London New York Tokyo Helsinki

Wednesday 28 April 2010

I see 2day pinbar on UJ, I will trade with first profit below 94.77 and SL based on 30M price action.
These are levels I'm going to watch closely tomorrow:

EU
break above 1.3266
bounce down of 1.3290
break down or bounce of 1.3114

GU
break below 1.5124
bounce down of 1.5295 [significant]

EJ
break above 125.00 [significant]

Thursday 22 April 2010

I will trade short USDCAD on nearest 30M signal [lower high followed by breaking recent 30M low].
This is based on strong 3-days pinbar already broken yesterday and now hesitating. I will not trade it if yesterday's high will be broken.

Mini-Dow looks nice as well. If recent highs will be broken, I will trade it long on nice 30M signal. CADJPY with first target above 92.0

What is important here I'm also ready to trade this pair long in case it will break recent highs.

Monday 19 April 2010


GJ - entry on bottom of previous week low [4h chart, grey line]. Price firstly ranged just below mentioned level. Then break of bottom of the range was sort of alert to enter [blue ellipse]. I managed to enter @ 141.05.
my TP was 140.55. However it was not triggered I managed to close half with 30 pips profit after I noticed how close to my TP level price just bounced back.
I moved SL for another half 5 pips above entry level, what caused me 5 pips loss on another half.

After this GJ raised 40 pips above marked level, so closing trade with small loss was definitely profitable decision.
I decided to return to my practise of making notes. My new commentaries will differ a bit.

I will mostly post levels where I expect price to turn back for 30 pips and more. I will be making trade decisions simultaneously basing on marked conditions after level was touched. Then I will post all trades I've opened, sometimes with charts and comments.

sometimes I will post interesting setups on daily chart and will describe if trade them.

In nearest future I will submit my trades on myfxbook, so you can study exact levels and times of my trades.

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