• GBPJPY,D1
M30
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sozofxtrading
sozofxtrading I flipped positions long. I have 2 buy signals on MT4
6 Hours ago
sozofxtrading
sozofxtrading NonLag Dot and Supertrend are a buy. The Wave Indicator is implying to look for a buy so based upon all this, I am flipping.
6 Hours ago
sozofxtrading
sozofxtrading Hoping for a last minute pop up to break the high today otherwise that's a sell fractal. Lessons learned I could have placed my stop above yesterdays high.
1 Hour ago
sozofxtrading
sozofxtrading Everything opened up in the right direction. Do not go long just yet. Looking for several candles (days) of consolidation before long.
Jan 16 at 03:41
sozofxtrading
sozofxtrading New Limit Goal - 131.50 area. The Wave Indicator for MT4 seems to work fairly good to keep you on the right side of the trade for GBPJPY. It's 50% move so far from the reversal at 148.5 area, an extension of this move for the second half points to 131.5 area give or take a few hundred pips.

I expect a few fractals to be created however I feel this target will be hit. When the channel begins for a few days and maintains support on high volume days I see a reversal coming which should surpass 148.5. I use 400+pip stops. Brokers will chase your 50 pip stops so I feel it's foolish to trade this way now a days. To get a better understanding of my log, watch Bill Williams Youtube video Fractals Holy Grail of trading video. I watched this about 4 times and it radically improved my trading results. Current position is up total 43% since 12-20. Simply amazing.

Jan 14 at 12:03
liofx33
liofx33 eujp
Jan 12 at 02:46
liofx33
liofx33 but i will get out at121.58
Jan 12 at 02:46
liofx33
liofx33 eujp support 121.23
Jan 12 at 02:40
liofx33
liofx33 support 139.93
Jan 12 at 02:15
liofx33
liofx33 gb/jp hitting low point, be careful
Jan 12 at 02:13
liofx33
liofx33 hi, you're right but i only do scalping
Jan 12 at 02:13
Spackelspade
Spackelspade i thing the eur jpy gone drop soon to
Jan 12 at 00:30
sozofxtrading
sozofxtrading I quit playing EURJPY. I only use for possible correlation to GBPJPY. Too many spikes.
Jan 13 at 16:38
Spackelspade
Spackelspade and wene its in place than wath :-)
Jan 12 at 00:22
sozofxtrading
sozofxtrading Keep coming down baby!
Jan 12 at 00:20
liofx33
liofx33 it's going up 141.40 first
Jan 11 at 00:56
sozofxtrading
sozofxtrading Agreed but I would never go Long.
Jan 11 at 03:16
liofx33
liofx33 hi
Jan 11 at 00:55
liofx33
liofx33 hi
Jan 11 at 00:55
sozofxtrading
sozofxtrading Ok gang, this short trade is about 50% completed based upon the Wave Indicator for MT4. If you are not short yet, it may be too late.
Jan 11 at 00:37
sozofxtrading
sozofxtrading All praise and glory to the Lord above! I pray I can trade for a living someday soon!
Jan 10 at 00:14
sozofxtrading
sozofxtrading Jan 5 close well below 61.8 Fib fan. If flat you can place a cover stop on fractal high of Jan 3rd. My stop is 148.6 to allow wiggle room in case of news. You could also set order breakout short below Dec 29 low. Fractal trend line added.
Jan 06 at 05:02
sozofxtrading
sozofxtrading All - Added Fib Fan and levels. We see a nice support example in low of Dec 29th however I am short. LOL Once a break below this 618 level we can establish the next targets for confidence in short.50% is 135.61 so I would be glad to capture this and wait for the reversal.
Jan 05 at 00:25
sozofxtrading
sozofxtrading Not long yet gang. Staying short.
Dec 31 2016 at 00:29
sozofxtrading
sozofxtrading FYI, my stop is 148.60 15k position, my break even is 144.82.
Jan 05 at 00:20
sozofxtrading
sozofxtrading This is the best free teaching on Youtube by the author himself.

https://www.youtube.com/watch?v=bNxt298VVOw
Jan 05 at 00:27
   
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