TraderDesk GBP/JPY Trades

[TraderDesk]

Sept, 30 2013:

Today the market opens with a gap and a bear bias that is shown on the 4 hour and 1 hour charts. As long as price action stays below 159 then I will be bearish in my positions....

The 4 hour chart shows the bear mode for today UNLESS 159 breaks...

30-Sep-13 9-02-43 AM 4 hours.png

Now I drill down to put my positions into the market. Let's see how the market reacts when the London traders really come online...

30-Sep-13 9-04-16 AM 1 hour.png

[TraderDesk]

I finally closed my open positions and will look to reload when price action heads back up to the hourly HA line. The 4 hour chart shows me to look to add more sell positions near the 158 - 158.25 level otherwise I will keep my eye on the hourly chart to add more positions if price action does not get up that far....

30-Sep-13 2-34-11 PM 1 hour.png

[TraderDesk]

Oct.1 2013:

Good morning and a good new month.

Yesterday evening price action shot above the HA line and I closed my remaining sell positions at 159 and open new buy positions this morning.

4 hour chart is showing the first sign of a bull bias but the bar has not yet closed so caution is advised.

01-Oct-13 7-52-16 AM 4 hour chart.png

Now the 1 hour chart is showing me a bullish bias as well so I will have positions buy stops/limits in place...

01-Oct-13 7-54-55 AM 1 hour.png

[TraderDesk]

Oct.2 2013:

Last night price action broke below the 1 hour HA line as well as the 4 hour HA line. Looking at a wider snapshot of the 4 hour chart I can see price action is in a range and therefor I will be opening my positions on the 15 minute chart to take advantage of the range.

Here is the 4 hour picture:

02-Oct-13 9-38-11 AM 4 hour.png

Now on the 15 minute chart I can see price action for the day much clearer so I see it is in a bear bias.

Today it shows a bear bias but I will keep a close eye as the market is ranging so we can easily have a bias change once again...

02-Oct-13 9-40-26 AM 15 minute.png

[TraderDesk]

Oct. 24 2013:

Hi guys/girls, I have been traveling and doing a lot of research into different platforms. Also I been looking for a good way to include risk management analysis. One company that is very interesting is called Tradeslide.

https://www.tradeslide.com/register/TraderDesk

They look to do something like what Rapa Capital does by giving independent traders a way to have other traders follow their trades.... So far I like both companies.... Let's see how they work out here in the future for us traders...

Now back to trading for tomorrow I will see where we are and what potential trades that we might have.... Good to be back