My Trade Journal

Post by **botrak** » Thu Apr 16, 2015 7:39 am

nzdusd_h1_160415.jpg

Update: closed , I think they go higher.

Post by **botrak** » Thu Apr 16, 2015 10:03 am

Dudest style

61/73 retrace after a-b-c

Post by **botrak** » Thu Apr 16, 2015 4:31 pm

usdchf_D1_160415.jpg

Update: well I was wrong again.

Post by **botrak** » Thu Apr 16, 2015 8:29 pm

Vo0zie » Thu Apr 16, 2015 7:49 pm wrote:
botrak » Thu Apr 16, 2015 5:31 pm wrote: Update: well I was wrong again.
Too son , could you explain why do you buy here? Just after nice big bearish engulfing bar, and after traders are trapped in long positions.

There was "W" formed at M15 at 73 fib. Still think of going long near "A" level of a-b-c. Also noticed if "retest" leg of "W" or "M" is too steep then its usually fake. Thank you for question, Vo0zie.

Post by **botrak** » Thu Apr 16, 2015 10:07 pm

Vo0zie » Thu Apr 16, 2015 9:13 pm wrote:Also it's good when retest has a smaller volume than first leg. But everything begins from a peak and consolidation, look how this move begins from a nice, clean PFH at the top. We had a multisession W on M15 but second leg has a large volume and formed after RRT and after traders are trapped in long positions. So we can assume that foxes needs a more traders trapped before move up, because we don't have a consolidation or peak formation low on level 3, but we have a RRT/PFH.

I had a couple weeks of break where I read again my notes and watch screenshots so I could be wrong, but this is how I see USD/CHF.

Thank you for sharing your standpoint, Vo0zie. I gonna wait for W/pins below asian range or LOD retest.

Post by **botrak** » Mon Apr 20, 2015 9:35 am

audusd_m30_200415.jpg

Post by **botrak** » Mon Apr 20, 2015 1:53 pm

audusd_m15_200415.jpg

Update: okay...

Post by **botrak** » Mon Apr 20, 2015 5:02 pm

eurusd_h1_200415.jpg

Post by **botrak** » Fri Apr 24, 2015 3:21 pm

nzdusd_h4_240415.jpg

dudest · Post by **dudest** » Fri Apr 24, 2015 4:16 pm

botrak » Fri Apr 24, 2015 6:21 pm wrote:

Nice 'W' at a nice place