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Off Road System

  • #861
  • Edited 5:51am Feb 27, 2015 5:35am | Edited 5:51am
Quoting Patron
USDJPY M5 Try shorts Anlisis wave... {image}
USDJPY M1

Close all shorts.
Retracement(?) scalped...
Attached Image (click to enlarge)
Click to Enlarge Name: ujretace20.PNG Size: 139 KB
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  • #862
  • Feb 27, 2015 5:49am Feb 27, 2015 5:49am
NZDUSD M15

NU has receded 50% from the previous wave.
Probably, I will wait up to 62%, where there was much trading volume (resistance) to see what happens at that level.
Attached Image (click to enlarge)
Click to Enlarge Name: nuretrace50-62.PNG Size: 133 KB
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  • #863
  • Feb 27, 2015 6:03am Feb 27, 2015 6:03am
Quoting Patron
NZDUSD M15 NU has receded 50% from the previous wave. Probably, I will wait up to 62%, where there was much trading volume (resistance) to see what happens at that level. {image}
NZDUSD M5

Is this a reversal (double top) or a retracement?...
Attached Image (click to enlarge)
Click to Enlarge Name: nu reversal retrace.PNG Size: 143 KB
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  • #864
  • Feb 27, 2015 6:11am Feb 27, 2015 6:11am
USDJPY M1

I look for longs...
Attached Image (click to enlarge)
Click to Enlarge Name: ujm1lookklomg.PNG Size: 141 KB
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  • #865
  • Edited 7:15am Feb 27, 2015 7:00am | Edited 7:15am
Quoting Patron
USDJPY M1 I look for longs... {image}
Error, I should expect, are near session change. But I allow the stoploss is run. When I know the trend for sure, I will recover the lost pips, I hope ...

That is a very bad trade, because after 5 vawes same degree need, at least, retracement, and it is a upper band. For long, need retracement and confirmation.
Attached Image (click to enlarge)
Click to Enlarge Name: uj error.PNG Size: 137 KB
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  • #866
  • Feb 27, 2015 8:40am Feb 27, 2015 8:40am
Quoting Patron
{quote} Error, I should expect, are near session change. But I allow the stoploss is run. When I know the trend for sure, I will recover the lost pips, I hope ... That is a very bad trade, because after 5 vawes same degree need, at least, retracement, and it is a upper band. For long, need retracement and confirmation. {image}
USDJPY M1
I do not see clear. So I close longs scalped.
Attached Image (click to enlarge)
Click to Enlarge Name: ujm1222noclaro.PNG Size: 117 KB
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  • #867
  • Feb 27, 2015 10:06am Feb 27, 2015 10:06am
OK, last trades of the week...

M5 USDJPY +95 pips

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 137 KB


see you next week...

edit: if it wasn't friday, I would short it now. but I don't want to risk anything for the weekend...
  • #868
  • Feb 28, 2015 2:46am Feb 28, 2015 2:46am
Quoting isengoz
OK, last trades of the week... M5 USDJPY +95 pips {image} see you next week... edit: if it wasn't friday, I would short it now. but I don't want to risk anything for the weekend...
USDJPY
Congratulations for your trade.
You have made a very aggressive first entry, based in the waves and indicators (like what js made in a prior trade). Then you have made a second entry, safer based on Price Action and break the trend line, with an objective that I failed to see at the time.
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  • #869
  • Feb 28, 2015 2:51am Feb 28, 2015 2:51am
EURUSD H4

Chartism:

I think that correction H4 have not finish.
Then, this is one scenario of my view.
Attached Image (click to enlarge)
Click to Enlarge Name: EUH4CHARTISMOCORRECTION.PNG Size: 95 KB
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  • #870
  • Feb 28, 2015 2:58am Feb 28, 2015 2:58am
Quoting Patron
EURUSD H4 Chartism: I think that correction H4 have not finish. Then, this is one scenario of my view. {image}
EURUSD H1

Looking fo reversal here...
Attached Image (click to enlarge)
Click to Enlarge Name: eulookreversalh1.PNG Size: 104 KB
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  • #871
  • Feb 28, 2015 3:43am Feb 28, 2015 3:43am
USDJPY daily

My assessment of Big Picture for this currency pair is similar to the EURUSD but inverted way. So I think it will be bearish. We will have to investigate smaller timeframes.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY daily bearish.PNG Size: 75 KB
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  • #872
  • Feb 28, 2015 3:54am Feb 28, 2015 3:54am
Quoting Patron
USDJPY daily My assessment of Big Picture for this currency pair is similar to the EURUSD but inverted way. So I think it will be bearish. We will have to investigate smaller timeframes. {image}
USDJPY H4-H1

According to our system "Off Road System" (ORS), the h1 and h4 timeframes show a sideways market condition.
Therefore, I will save savages ruptures at those levels, it should be easy to follow the waves of this currency pair.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ujh4.PNG Size: 115 KB
Click to Enlarge Name: ujh1.PNG Size: 90 KB
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  • #873
  • Mar 2, 2015 2:11am Mar 2, 2015 2:11am
Quoting Patron
{quote} NZDJPY H4 I fully understand your argument, and, as I said, is a likely scenario. But for my style of trading, it is difficult to search for trade longs, and it is easier, for me, in this situation, wait and look for shorts trades.
NZDUSD M5

Closed Shorts.
I dont know if correction is finish...
Attached Image (click to enlarge)
Click to Enlarge Name: nu35be.PNG Size: 123 KB
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  • #874
  • Mar 2, 2015 2:32am Mar 2, 2015 2:32am
Hi guys

EJ +14
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 58 KB
  • #875
  • Mar 2, 2015 2:43am Mar 2, 2015 2:43am
Quoting jstmzplsz
Hi guys EJ +14 {image}


Morning. We will see if the EURO decides to make a good bullish correction.
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  • #876
  • Mar 2, 2015 2:46am Mar 2, 2015 2:46am
Quoting Patron
{quote} Morning. We will see if the EURO decides to make a good bullish correction.

Agree. And we are in decision area on EJ and EA.
I don't trade EU lately. Someone knows?
  • #877
  • Mar 2, 2015 2:48am Mar 2, 2015 2:48am
Quoting Patron
{quote} Morning. We will see if the EURO decides to make a good bullish correction.
Also I have an eye on USDJPY, seeking SHORTS.
Attached Image (click to enlarge)
Click to Enlarge Name: ujseekingshort.PNG Size: 117 KB
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  • #878
  • Mar 2, 2015 2:50am Mar 2, 2015 2:50am
Quoting jstmzplsz
{quote} Agree. And we are in decision area on EJ and EA. I don't trade EU lately. Someone knows?
My view is
http://www.forexfactory.com/showthre...07#post8103007
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  • #879
  • Mar 2, 2015 3:34am Mar 2, 2015 3:34am
GJ +24
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 58 KB
  • #880
  • Mar 2, 2015 3:36am Mar 2, 2015 3:36am
Quoting jstmzplsz
GJ +24 {image}
idem
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