Surfing the Forex wave

[Mr X]

Will sell gbp/usd at touch of daily trendline from the low in May 2010. Placed an offer at 1.5394, 1% risk, 60 pip sl.

Order activated.

 

[Mr X]

Placed offer for gbp/jpy 118.23, 30 pip sl, 1% risk.

 

[Mr X]

Placed offer for gbp/jpy 118.23, 30 pip sl, 1% risk.

order activated.

 

[Mr X]

Have set take profit on gbp/usd for risk:reward of 1:3. Wouldn't be surprised if it made its way back up to the trendline before that though.

For gbp/jpy want to see it break below 118 again and I will for take profit around 117.25 to 117.

I need to reduce my initial stop losses on these horizontal levels though.

 

[Mr X]

Moved sl on gbp/jpy to breakeven in case of any freak events. Also hoping 118-118.10 will act as resistance but may be too early. If price makes it back up to 118.25 I can always adjust it.

 

[Mr X]

Also placed offer for aud/jpy at 80.23, 1% risk, 30 pip sl.

Have cancelled this for now.

 

[Mr X]

Moved sl on gbp/jpy to breakeven in case of any freak events. Also hoping 118-118.10 will act as resistance but may be too early. If price makes it back up to 118.25 I can always adjust it.

118 held but have moved sl to 118.45 and added take profit at 117.33 for initial risk:reward of 1:3.

Leaving sl on gbp/usd original price and take profit is at 1.5214

 

[Mr X]

Moved sl on gbp/jpy back to 118.47

Placed offer on gbp/usd at 1.5396, 60 pip sl, 0.5% risk adding to open position.

 

[Mr X]

Some nice levels close by, but don't want to get too exposed.

 

[Mr X]

Have to go out. Placed offer on gbp/jpy at 118.47, 25 pip sl, 1% risk in case it gets there when I am out.

 

[Mr X]

Placed offer on gbp/usd at 1.5396, 60 pip sl, 0.5% risk adding to open position.

Activated.

 

[Mr X]

Frustrating!

Moved sl on gbp/jpy back to 118.47

sl hit

Have to go out. Placed offer on gbp/jpy at 118.47, 25 pip sl, 1% risk in case it gets there when I am out.

activated and sl moved to 118.87

sl on gbp/usd trades moved to 1.5510

Placed offer on eur/usd at 1.2870, 80 pip sl, 0.5% risk. Looking for a runner.

 

[Mr X]

Placed offer on eur/usd at 1.2870, 80 pip sl, 0.5% risk. Looking for a runner.

activated

 

[Mr X]

Placed bid on nzd/usd at 0.7982, 40 pip sl, 0.5% risk.

 

[Mr X]

Placed offer on aud/jpy 80.22, 25pip sl, 0.5% risk.

sl on gbp/jpy moved to 118.96 as some resistance at 118.87. Also placed offer at 118.96, 30pip sl, 0.5% risk.

 

[Mr X]

sl on gbp/jpy moved to 118.96.

Placed offer gbp/jpy 118.87, 43 pip sl, 1% risk.

 

[Mr X]

Placed offer gbp/jpy 118.87, 43 pip sl, 1% risk.

activated.

 

[Mr X]

Placed offer on aud/jpy 80.22, 25pip sl, 0.5% risk.

activated.

usd/jpy getting a push up.

 

[Mr X]

Not good!

sl hit on all trades except gbp/usd and that is not looking good.

Think I need to think about having a think.

 

[Mr X]

Had a think and decided to place offer on aud/usd 1.0435, 50 pip sl, 0.5% risk.