Hey guys, I have determined that I will be posting all the trades that I entered here on Foreign Exchange factory.
-I shall bill
-my entry,
-reasons for entry
-my take profit projections and stop loss
-I will even post my exits and reasons for this.
All feed backs are welcome, but please constructive opinions.
Do not hold back if you have opposing view point on my trade
that I am going to start today and hope we will all achieve success
----------PLEASE THIS IS NOT A TRADE CALL---------------
I short Euryen @ market cost
I moved short because the macd histogram made a divergence in the the high of the price, and also have ticked down below the zero line.
Entrance 160.973
Take Profit 159.910
I moved my stop to 2.6pips convinced as soon as the transaction moved in my direction, I was later taken out of the trafe with 2.6pips.
MY next commerce is EURCAD, I would like to go short but am still awaiting it to lineup uo properly, the setup is looking good right now.
My Present Transactions
GBPYEN
EURYEN
EURCAD
EURAUD
EURCHF
USDJPY
THE CHART
GBPYEN
TRADE
I went long since there was a dual bottom, my midium term trend line was broken, andI waited to get a pull back that ended up at double bottom.
ALL OPEN POSITIONS
I only closed all Jen pairs,EurCAd, and EURAUD, I am just going to wait and enter afterwards depending on how it looks.
I am still in gbpusd
I Have close GBPUSD, make the most was reached at 59pips.
went brief
EURCAD SHORT- there's a clear double shirt, my medium term trend line was broken and retested
euryen,usdyen extended
GBPYEN brief, an extremely brief term trade (will hold maximum. 2hrs) and reverse up
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