#USDCAD - this is the triangle I had in mind, I tried getting the perfect spot on the pullback, but it start the move towards the target before activating my order.

I still put in another order immediately after I saw it fall, but had to close it after 10 pips since it didn't have a safe entry point.

its alright. we'll get our revenge some other time 😎😂

this one unfortunately failed.

this one failed as well.

I still have it under watch, so I can sell it again after it finished the pullback to the acending trend. if it gives a good sell entry again, I might go in again on this one.

its better if you close this one without loss if you can. I doubt the price can break through the resistance line. so it might fall back down. wait another hour at least for a good entry.

also this one might be a good idea to close it with a few pips of profit.

I'm closing all my open positions for today. since I'm gonna be afk till tomorrow. and I have decided to change my strategy a bit, and won't be doing more of this "predicting reversals" thing 😂 it definitely can be a losing strategy if your account isn't big enough to use martingale methods. and I personally don't like martingale method because of my mentality towards trading. (I rather risk a small amount and lose it than to risk a lot of money so I can come out of a bad trade with some profit or on breakeven)

so from tomorrow (12 hours from now) I'll be posting only signals which are in the same direction of the trends. the goal of this channel is locking in 500 green pips per week (even tho we have had days where we made half of that in less than 12 hours!) so I'm gonna keep a record of the signals and post the results of each and keep a total amount of the pips made for each week. it could be fun ;)

#CADJPY is in a very interesting situation! have it on the watch.

I personally expect it to fall sharply. I already have a sell order active at 87.495 (low volume, wide stop -50 pips- and target -150 pips- )

I tightened the stop to 24 pips and target to 75 pips and opened another position as well. so I can close them at different times. (maybe keep one for a longer time)

it could also have a flag pattern on its 5M chart and can very well be on its way to touch 87.900

( I plan on adding more positions until it reverses, but its really not a wise idea, so for most of you, its better to have it in your watch list and as soon as it began to fall down, get your positions in then)

I closed one of my positions last night and got 25 points, the price seems to be retracing back to the same area, so it seems like we are in a range market, so naturally I will be looking to sell again at the top (around 87.600) this time with a tighter stop loss and take profit

#CADJPY - clear channel - I'm waiting for the price to hit the short time decending trend line around the middle line of the channel.

if price manages to break through the decending trend line, I might go in after the pullback, with a buy order for the top of the channel (or just wait for the price to climb up there so I can sell it from the top of the channel)

#USDJPY - buy limit at 113.051 with a 400 stop loss and a 800 take profit.

I have a lot to say about this trade. I will post the chart and the explaination very soon (in less than 10 min)

#USDJPY - we can clearly see the triangle patterns on 8 hour chart (the light blue lines) which I'm expecting it to be broken from the top to reach the long time decending trend line (dark blue line)

#USDJPY - looking closer at 1Hr chart, we can see a flag patten, which if it reaches its target, will simultaneously reach the target of a smaller triangle pattern on its 5min chart! (pic on the way)

#USDJPY - as you can see there are two small triangle patterns on the chart, I expect the smaller one to break from the buttom and upon reaching its target, complete the bigger one.

and from that area, it will probably move up, breaking the short time decending line on the 1 hour chart (the top line of the triangle pattern) and move towards the target of the flag patten! and when it reaches the target of the flag patten (on the 1 hour chart) we will see a pullback to the top line of the triangle pattern and from there, the price will move up again till it reaches a long time decending trend on the 8 hour charts.

I posted all of these pics just to say one thing. there is an ever-lasting connection between charts on different time frames. there are always different (or same) patterns forming on different time frames which somehow compelete each other in order to reach certain prices (these are usually round prices, where there is a strong supply and demand in the market, which usually turns around the direction in which the price is moving. usually these prices are where the long time trend lines meet the price. )

and by knowing this, you can always calibrate your trades in the same direction as the market and by doing this, you will have the odds in your favor.

always remember, if there was no way of knowing where the market is going, none of the institutions would place any trades. their computers work on a different level than human brain, yet even those computers use the same pattern the human mind uses (because after all, humans design those programs) so you just have to think like those computers and follow the patterns to be able to assess where the market is moving towards.