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    • Colostarr replied Jul 6, 2010

      Twin Peaks — Get your hands on Bill Williams Book "Trading Chaos" second edition. Easy to read, and his methods work...especially on the daily candles! So far this trade has progressed nicely. Both Wise man signals triggered, looking for wise ...

      Daily GBP/JPY analysis
    • Colostarr replied Jul 6, 2010

      Twin Peak — Right...volatility is low again today...however the 1 hour is still moving up, although slowly. Thank god for stops and reversal trades! Twin peak just completed on the AO, setting up a buy stop #2 at 132.85. I'm getting out at ...

      Daily GBP/JPY analysis
    • Colostarr replied Jul 5, 2010

      Not so good — Well that signal turned out to be a false signal...lost 60 pips. After looking at the hourly chart, it seems that there are 2 signals forming. 1 is the 1st wise man signal, and the second is the forming of a twin peaks on the AO. ...

      Daily GBP/JPY analysis
    • Colostarr replied Jul 5, 2010

      Well, Well, Well. GBP/JPY finally shows her hand. 1st wise man signal, triggered 1t 132.69, Gave an excellent divergent candle on the 1400 GMT hourly chart. There's no chaos today, low news day, bank holiday in the US...it will probably move ...

      Daily GBP/JPY analysis
    • Colostarr replied Jul 2, 2010

      The system — Until I see the system you are speaking of, you may as well be speaking in tongue! Are you going to share your system or just continue bragging about its success?? Have I missed a previous post where you posted this ...

      Daily GBP/JPY analysis
    • Colostarr replied Jul 1, 2010

      NZD/JPY — It looks like NZD/JPY is setting up for a reversal. I've attached a slide. Wise man #1 was at the close of the candle with fantastic angulation from the alligators mouth. I missed the opening of today's candle, but this is the same ...

      Daily GBP/JPY analysis
    • Colostarr replied Jun 30, 2010

      too right you are — I was speaking more from an hourly stand point, not daily. Trading Bill Williams Angulation allows you to trade safely in a somewhat ranging market, but not like it was today . The weekly Support 1 was finally broken ...

      Daily GBP/JPY analysis
    • Colostarr replied Jun 30, 2010

      I concur with this. GBP/JPY is ranging like crazy today.....I have finally stopped watching it, NZD/JPY is sideways.....I can't tell you how many times I came to this forum today looking for a new update out of shear boredom!!

      Daily GBP/JPY analysis
    • Colostarr replied Jun 29, 2010

      Goals — Yeah I know I don't always follow the exit strategy as Mr. Williams details it,but the way I see, those are PIPS I didn't have in my account to start the day. I just looked at the price, it's at 62.28, if I were in this trade, I think ...

      Daily GBP/JPY analysis
    • Colostarr replied Jun 28, 2010

      I think I love NZD/JPY — Just checked the daily chart for NZD/JPY. The third wise man sell stop triggered. If I would have gotten in on the 21st, this is where I close both of the first 2 wise men trades (+151 pips and +89 pips 240!). #3 wise ...

      Daily GBP/JPY analysis
    • Colostarr replied Jun 28, 2010

      NZD/JPY — I've never traded with NZD/JPY so I pulled up a chart. I see that it gave an excellent bearish divergent candle on the daily for the 21st. Would love to have been in on that trade.All three wise men have shown up, and it's ...

      Daily GBP/JPY analysis
    • Colostarr replied Jun 28, 2010

      Thank you! — Thank you Smikester, I trade primarily the GBP/JPY 1 hour chart. Although I appreciate the daily and weekly insights...helps with trading the Chaos method, specifically bullish and bearish divergent candles (angulation)! GBP/JPY ...

      Daily GBP/JPY analysis