Triangle forming on USDX, a break up would be good for Euro$ shorts. Currently waiting for a break below Euro 5 min trend line.

EURUSD

image Wedge not valid any more. Short at 1.3322 with a 12 pip stop... trend line break. Stopped - 12. Traded into MS2 & Monthly pivot. Currently long on the break of an EU triangle, 12 pip stop. Break of a triangle on USDX supporting bull movement ...

EUR/USD 5min - Trendlines and Pivots

Got a small ascending triangle, double top and bearish divergence on EU. Also a long entry on AU. Break of upper TL, but I hesitated and missed the boat. image

EUR/USD 5min - Trendlines and Pivots

Missed a rock solid A/U entry this morning because I had a bit of a lie in. Whoops. image As for E/U I have 1.3272 as a Fibonacci extension, looks like it won't have too much problem getting there.

EUR/USD 5min - Trendlines and Pivots

You would need balls of steel to fade this candle, looks like it's going to break last weeks low. image

EUR/USD 5min - Trendlines and Pivots

+42 on the Euro trade. Closed it a tad early. Daily total... +5.6 It will go lower but that will have to do for the day. Looking back, today could have gone a lot better. That first triangle I traded wasn't really valid, two touches each end only. ...

EUR/USD 5min - Trendlines and Pivots

Wedges all over the place, A/U, USDX, E/U, all pointing to dollar strength. I am in the same bear wedge Wormboy posted. Looking for S2 1.3531.

EURUSD

Looking at a bearish wedge on A/U also. Now short on the break. 12 pip stop. -13. image

EUR/USD 5min - Trendlines and Pivots

Short on E/U from 1.3547 with a 12 pip stop. Double cross triangle. Choppy at the moment so watching carefully. Stopped -12. Not a strong set up really. image Waiting for a break of this now. image Long on the break with a 12 pip stop. Stop at ...

EUR/USD 5min - Trendlines and Pivots

I see something that looks like a triangle break out this morning on both pairs to the upside but the shape of the triangle is quite steep and not very well defined. I will wait for a stronger set up.

EUR/USD 5min - Trendlines and Pivots

What's next, either down to 1.357x ish then down to test the low 1.3446? Or a bounce to test the 38.2 fib level again, in which case a reverse H&S is in play? image

EUR/USD 5min - Trendlines and Pivots

Hello folks. Here's a trend line break I took this morning. Unfortunately I only took a small chunk of what was on offer. Starting from the left, I see a gap circled with a red oval, these are 'filled' by price most of the time, indicating price ...

Trendline Break (The Only System You Need)

Entries are fine... just need to work no those exits image

EUR/USD 5min - Trendlines and Pivots

Good luck with your journal, looking forward to your analysis.

fx|green Trading journal

Hey, thanks for checking in Sim. Looking back over the journal, it's a bit of a mess, but I'm having fun and it is of genuine use to me hammering out my methodology. As for today, +23 is normally something I would be overjoyed with but with both of ...

EUR/USD 5min - Trendlines and Pivots

OK I just closed both lots for a total of +23. No reason other than price was stalling a bit and it wasn't a particularly fierce break out. It will probably hit my targets now but +23 is good for the day. image image OK, A/U just hit my original ...

EUR/USD 5min - Trendlines and Pivots

Got an ascending triangle on E/U, waiting patiently for a break. image Short 1.3733 with a 12 pip stop. Stop now at B/E Holding for 1.3701

EUR/USD 5min - Trendlines and Pivots

I'm keeping an eye on this at the moment, waiting for the gap to be filled. image I had a pending order to short at the upper TL and MR1 but appear to have missed the boat. That's a double top now on A/U. Will have to wait until a break below the ...

EUR/USD 5min - Trendlines and Pivots

That's why I'm not, it's fun to observe though

EURUSD

Engulfing on the 4h, flag on the 5min, I would short this thing if I wasn't finished for the week, good weekend all. image image

EURUSD