Trend Trading selective pairs

Hi forum members!
welcome you all.i started this forum as trades journal of my trades.If you are interested you are welcome to follow but any trades initiated or suggested is not a recommendation to buy/sell because just like any traders,it can be wrong many times also.if i am not busy,i ll try to maintain daily entries in this thread.To cut the long intro short I like to list few points here as a guideline of this thread for myself and for interested followers.

Guidelines of this thread and content posting:
-sometimes trade entry point and exit point but never recommendation to buy/sell
- sometimes chart of selected pairs
-sometimes general trend direction
-mostly technical content only here
-posting of few selected pairs only viz-EU,Yen cross,EA
-generally manual trade but used EA sometimes for precise entry
-counter views of members welcome
-members can post views on other pairs also


-entries to thread may not done daily
-strategies may not be explained sufficiently
-guideline may change from time to time

currently short postion on EU,EA and long on GJ,UJ

exited EU-11 pips profit-fearing retracement
technical view-bullish on NJ,AJ

this is my basic chart setup-use moving average,trendlines,S/R,RSI and stoch

long entry-NJ-81.61-tp-81.86





edited: I write short instead of long.now corrected.currently in loss

exit GJ-profit-20 pips

exit UJ-profit-10 pips.trend may not be over yet

NJ acted suspiciouly.caught on wrong foot.hope its just retracement,need to wait and see

GDT wide change from previous data has seems to be the trigger the pair wait to begin down move.previous 9% and actual -3% ! such great change.took a
wrong move there. will try to close position with least damage

analysis of NJ on daily TF:
price consolidating about the 100 MA.price tested resistance viz daily,weekly and monthly and retreated from the bunch of 3 resistance.clearly,the group of resistance has offered stiff resistance which is possible reason price seems consolidating.9MA slope is clearly up and very nearby 100MA.it has more chance to cross it than not.9MA has already crossed above the 80MA which points to possibility of bullish continuance.price is moving close to upper DC channels which is
a sign of trend-possible bullish.RSI,stochastic in OB zone;it may continue to remain or fall bak to OS zone.

so possibly price can move up further and the current phase may be corrections/consolidation.

lets wait and see how it develops

Hi mirrfx,

Great thread and thanks for opening it... Do you see any trending pairs nowadays?

If you can see them what are the time frames?

Thank you so much.

you are welcome i have been tracking selected pairs(as mentioned in first post) but since Friday the market has been slow and ranging/consolidating.i ll surely post it when I see one.
I trade only 30Min,1Hr, and 4Hr TF.sometimes I see daily in case of doubt.lets wait till good trend develop..

this is the trade I took today in AJ.SMA80 cross down SMA200 downwards.besides Bollinger bands is expanding signaling increase volatility

EU chart shows bearish tendency.SMA80 cross down SMA100 and SMA200 with expanding BB

good down move in EU,EJ as expected

there is no sign of EU stopping decline yet.so better be in short side

Heres a possible top in 4HR TF to be in watchlist

Another possible top forming.Already in the trade.TP may be adjusted later as PA develops

GBPCAD: to watch for possible reversal on H4 & D1 resistance.will the uptrend channel hold or it will be pierced?is there a possibility?? whats the probability?

*RSI14 over 60 but not over 70
*STOCH533 overbought

**more detail analysis is left to serious trader

Price did fall after testing D1 resistance.GBPCAD still bearish.You can sell at every rally