Its falling down. No transactions. End for today: 1 transaction and 1xSL 28.03.2012 -11pips

High Probabilty Trading

16:30 EUR/USD is close to potential retracement zone and end of 4 correction wave. Strategy is same: first signal on H1 and its v close, than 5minute signal and waiting for another signal and Higher Low on 5minute chart.

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Well looking at AUD/USD and retrace from S/R level - it can be long. But after HL on 5minute. Anyway i dont see good potential of this trade. Its no longer 1-5up move.

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That will be just luck. After that long down trend it is not in 1-5 up move. So now i will treat AUD/USD like it is in down trend. It can be wave 1, or A.

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Yes of course.

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SL -11pips on GBP/USD Now im looking on GBP/JPY it looks much stronger. Also retrace from fibo/ S/R zone after 4 correction wave and has 2xHL on 5minute chart.

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12:30 Long on GBP/USD 1.59291 SL 1.52188 image Price in trade zone. H1 buy signal. image Signal on 5minute. Than Higher Low with signal = open of position with SL below second low.

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Potential trades levels (after reaching this level - i need faster DT signal on H1, than signal on 5minut slower DT and 5minute Higher Low with DT signal): image image

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AUD/USD on support level and last level for long if its correction of wave 3. image

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No other trade today 27.03.2012: 1trade - SL -4,5pips

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SL -4,5pips. For re-enter HL on 15minutes chart with same rules.

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image So Higher Low with buy signal on slower DT on 5minut.

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18:54 Long opened: 1.04861 SL 1.04818

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Well A correction wave could be a little bit higher so we can be after C now - its too many complications.

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Yes - soon can be buy signal.

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Its late. I think Central Europe has best time for Forex trading - getting up early making me able to trade end of Asian session, whole EU session and best hours of USA session. Anyway im waiting for confirmation to avoid many lose trades. Its ...

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For lower TF its 13.

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Higher Low with buy signal.

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I'm waiting for Price Action signal also on 5minute - if it will be Higher Low i will open position.

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Possible long on AUD/USD: image AUD/USD is not on wave 4. Wave 3 was ideal 1,618 of wave 1. Now there is support line and 38,2 of wave 3. H1 DT is close to give buy signal - but i will wait for Higher Low with buy signal on 5minute chart before ...

High Probabilty Trading