be used by MM's as trigger.

Tomorrow should be hot)))))

Yen is also waiting for news. They will be announced on Thursday.

Because of many bullish signals and in confluence with EurAud and taking into account coming news I decided to start building long position by Aussie.

Also started long position by Yen.

AU
buy stop executed

AU
All 3 pending orders executed now:

One more trade GU

This morning Asia made another one PUMP&DUMP and i got very nice possibility to add one more short to GU.
Because expectation most of traders at the short side I suppose we could get another one trick from MM with higher prices but totally trend up exhausted and soon"mark down" process have to be started. No doubt.
GU

USDCHF
30 min until news

In the night filled pending order by UYen

And After LO one more sell order by EU;

AU long position closed.


+5.3 % to initial depo from 3 trades.

Because i am interested in trend friendly system i am trying to develop PVSR analyzing to be able to decrease possible DD and to improve Risk/Reward ration.
So, i have decided do not take market orders immediately as any signal founded.
I will place stop order with some range for price breathing.
If second signal will come I will close first stop order and will open new one but twice bigger then first.
This way i will follow big money and will be able to catch any fast runs.
Here my first trade by this system at AU:

Experiment with EurAud closed.
13 trades, 2916 pips, av 224pips from trade, Risk/Reward about 2/3, initial depo increased around 28% (because of too wide spread my very accurate target was not filled)
Total duration of position since first trade activated is 9 trading days.

EurAud new system trade
I have found all previous steps of BULLS.
They was around every half or round number.
After it I placed Buy stop order with lot equal to amount of all previous possible trades.
And it was executed as soon as trend was changed and confirmation of it was -2-3 model with bounce from 1.445 level.

Very interesting, thanks, keep it up DmitryFX

Keep it up DmitryFX,

Thanks for posting your trades. I am also very interested in "trend friendly building" and experimenting myself. Wish you the best!

-qFish

Again and again, i am getting the confirmations that successful trading most of all depends on psychology and patience . Totally more then 90%.
Trading is all about psychology. Patience paid!

EURAUD is still consolidating or phase of accumulation.
HTF (h4) showing an incredible clear and strong bullish reversal signal - bounce from support 1.445 with confluence of divergence at OsMA.

also PVSRA shown me one more opportunity to add one more trade, so i did it by placing buy stop order.

EURUSD
Previously at daily chart I found Bearish trend reversal pattern - Rising wedge. The power of this pattern confirmed by divergence at OsMA. Now it's under developing and I'm waiting for execution of my target....

Because of very strong confirmation I am adding new trades based on PVSRA. To do it I am using pending stop orders.

GBPUSD
Here very interesting situation is.
Daily chart is showing how strong Bullish trend is exhausted.
But price still raises. I suppose the Reversal movement should be very fast as soon as most of traders will go long...

That's why I am hardly adding shorts. My current DD about 2800 pips, still not very bad )))