Fx futures Journal

Yes and that piece was written by a guy who is very bearish on CAD.

go figure....

 

Long EUR/USD 1.2912

and closed for +6 pips 2:1

 

that was my entry/exit strategy including long grail formation

 

Can you pull up an hourly chart and draw the lines so I can see? That and the 240 are my main swing charts in FX Futures

 

that was based on 1 min EUR/USD chart, I mentioned hourly on ES and I was not sure at all there, this is more an intraday flag/pullback entry/exit strategy, like right now I am looking at 1 min chart in ES trying to find a perfect entry point using this strategy.

 

Gotta figure that we'd get some kind of move like this soon after they release studies on how volatility on the yen has shrunk to lowest level in years. Nice catch guys.

 

Thank you

 

here was another short based on exactly the same pattern with grails and MACD cross. Short with a predetermined target.

 

1.2938 long

 

The key to the Yen trade is if we would be able to bust through .8631 in the next few days.