Potential breakout on the USD/JPY

Discussion in 'Journals' started by xelite777, Dec 23, 2013.

  1. Nice bull flag on the USD/JPY (15 min).

    This is usually a continuation pattern.

    [​IMG]
     
  2. And here is a nice rectangle formation on the NZD/USD (15 min).

    Here the direction of the potential breakout is unknown, so confirmation is needed before pulling the trigger.

    [​IMG]
     
  3. Yen seems to be breaking now, keep going boy, or the leprechaun gets it! :p


    [​IMG]
     
  4. +25 pips on USD/JPY ($250 profit per standard lot), closing position.
     
  5. NZD/USD is moving as well, I will wait for confirmation before shorting this pair...

    [​IMG]
     
  6. Short NZD/USD at 0.8185
     
  7. Buying USD/JPY again, this time at 104.20 (previous long USD/JPY position was initiated at 104.10 and closed at 104.35)
     
  8. Congrats to you!

    If it is appropriate to ask, who is your broker/brokers, how long have you been trading, any short list of books that have shaped your trading? Please feel free not to answer any of these questions. I respect people's right to their privacy to their right not to answer any question.
     
  9. Moderators: I have noticed that at occasions you have moved some threads started by Xelite77 to another section of the forum. I support you allow him to post in this thread, even if it were about various pairs at various times. When he posts a pair in the title I think it is useful because his trades are real-time.

    Note: I am not Xelite77, and I know about his posts/threads only as one of the readers on this forum.
     
    #10     Dec 24, 2013