Saki's Forex Reversal Journal

Hi again Saki!
You mentioned Jurik MA before. Do you have it in code for MT or VT?

 

long eur/usd 1.1800 limit 1.1920 stop below lod

 

only mt4.

kotoglas, you would be better served on a metatrader4 programming forum rather than on my journal. best of luck!

 

stopped -35

 

buy eur/usd 1.1765 limit 1.1850

 

exit +10

reverse to

short Eur/Usd 1.1775 Limit 1.1685

 

I should note this is not a reversal trade but rather a purely market mood type play. The market should have hit the 55 LWMA on the news(1.1835). The fact that they didn't was a real heads up. The trend on USD looks exceptionally strong so I overode my system target and reversed.

Let's see if Saki can make some money in November...

 

Good. Don't be a slave to your system. Read the market. Make the trend your friend, my friend.

 

wise words deptrai. you are a beacon of trading luminosity in a dark dark trading world

 

Thank you. I've been doing this for 10 years. Remember, the FX market trends more than any other market. You must take advantage of this, my friend. When you fight the trend, you either lose or you make very little money. Look at those long EURUSD trades that you just made. Now compare that with this short EURUSD trade. Make the trend your friend. I still plan on unloading all 18 USDCHF at 1.3220. It may reach that level by tomorrow. If you take away the fact that I have been stacking all the way from 1.2788, then my profit will be 432 pips in a week and a half. Not bad. If you do count all the stacking, then my profit will be 6,048 pips in a week and a half. 18 USDCHF at an average price of 1.2884.