Thomas's Journal

[yinyang]

Hi Friends,

Here is my update trades, USDJPY HAD AN ADD ON ( seed) TRADE AND ALREADY REACHED 1 TO 1 TARGET.

The update GBPUSD, had a add on as well (the famous pattern trade). It is not yet reached 1 to 1 ratio. It was short of 4 pips target. Should have set target at 1.7050 instead of 54. Always remember round numbers. To wait for 4 pips more might increase risk due to volatility in session changes. Please see attachment :-bd

[yinyang]

Hi Friends,

Here is my updated beloved GBPUSD. Just as I expected with the famous pattern, the price went up and reached 1.7050 max. in the end of Asian session and retraced in the European. I made a bad judgement of not taking profit to minimize risk at the end of Asian session when I last checked the chart. As a result was stop out. This will not happen again!!

[yinyang]

Hi Friends,

Here is my USDJPY TRADE RESULT! FINALLY CLOSED DUE TO MY EXIT CRITERIA, LATEST EXIT IS CANDLE CLOSED ABOVE THE GREEN LINE. TO CONTINUE HOLDING THE TRADE, HOPING IT WILL GO MY TARGET 101.10 DOES NOT MAKE SENSE BECAUSE THE RISK IS GETTING HIGHER. BYE, BYE USDJPY. SEE YOU AGAIN. SA YA NA NA, MEANING GOOD BYE IN JAPANESE. :-h PLEASE SEE CHART

[yinyang]

Hi Friends,

Here is my FAMOUS PATTERN TRADE, THE GBPUSD, had reached 1 to 1 target and now the remaining 50% is playing with the house's money. I am looking for place to add. Please see attachement. :-bd

[immy]

Hi Friends,

Here is my FAMOUS PATTERN TRADE, THE GBPUSD, had reached 1 to 1 target and now the remaining 50% is playing with the house's money. I am looking for place to add. Please see attachement. :-bd

Good one.. but had I seen this post earlier I would has said, its time to get out for not add on. but i can't say that now though it was right decision to get out. I got out YD. if not i'd be out now.

[yinyang]

Hi Friends,

Here is my FAMOUS PATTERN TRADE, THE GBPUSD, had reached 1 to 1 target and now the remaining 50% is playing with the house's money. I am looking for place to add. Please see attachement. :-bd

Good one.. but had I seen this post earlier I would has said, its time to get out for not add on. but i can't say that now though it was right decision to get out. I got out YD. if not i'd be out now.

Thank you Immy for your great insight. now, I am out. The risk is getting higher as approaching Non Farm. Besides, the move of famous patttern had delivered our wave 5 of 3 targets. And trying to squeeze more is not applying the principle of want what the market wants. Thank you. Please see chart

[yinyang]

Hi Friends,

Here is my second trade for this week, the USDJPY. THE SEED TRADE. Hopefully it will be fruitful. Let's say A Ni Ga Doo to the USDJPY. Please see attachment,1 hr view and 4hr view chart :-bd

[yinyang]

Hi Friends,

Here is my update of my SEED TRADE, USDJPY. It is still in progress and not yet stop out. Hopefully, the Chinese PMI in Asian session will deliver to my target. Cheers,

[yinyang]

Hi Friends,

Here is my update Seed trade, USDJPY. I decided to exited this trade with a breakeven before announcement. I need to prepare for the non farm tomorrow and I know there is a limitation for the trade as others traders are getting ready for NFP. :-h

[immy]

Hi Friends,

Here is my update Seed trade, USDJPY. I decided to exited this trade with a breakeven before announcement. I need to prepare for the non farm tomorrow and I know there is a limitation for the trade as others traders are getting ready for NFP. :-h

It was NFP Today my friend... due to 4th of July tomorrow! anyways, it was not a bad idea to close the trade, and although price spiked much higher in your favour you would not have left it hanging if you knew it was NFP today...