Fran's GAZETY

[francisrama]

great works continues ... cheers !:)

too kind of you buddy, thx very much!!!!

KR

[francisrama]

March 18

- my UCHF trade is still stuck in a TRIANGLE correction...Moving a bit this morning. Patience, patience ...

- SHORT UJ:
Count A-B-C correction UP, then jump while price was going to enter wave 5
Charts below

Capture d’écran 2014-03-18 à 09.15.13.png

Capture d’écran 2014-03-18 à 09.15.36.png

KR
Fran

[francisrama]

March 18, LONG UCAD

H1
- Price was in target zone (support line)
- Divergence between EW and price
- Reversal candle pattern
---> Plan to LONG UCAD
---> Drop down to M15 for a goos AIMS ENTRY SET UP

M15
- Perfect AIMS S1 ENTRY SET-UP
---> LONG UCAD

Charts below

Capture d’écran 2014-03-18 à 19.32.20.png

Capture d’écran 2014-03-18 à 19.31.16.png

KR

[Nikita]

Just amazing! (wd)

[francisrama]

Just amazing! (wd)

Thx so much buddy!!!

KR

[francisrama]

March 19, the bad, the good, the outstanding

The bad
UJ stopped out = price went completely the other direction, so stopped out @20PIPs rent...
This was my "guarantee", in case FOMC was BAD for $...
Chart below...

Capture d’écran 2014-03-19 à 19.32.23.png

The good
UCHF quite profitable trade
I exited "immediately" since this is the last C impulse before price is expected to change direction
Chart below

Capture d’écran 2014-03-19 à 19.13.14.png

The outstanding
UCAD...wooooowwww...sofar >10% profit and 4% free trade still running!!!
Chart below

Capture d’écran 2014-03-19 à 19.19.27.png

KR

[francisrama]

March 20, thoughts on UCAD

- No new trade this morning. Just follow up of my UCAD trade ---> the below "thoughts"

Looking at W1 chart, I realized that price was in consolidation phase for WEEKS! Then came a sudden price acceleration (slope of trend line becomes much steeper). I tend to think that UCAD is at the beginning of a big upward acceleration, breaking out of the consolidation zone...

To be honest I don't have any clue about how relevant my observation is. I'll keep sticking to my trading rules; yet it seems to me important to "know" this info...thus sharing...

Chart below...

Capture d’écran 2014-03-20 à 10.15.31.png

KR

[francisrama]

March 20, SHORT EU

- I missed yesterday post FOMC down move
- Entered SHORT this morning upon wave 3

- I think the "big" down move is underway, since this wave 3 is an extended one -hence the TOP is already built-

Charts below

Capture d’écran 2014-03-20 à 11.42.02.png

Capture d’écran 2014-03-20 à 11.42.16.png

KR

[yinyang]

Your a great trader! You are my hero!! Love your honesty and appreciate your posting of setups and potential setups. I have a lot to learn from you, if you don't mind. How do you manage your trade on your 1 hour chart, especially moving your stop lost? I remember you said on your outline of your trade management that you exit when on closed below red line of alligator on a long trade without divergent, and exit on a closed below green line with divergent. Do you also use fractal swing high or swing low as your exit on your discretion as I see on your latest USD/CAD trade?(your Current Stop Lost moved to a little below 1.114). Congratulation to a great trade!!! ^:)^ ^:)^

[francisrama]

Your a great trader! You are my hero!! Love your honesty and appreciate your posting of setups and potential setups. I have a lot to learn from you, if you don't mind. How do you manage your trade on your 1 hour chart, especially moving your stop lost? I remember you said on your outline of your trade management that you exit when on closed below red line of alligator on a long trade without divergent, and exit on a closed below green line with divergent. Do you also use fractal swing high or swing low as your exit on your discretion as I see on your latest USD/CAD trade?(your Current Stop Lost moved to a little below 1.114). Congratulation to a great trade!!! ^:)^ ^:)^

Wow thx so much for your kind words Thomas, really appreciate -that said I'm not sure I am a great trader...yet (angel) ...-

The below chart explains my basic rules -keep it simple ones...- Hope this helps buddy!!!

Capture d’écran 2014-03-22 à 11.48.55.png

And here is UCAD trade so far

Capture d’écran 2014-03-22 à 19.19.30.png

KR