EUR/USD Trade (19 - 23 Sep)

Eur/Usd Hourly

Eur/Usd break support and I was just following the momentum, enter sell at 1.3552, break down fractal below support line.. Out at 1.3452 for a 100 pips profit. My original plan is to trail the stop or using the red/green line, but 100 pips tempted me, so i just took it :)

Noticed the saddle point there, a good opportunity to enter the market, hopefully no gap up or down on Monday..

EUR/USD Trade (Week 12 - 16 Sep)

EUR/USD Hourly

Trading Plan

Enter on bullish divergent bar,
Buy at 1.3616..
Stop loss would be just below the bdb low at 1.3588 (risk level -28 pips)
Using 1:3 risk reward ratio, out at 1.3706 (just near resistance) + 90 pips

Why did I take this trade?

I noticed there's a bullish divergent bar (bar no 1), then another bdb (bar no 2) and Euro keep making lower high. I kept watching this market, until the 3rd bdb was formed and then the next bar break its high, but i didn't buy it straight away. luckily it retraced, giving me a chance to buy at 1.3616. I'm comfortable with the risk level, so I took it..

EUR/USD Trade (Week 5 - 9 Sep)

EUR/USD Hourly

Saddle point
1. bracketed market with an up and down fractal (tight consolidation pattern)
2. alligator is sleeping
3. AO and AC near zero

Then it break the down fractal, Instead of selling it at 1.4050 (one tick below the down fractal), I wait for a pullback to have my 30 pips stop loss (risk control), Sell at 1.4060 with a stop at 1.4090..

Closed it at 1.3970, (using risk and reward 1:3), + 90 pips..

Using the red line, I'd still be in the market with a floating profit of 400 pips.. , but don't have the guts back then.. Still learning to want what the market wants : )

Also missed a couple of good trade since i'm not comfortable with the risk level, i didn't take it.. (risk control)

"Don't worry about the trade we missed, be prepared of what's coming next"

Until next opportunity...

Missed EUR/USD trade (Week 29 aug - 2 sep)

EUR/USD Hourly

Too much watching AUD/USD and GBP/USD, I missed this beautiful move...

1st opportunity (abc pattern)
- Double top with divergence then it start to form a tight pattern, like a bracketed market
- Enter when break fractal (up or down), down fractal for this one
- Exit one tick above bullish divergent bar or the green line (80-100 pips potential)
- We might want to use tighter stop since it's angling away from the alligator line with five consecutive red bar

2nd opportunity
- Price start to consolidate, AO near zero, break down fractal

3rd opportunity
- a tight pattern, break down fractal

Using the green/red line, we'd still be in the market with a profit around 200+ + pips,

I'd definitely exit before the non farm payroll, using tighter stop, if i trade this one, too bad i missed all three :(
I was waiting for abc pattern on AUD/USD, but it didn't happen T_T (cry me a river indeed... Lol..)

oh well until next opportunity...