Trade review on 16th-17th June. GBP/JPY.

It's been a while since my last update. I try my best to keep this blog updated. I feel sorry for myself.

I just come back to my place last Monday from my 2 weeks vacation, and no trade from last two weeks. I started to trade on 17th (Wednesday) and I miss a very good opportunity to set a pending order for Wiseman 1 on Monday in 4 hour and Daily time frame.

This is Daily chart which I miss a wiseman 1 signal which appeared on Monday.


















This is 4 hour chart which shows the downward movement since last Friday (June 12th)





This is 1 hour chart which shows the market condition which is not good for trading as the bars are in and close to alligator's mouth. I personally prefer to trade using 1 hour time frame, but with this market condition, I have to look on other time frame.

I decided to trade using 15 minute time frame which is giving me more potential opportunities to make order. As you can see, I take out more pips using wiseman 1 and wiseman 2 rather than both wiseman 3 signals.


















I did make some money yesterday, and hopefully this downward condition to continue. I was only trade GBP/JPY as it's the only pair with a clear trend in 4 hour timeframe. Happy trading! =)

Trade review on the last week of April. (27th - 1st of May)

I only trade GBP/JPY for last week as it was the only pair with a market condition fits with my criteria. (EU also made a good move by the way.) Usually, I will close all orders on Friday, but not this time. I put all the stop loss @ 147.116. Let's see what will happen on this coming Monday either it will hit the stop loss or continue the trend.

All my pending orders were made on TF1h and referring to TF4h. (Most of all to avoid the whipsaw!) I also was trying to assimilate wave reading in my trade and probably in TF1h, from 28th of April to 1st of May, it's in 5th wave.

I move the Stop Loss to the next bar chart with downward fractal that touch the green line or also called the lip of Alligator. It slightly broke my own rule but I have the nerve of steel. =)

The result if the price hit Stop Loss so far :

Wiseman 1 : 723 pips
Wiseman 2 : 596 pips
1st Wiseman 1 : 438 pips
2nd Wiseman 1 : 343 pips.

Total : You do the math! =)