Saturday 25 December 2010

Merry X'mas & Happy New Year





Merry X'mas 2010 & Happy New Year 2011,


This year have been a wonderful journey, and definitely next year will be just even better.. :)

Tuesday 21 December 2010

GBP/USD week 4 cont...

A bullish divergent bar at support

Buy at 1.5476











Close Position
Close at 1.5476 (gut feeling), bep

need to be careful with bdb, better play it safe

EUR/USD week 4 cont....

15 min chart
Price went up, took a breath, then break the 3rd fractal up. Bill said, he normally takes the 3rd fractal. Let's see... :)

Buy at 1.3183









Close Position
Wow a big down bar

Close position at 3159, price close below red line, a total loss of 24 pips

Monday 20 December 2010

EUR/USD week 4

Saddle point, been resting quite a while..

Break down fractal, Sell at 1.3141







Close Position
Close position at 1.3170, total loss of 29 pips..

Price close above alligator..







2nd Trade
Saddle point, Break down fractal

Sell at 1.3150











Close Position
Close position at 1.3118, price close above green line, a total profit of 32 pips..

Missed Opportunity (the power of saddle point)
There was a saddle point, but didn't see it, T_T
Buy at 1.3130 and close at 3182 (one tick below BDB low), a total profit of 52 point, missed it, too early in the morning, still sleeping :)

AUD/USD week 4

Saddle point

Break up fractal, buy at 0.9908







Close Position
Bearish Divergent Bar

Close at 9898, a total loss of 10 pips..

GBP/USD week 4

Let's trade 15 min chart, been resting for a while then it breaks the up fractal.

Buy at 1.5526

hmm.. just noticed the AO, looks like it's still goin down, a move up possibly just a correction. Oh well, already bought it, let's see wat happen :)






Close Position
Hit my 5 bar stop loss

Close at 1.5546, a total profit of 20 pips..

If it breaks the up fractal, i'll jump back in..
I've put a buy stop at 1.5570..




2nd Trade
Break up fractal, buy at 1.5570









Close Position
Hit my stop loss at 1.5530, a total loss of 40 pips

Thursday 16 December 2010

EUR/USD week 3 cont..(2)


 Hit my Sell stop at 1.3205, break down fractal








Close Position
Just check this morning, my stop loss was hit at 1.3264, previous 2nd up fractal, a total loss of 59 pips

There is a bullish divergence bar and an AO divergence on the 15 min chart, and then a twin peak signal occurred in the hourly chart.

Looking at this, I would've closed my position based on the twin peak signal, one tick above the corresponding bar high at 3242 (37 pips losses), a smaller losses, well but i wasn't awake at that time. :) hmm should've thought about this when putting a position at night.. ok noted :)

Tuesday 14 December 2010

AUD/USD week 3 (Dec 10)

Same like Euro, market moves a up, took a breath then it breaks the up fractal..

Buy at 0.9967

Stop loss at 0.9941 for now or the red line









Close Position
No exit signal from hourly chart, close position based on gut feeling hehe, ao price divergence
15 min chart AO divergence, price close below red line, alligator start to sleep..

Close position at 0.9990, a total profit of 23 pips..

EUR/USD week 3 cont...

Market moves up, and took a breath. Then it break the up fractal....

Buy at 1. 3403

Stop Loss at 1.3371 for now (Previous 2nd fractal)








Close Position
Decide to close position using bearish divergent bar low instead of the red or the green line stop loss, coz AO and price divergence.... play it safe :)

Close at 1.3429, a total profit of 26 pips...

Monday 13 December 2010

EUR/USD week 3

Just found out, my buy stop got hit, break up fractal..
BUY at 1.3246








Close Position
Hit my 5 bar trailing stop
Close position at 1.3376, a total profit of 130 pips..

The power of saddle point, the longer it sleeps the better when it wakes up... :)

Friday 10 December 2010

EUR/USD week 2 (Dec 10) cont....

Buy at 3264

A bracketed market (saddle point), break up fractal.











Close Position 1


a bearish divergent bar, close position at 3261, 3 pips loss hehehehe... get ready to sell if it breaks the down fractal or buy again one tick above bdb high.. :)









Another Saddle Point

Sell at 1.3222

Daily chart: Alligator open up, price below alligator
4 hour chart: Alligator intertwine, price below alligator









Close Position 2
Close position, one tick above bdb high at 1.3226, a total loss of 4 pips..

Alligator still sleeping, a sideway market, watch this market carefully, the longer it sleeps the better. Won't miss this breakout.. :)

Thursday 9 December 2010

EUR/USD week 2 (Dec 10)


Hopefully my wave count correct...

Target zone would be around 3495-3669












Close Position
Hit my stop loss at 3242 (the last fractal), a total profit of 13 pips.
From floating profit 80+ pips :(

Forgot with the 5 bar stop loss at 3289 (+60 pips). Hmm.. need to remember that, since the trend still too early too tell, should've used tight stop...

Ok noted, Now let's just wait for next opportunity :)
Just remember the rule (saddle point)





2nd Trade of the day
Decided to enter the 2nd BDB, buy at 3230.

Had a couple of bad experience with wiseman 1, need to be careful with this one. That's why i entered on the 2nd bdb, need to make sure there's really a buying pressure out there and also it stops around 72% fibonacci, which is a typical end of wave 2.

Hopefully my wave count is correct. Well if it breaks 3179 then the wave count fails..

Why not give it a shot :) We'll see...



Close position

Hit my stop loss at 1.3193, a total loss of 37 pips :(
oh well.. let's wait for next opportunity..
Still need to figure how to use wiseman 1, a gambling phase indeed.. :)