fullmoon's Blog
Planned Short Entry still at 1.18 for EURUSD
eurI have aleady two trades running in GBP and JPY Pairs, but still have my eye on EURUSD. We dropped almost 70 points from the recent hourly high, but my plan is still the short at 1.18. This could happen by friday. I'll keep you up to date.
New Position: USDJPY Short Entry
While I'm still waiting for a good entry in EURUSD, I entered a short position for USDJPY a few moments ago. Although the market seems strong, I bet on a double top M formation. Entry was just below 111 and TP is at 108.5-109. Good Luck
EURUSD Trading Plan for July 2018
Today I was able to post a chart - it contains the graphical represantation of my trading plan, which I outlined yesterday. You probably have too adjust the price scale to sse my target of 1.1200
Planned Short Entry EURUSD @1.1800
Hi there,
I haven't been active in trading for quite some time, but back in the game now.
This month I expect a rise for EURUSD from the current levels of 1.1500 towards the recent daily highs of 1.1800. In that area I plan a short entry with a target below 1.1500. I expect a rise fall then to 1.1200 where I want to exit my position and then try a reentry at 1.1450 for the second leg.
I can't post a chart right now, but will do so as soon as it works again.
Good luck to all,
fullmoon
I haven't been active in trading for quite some time, but back in the game now.
This month I expect a rise for EURUSD from the current levels of 1.1500 towards the recent daily highs of 1.1800. In that area I plan a short entry with a target below 1.1500. I expect a rise fall then to 1.1200 where I want to exit my position and then try a reentry at 1.1450 for the second leg.
I can't post a chart right now, but will do so as soon as it works again.
Good luck to all,
fullmoon
GBP JPY - short entry order at 139.90 not filled.
At 138.85 I entered a short order at 139.90. The order was never filled and my initial profit target of 138.00 was filled within a couple hours. We almost reached 137.00 - I plan to cancel the order during the day and enter a new on - possibly in the opposite direction.
GBP action in April 2017 - wild moves expected
I expect some wild action in all GBP pairs this month. The plan is a double top at 1.2600 in GBPUSD within the next two days. I will use this opportunity for entering a new short position wit a target below 1.2200. A short resistance is expected at 1.2400 - This wil be the time when the stop loss will be adjusted to break even. Good luck to everybody this month!
GBP JPY - plan change?
I have to be cautious about my GBPJPY trade. I'm currently in a short position with a target below 139.00 - It looks like GBPJPY can make anoter top above 140.75 which is close to my entry. For now, I keep my Stop around 142.00 and see how the trade progresses.
GBPJPY - trade in progress
My yesterdays plan did work out well. I got a good short entry around the recend 1H top and we reached a level of almost 139.50. Today the GBPJPY rose back above 140, but I'm still expection a continuation of the pattern to areas below 139.00. I will monitor this trade and probably put my stock to the breakeven level.
GBP JPY - first order in this month
I'm expecting resistance in the 140.50 area in which we are right now. Support is below 139.00 whis will be my first taget. Stop loss will be set above 142.00. More updates coming as the trade is in progress. Good Luck to all this month.
GBPUSD - plan of the month
In February I'm expecting a continuation of the upmove from 1.17 to 1.26 towards the 1.35 area. After a retest back to 1.26 we could reach 1.40, but then we have already the new month. Let's see how my plan plays out.