Sell at 1.2897
Waiting for Wiseman 3 to add position
put a sell stop at 1.2870
2nd Trade
My sell stop was hit
Enter wiseman 3, Sell at 1.2870
3rd Trade
Forgot about wiseman 2, didn't see it...
Enter wiseman 2, Sell at 1.2872
Close 1st and 3rd Trade
Sell at 1.2897, Closed at 1.2819 (profit 78 pips)
Sell at 1.2872, Closed at 1.2819 (profit 53 pips)
Still holding one position for trend following, my target has reached though.. but we'll see, i'm using red and green line stop for this one..
Small profit or big jackpot :)
2nd Trade Update (hold position)
"Let your profit run, just follow the trend"
If you look at the chart, wouldn't you be tempted to take the profit (117 pips) hehe... Anyway let's try to follow the trend this time, we'll see wat happen
Like i said, Small profit or hit the jackpot!!! :)
Close 2nd Trade
Sell at 1.2870, Close at 1.2750 (profit 120 pips)
bullish divergent bar, hmm not that convincing though. oh well closed it anyway, next time i'll try using the red and green line stop... we'll see what happen next...
Euro Elliot Wave Count
Looks like the 5 wave up on the hourly chart is a wave c of B. Hmm tat means i wasn't trading on abc correction (retrace more than 62 percent fibonacci), more likely wave 1 of C... So Euro still goin down??? i think so...
now it's 1.2706, Trend is your friend indeed...
4th Trade
Buy at 1.2716, put a tight stop just one tick below bdb bar at 1.2697
well it's an aggressive entry using 15 min bdb. On the hourly chart bdb is just starting to develop still have to wait 10 min before the next bar open..
Close 4th Trade
My Stop Loss got hit, total loss is 19 pips
5th Trade
ok let's try it again, beginning of wave 2???
Wiseman 2
Buy at 1.2694, Stop loss at 1.2675
Close 5th Trade
hit my stop loss again, total loss 19 pips
always put a tight stop when trade the corrective wave..
6th Trade
Bullish divergent bar, buy at 1.2696
I suspect it's the end of wave b, and the beginning of wave c. i might be wrong, but i got my stop loss, one tick below the bdb at 1.2663
Close 6th Trade
Close at 1.2728, total profit of 32 pips
US Trade balance and unemployment data just came out, better than expected, dunno how the market will react, so I'm out first to see what happen.
7th Trade
Bearish divergent bar, let's try this one
Sell at 1.2734
it could be the end of wave c, entering wave 3...
don't know yet...
Stop Loss just one tick above bdb high at 1.2769
8th Trade
Let's try adding on position
Wiseman 3 (break down fractal below the red line)
Sell at 1.2712
9th Trade
Wiseman 2, add more position
Sell at 1.2685
Trailing Stop
move stop for 7th and 8th trade to 1.2711
Close 9th Trade
should've closed this position one tick above the bullish divergent bar high (20 pips), but there's connection problem :(
ohh well, still have 2 position, should've close this too but it's too late now, better hold, anyway it's just a couple pips to my next stop loss at 1.2681, why not take the risk :)
Close 7th and 8th Trade
7th trade profit is 39 pips
8th trade profit is 17 pips
total of 56 pips profit
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