Yesterdays initial levels summary: Didn't hit entries off the bat on GBP but we got some nice trades as the morning evolved. EUR and CHF would not have worked blasted through sell/buy areas and carried on. JPY went to 121.17, 6 pips below initial ...

Can I make 40% per month consistently

Yeah I saw on your thread, tough luck but it was still good money in the bank and theres nothing wrong with that, well done!!

Can I make 40% per month consistently

Price went outside upper Keltner channel which cannot continue for long. Whilst it may go higher I have to go so out at .9888 for +43.

Can I make 40% per month consistently

Move stop to .9858 = +13. Target 1.9890 - 1.9915, currently 1.9880. Stop .9868= +23, now stop .9878.

Can I make 40% per month consistently

Didn't get .9829 so I'll have to wait for pullback to .9841 area.

Can I make 40% per month consistently

Nice entry, I was hoping it would come down to .9829 for a trip btm. If we come back to .9841 I'll look to buy.

My Path To Financial Freedom

GBP could have a triple bottom at .9829 which may be a good place to buy.

Can I make 40% per month consistently

EUR hit .3445. I wasn't in, concerntrating on GBP. For now Eur has run out of steam at .3438 we'll see what UK open brings. GBP should fall further from .9835 No out at .9837, a nice little start to the day.

Can I make 40% per month consistently

We have a nice divergence on JPY at 121.30 suggesting move up. Same GBP but suggesting move down. Looks like its started on GBP.

Can I make 40% per month consistently

After a jumping around GBP seems to be running out of steam around .9850 maybe it won't make .9862, we'll see.

Can I make 40% per month consistently

Fozzy 8 RSI 8 SMA cross works well on all time frames try that. If you're not watching Traex's Harmonic Wave Journal you are missing out big time. Very profitable and very consistent. All the best.

Little and Often Makes Much

Scooby Doo where are you???? — WOW come back all is forgiven!!!!!!!

:: Cable (GBPUSD) Trend Trading ::

Would also be interesting to see if the initial sell areas I posted coincide with your take profit levels. When I go full time I'm going to have to start getting up at 4am local time - 22pm est, some lovely trades happen in and around that time. ...

Harmonic Wave Journal

Initial buy/sell areas for this morning: GBP B 1.9809 then 1.9795. S 1.9862 then 1.9876 EUR B 1.3419. S 1.3445 and then 1.3471 CHF B1.2265 then 1.2249. S 1.2305 JPY B 121.23 then 121. 07. S 121.57 Not yet happy about JPY's levels still watching. ...

Can I make 40% per month consistently

I do use indicators MACD and slow stoch but mainly for divergence. For entries/confirmations the 'Daily Fozzy' 8 RSI, 8 SMA cross works nicely on 30 min chart. You can use on 15 min chart it jumps around a lot so you have to be happy with your entry ...

Can I make 40% per month consistently

Punlic holidays everywhere well UK and US so here in South Africa I was at work didn't even put charts up. Lets hope the rest of the week makes up. Have a good 'un!

Harmonic Wave Journal

Hi Traex. No problem. I'll start showing more JPY, CHF and EUR (v USD). I must now get in on the ground floor like on some of your trades to ride longer, I'm still an inter day in and out trader. Its quite interesting how many of my trades are ...

Can I make 40% per month consistently

Hi Hornet These levels are strictly 'short term sit in front of the computer and take some pips' trades. So on that basis I'm happy to short when the right conditions arise. GBPUSD usually gives more than enough even on counter trend trades to make ...

Can I make 40% per month consistently

Is there a time frame on this? Yes I agree drawing long term trend lines etc etc that 1.9200 is a possibility but cannot see what would do this any time soon with interest rates likely to come down in US this year and UK still having inflation ...

Harmonic Wave Journal

Did provide a buy at 1.9845. First 2 trades of the day offered 20 pips and this last one 10 pips. A good day considering the ranges involved. 1.9825/35 still good buy areas, if this broken 1.9810. Still be selling around 1.9880 to 1.99. Off to work ...

Can I make 40% per month consistently