My realtime account journal

1. now can u see the bearish bar for the month of October ?
2. price should have followed thru with more downside action and closed November in the red as well, well ? did November close down ?..please check for yourself.
3. no ? ...correct,
4. Nov. closed up and not just up, it opened with a Gap up and pa proceeded to produce a a BULLISH ENGULFING candle.
5. these are my reasons that i intend holding longs on this pair for a 1,000 pips, God Willing,
6. stacking or pyramiding may increase that 1,000 pips ten fold.
7. i may be wrong ofcourse, i'm a tracker as were some of my ancestors, i can't help it ...it's in my blood...
8. i only intend to follow the spoor or tracks left behind by the market.

​PS: i'm already long in another account.

1. price losing above DO in 4hr,
2. if that bearish bar of yesterday is negated by a bullish bar, stacking will be in order,
3. after that, keep on stacking in 4hr using DO as a guide.

1. one is in the 1hr tf and the other
2. is in the Daily tf

​the price chart shows the hourly price patterns.

Attached Image (click to enlarge)

1. Gap down of the USDCHF and the
2. Gap up of the NZDCAD

​lets give some reasons for the longs:

USDCHF

1. the Swissie closed with a Bullish Engulfing Bar (+BEB) last week after a very -BEB the week before, thus negating that negative signal.
2. also 4hr closed above DO
3. lastly, the Monthly trend is up

NZDCAD

1. the NZDCAD closed with Bearish Topping Tail (-BTT) the prior week which suggested further downside, but thus far nothing of that threat materialised, it could still turn bearish ofcourse but i'm willing to probe long should the -BTT be just a bluff,
2. also, it's 4hr bar closed above the DO. (at the time of entry the 4hr was not completed on both longs.)
3. lastly, the Monthly trend is up.

from my perspective, the only downside to these entries are the illiquid nature of the market right now.

Attached Image

Attached Image

1. 4900
2. 4770 and
3. 4726

please note;
a) these buy zones are taken off the higher tf's
b) these buy zones are dynamic in nature...meaning as price changes so may they change, however, the further away the tf it's from from, the slower it changes.

it's the new year 2015 CE [christian era] and i wish all traders and investors beneficial knowledge and a successful year both in their trading lives and in their personal and family lives.

1. according to my analysis from post 160 page 8 onwards, i conveyed a very bullish sentiment for this pair, for the record, this sentiment still stands,
2. but i have since changed my stated holding period of several weeks to months for longs...i will NOT keep LONG trades for more than a day, my reason ???
3. the over night interest charge are ridiculously prohibitive.
4. any overnite trades in this pair will be shorts only. i intend posting some visuals later.

​when one looks at post 172 above that shows open trades, take note of the 1st trade of NZDUSD which is a short trade...now check the interest charge, similarly, the last trade of AUDUSD is a also a short trade...now check the swap/interest charge. i will elaborate more on my new trade direction strategy and chart setups for this new year, God Willing.
Also i will show a way to easily assess whether ones preferred fx broker is honest or out to scam us in any which way.