free trade — Stop Loss is now on BE (free Trade )

Forex GoLLum

When we move above 85.26 then I put ST to BE

Forex GoLLum

trade opened long on USDJPY price 85.18 SL 10 pips

Forex GoLLum

My Long on USDJPY was closed in profit on 85.27 And this is what I see on USDJPY for next week video P.S. I don't trade only USDJPY

Forex GoLLum

sl moved to 85.27 ts still 25 pips

Forex GoLLum

SL moved too 85.20 so I have now profit trade TS 25 pips

Forex GoLLum

SL moved to BE gratis trade

Forex GoLLum

On 85.22 I see resistance but wen wee could break this level then my first target gonna be 85.50

Forex GoLLum

I have opened now long on USDJPY entry 85.14 SL 85.02

Forex GoLLum

My trade was closed at BE, but as the chart shows USDJPY changed direction to UP and is almost on my target.. conclusion: I was a little too fast because a bit lower was second support level and there was better entry point..

Forex GoLLum

stop loss i set on BE (gratis trade)

Forex GoLLum

update — So far it does't look good because we have a little range between 85,25 and 85,38 When the price could break 85,38 up I gonna move stop loss to BE

Forex GoLLum

open trade — My trade is now open on usdjpy open at 85.33 long sl 85.21 ts 25 pips tp 85.67 Lets see what hapens

Forex GoLLum

USDJPY 15.08.2010 — This is what I think can happen on USDJPY video

Forex GoLLum

And already second target is touched, but when it shuld drop to the third target than I would be looking for long (+100 pips) becouse I think there is some support (ale to jest forex wiec wszystko moze sie wydarzyc)

NZD/USD

Also what i have seen is that, a false break out on a daily chart can be a true break out on a 5 min chart

Why Do We Have False Breakout

I think that one reason of a false breakout is this that the breakout was on a weaker support or resistance level and not so far away was a stronger level.After it's on the stronger level the price is quikly turning in the oposite direction.

Why Do We Have False Breakout

first post — Hallo to everybody I'm new on forex factory. I'm trading forex like 2 Jears now,english is not my mother lenguage so sorry for all my foults. That's way I'm gonna make videos that you can understand me better video

NZD/USD