Anthony's Journal (Just take a look, it's FREE!!!)

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Hello there! My name is Anthony Shneider. I am forex market trader.
One week later I have started my own blog at address

I want to start my own trading thread here too. I have 2 years of the trading experience, so I think that I maybe helpful to someone.

Let's get it started!

My main trading pair is GBP. Also I use other pairs as a support in making decisions.
So, here is my trading plan on monday.



As you can see, I marked out all possible variants of the price movement. Also I marked out Elliot waves. I think that GBP has already made it's 5th wave, so I expect new bearish trend right now. I will reconsider my point of view only if the current max level will be broken (2.0572). Please, pay attention to the price movement. You see how it bounce from the one fibo level to the other? They are our main levels (don't forget about red and black lines - red ones are main levels, black ones are secondary levels). I recommend you to watch the price movement on the basis of these levels.

For more details, you can simply visit my blog.

Feel free to ask me the questions. I will gladly answer them.

Best Regards,
Anthony Shneider.
 
1st resistance was broken

1st resistance was broken. I will buy SHORT If price will manage to fix above the max (2.0572). Please read here . I watch this movement ont the M1 and M5.

Best Regards.
Anthony Schneider.
 
It seems, that correction is over...

Take a look at Dow Jones Support/Resistance levels.

I will post comments later, when I will have my profit fixed. :)
 
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Hello Anthony, you have made a good analytic, and your picture is also good. Everything is explained quite well… now we only have to see if your forecast will become true. I have read about how to recognize the real break. I have understood your idea, and I think you are right. Classics give a lot of methods to recognize a real break, but no one of them really works:(
Best Regards!
 
European session is over.
+7 pips on the correction (sell)
+30 on the trend (buy)

On the American session I will search for a sell point. Main resistance has been broken (2.0580 - see my post above).
Right now a short sell is possible, but correction to the descending movement is about to start.

I will post the whole review after American session.
 
Hello, I would like to know your entry points on european session and how did you know that the correction is about to start? I’m waiting for your review after American session. Hoping you will answer my questions :)
 
My trades

I published my trades on my blog

There I answered you question as well, FXHunter.
If anyone has more questions, then feel free to ask me. I will try to answer them best I can.
I will post my trading plan for tuesday soon...
Anyway, It was a good trading day :)
I managed to take my profit on the both sessions. Not so big, but it is the profit! :)

Best of luck to all of you!
Anthony Schneider.
 
Trading plan

Here is my trading plan on Tuesday.

I haven't got much time right now...
Tomorrow I will be able to trade only on American session, so I hope to find you with me there too :)

Best Regards,
Anthony Schneider.
 
We do not permit URLs in posts I'm afraid, as you will have been made aware of during the signup process.

Please do not place further URLs or web addresses within your posts. We have a perfectly good blog section here, or you can upload images and charts within regular forum posts.
 
Trading plan

Thanks Rossored.
I will not post any URLs in future.

To others: you can have a look at my trading plan for today right here.
I will sell after the rollback (right now it is going).
If price will manage to fix a new MAX level, then I will have to reconsider my trades...
Also I give you my chart with DJ levels. As you can see, they are very close to mine, but the fact is that I defined my levels 12 hours earlier.
Still you can get more comments at my blog, my home page at my profile.

P.S. All links in the previous posts were deleted, but they are at my blog anyway. I was going to add images to these posts, but unfortunately, I can't edit them anymore.

Best of luck and good trading!
Anthony Schneider.
 

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Hello once again.
I'm sorry, I wasn't able to post my comments here recently. You can read all my comments at my blog.

Now about the current situation.

GBPUSD
There was a big ascending trend last days, but as I can see, this movement is strictly limited. Higher we can see very powerful supports and I think that bullish behavior is very dangerous right now. At the other hand, If price will manage to breakdown pivot point, and to fix under it (price won't manage to breakout it and then it will become a very powerful resistance level), then, in my opinion, bearish behavior is most acceptable in this situation.
I incline to descending movement.

Take a look at the Euro.

You can see there the 5 wave pattern. On MACD there was divergence with the price, and also there was max level at the 3rd wave. I think that it is time for the deep correction. One more variant: another ascending wave in the 5th wave.

You can watch the price movement by the support/resistance levels, pivot point and flat levels.

I think that Euro is going to give us a good signal of the bearish trend on the GBP.


Best Regards and good trading to you,
Anthony Schneider.
 

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1st resistance was broken. I will buy SHORT If price will manage to fix above the max (2.0572). Please read here . I watch this movement ont the M1 and M5.

Best Regards.
Anthony Schneider.

M1 and M5 ? are you on the motorway:rolleyes:
 
We do not permit URLs in posts I'm afraid, as you will have been made aware of during the signup process.

Please do not place further URLs or web addresses within your posts. We have a perfectly good blog section here, or you can upload images and charts within regular forum posts.

I was wondering when he was going to start posting website adresses, I should be a moderator, Im sure ive seen this guy before but he wasn't called anthony, anyway lets see how it pans out:LOL:
 
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