#AUDUSD - Triangle pattern.

I've already went in on #AUDUSD with a sell order at 0.77100 with 100 points stop loss and open take profit. but it might move higher before starting to fall down, so its better if you wait for a sign of reversal before getting in on it.

this one failed. and I'm not gonna try catching reversals anymore. for the next 10 days at least, I'm gonna just scalp in the same direction as the trend. but since scalping like that usually has small targets it might be hard to share a lot of signals.

you guys should sub to my youtube channel so I can put up a video about scalping on 5 min chart and trade management, so you guys can learn fishing instead of using the fishes I give you 😁

#GBPUSD - I'm going in with a very small sell order on 1.29300 with 510 points stop and 1200 points take profit. its both on top of the channel and in the fouth wave of the tirangle pattern. so I expect the price to fall down

I have put in two small orders so I can close on at the buttom of the channel and keep one for the buttom of the triangle if it didn't move towards the top of the channel again for me to go in again

I changed the target to 1100 points, so it can be above the 1.28150 resistance line.

the price seems to be falling, I expect it to fall further down with the news on the US dollar. but since our initial risk on this trade is 25 pips, you can close the trade as soon as it moved passed 25 pips of profit too, if you don't feel comfortable keeping it while the news comes out.

#NZDJPY - Triangle pattern on its 4th wave - its wiser to go in with buy orders for now but when the price reached the top line we should wait and see if it breaks through or falls back down

#NZDJPY - can it be a cup pattern?!

Cup pattern for those of you who don't know what the pattern is.

I might wait for the handle and if it creates it, I'm going in with a buy order 😄

40 pips in 15 minutes! wow.

I closed the three trades I had on it on +20 pips (buttom of the triangle pattern) if it jumps to the top, I'll sell it again, and if it breaks it from the buttom I'll get in on the pullback.

#USDCAD - buy order at 1.27250 with a 500 points stop and a 1500 points take profit. (initial risk is 15 pips so you can close it after 15 to 30 pips of profit too, if you don't want to hold it over the weekend. )

Correlations!

This is my analysis on #AUDUSD, which I did yesterday afternoon.

If I were to follow my usual strategy of trading with the trend, I would have gone in with buy orders for the top line of the channel, and at the top of the channel, I would have bet against the break out and would sell it there..

But instead I fell into the old trap of catching reversals, and ended up losing money on an obviously profitable trade.

This chart alone would have given me at least 100 green pips in less than 24 hours, yet I lost about 40 pips on it.

Next week, Im gonna stick to my usual routine of trading with the trend and rack up massive amount of pips to make up for the last two days of this week😋