I was stop out at USDJPY 107.36. - 25pips

Day - 25pips
Weekly -25pips

Total -25pips

Short base on System 2 at 107.11. Stop loss is place 25pips above entry at 107.36. Time of trade around 1330hr. No upcoming major news for this pair for the day. Potential first target at 106.70, last week's weekly pivot and also a level of resistance.

Just close EURJPY short with +54pips. Doesn't seems like 167.00 is ready to be broken. 5 days low was at 166.90 with a strong support at 167.00 level. I'll take whats on the table and keep it as my ammo for future battles. Its a good trade anyway.

Day : +54
Week : +54

EURJPY Short is lock in at +20pips. Currently shoing +54pips. Still waiting for confirmation 167.00 was broken.

Short EURJPY at 167.43, SL 167.72.

Price broke and patiently waited for the price to retrace back to a favourable price for a short.
Signal line also did cross below zero within 3 bars.

The previous trade was stop out with +63pips. A gbpjpy short was open last night at around 11plus. Breakeven will be shift to +20pips and first target will be at 120pips.

Edit
BTW this trade went all the way to 110pips but as I never got back in time to shift my levels, I was lock in for +20 pips. Too bad it never work out to my target by 10pips.

Up 105 pips. Taking my first profit off the table and the half to ride the system. Profit will lock in at 1.9656.

A clearer picture

Nice move downwards. It broke the weekly pivot. Will be holding on to this trade for a while.
Up 50pips as for now. Stoploss will be shift to Breakeven

Short GBPUSD at 1.9719 SL 1.9745 which is 26pips away from entry. Entry is base on 30mins system 2. As we can see from the 4hr chart I post here, GBPUSD had hit the we seen on 9th June. Its might be the sign of reversal. If it is, we have a huge potential for a great move downwards for good profits. Anyway the cost to this trade is only 26pips.

Trade will be updated as it goes along.

Sold at 210.81 but Hit my Stop loss at 211.26. -45pips. Its a crazy month to trade. I guess summer is here early. Later on(thur) there will be lots of next coming up. BOE and BOJ big bosses will be talking. 2 more days to trade but chances are slim. Trade to make money, not trade to trade.

Short at 210.81 base on a valid signal on 4hrs Trigger line. Price pull back and entry was triggered. First target is 209.61, which is 120pips. Second target is 208.81 from what I see now. Levels will change depending on how long this trade is in the market. Hopefully I'll be able to see it soon.

Position open from a 4hr trigger line. Stop loss set up for 40pips. First target at 205.84. My daily trigger line which also act as support.

First time getting a shot of my golf swing. Pretty nice don't you think (:

Second lot is doing well. The initial stop loss set under the 50% fib of the 4hr bar hold through out the night. The price bounced off my 30mins trigger line. Its the normal retracement on profit taking after a big move. Overnight the price reached a high of 204.40. Now it should be standing at 203.84 to 94. My entry for this is at 201.03. Second lot is doing great with around 295pips nearly 3K of profits. I'm satisfy with this trade call. Had been following the market periodically to wait for this to happen. Trade your plan, Plan your trade. A roadmap approach ensure me to be in control of my emotion and direction of my trade.

Will update the close of the 2nd lot later. I had shifted my SL close to the current price as today is a friday I'll not put my hopes that it will continue to be on my side thru out the day. Will not be seating next to my trade therefore SL is the best management.

I'm out with 10 pips gain :( tomorrow's lunch money.

GBP/JPY key level is now at 212.80, once its broken with valid confirmation from my signals, it will be a big move up in my books. Will keep a close watch and see if I can make some tomorrow morning.

This trade is open long at 212.07. I left a 40pips stop loss in place. As I'm typing here the trade suddenly shot off in my directions reading at a high of 55pips or so. I had shifted my stop loss to breakeven. Technically this trade is a free trade now. I'll take some profits and let the rest break 212.80. If price is above this level from 5am Singapore time onwards, I would probably be entering another lot to ride this wave for more profits.

Last thur I missed a 480pips mover... shit... Trading platform was not functioning well and I can't login to take the trade. #$%&##$% But its ok, more chances around the corner. 2008 is a difficult year to tackle. Stock market is losing ground, market direction is uncertain. Then again forex is a land of opportunity to grab some money.

Cheerz
David

Nice open, within 45mins I hit my 105 pips target. I close 0.50 lots and let the rest ride to my target or stop out from my 100pips trailing stoploss. Lets see how it goes.

Folks with me should have $480usd for 0.50 lots close hot in your pocket. Its ok if you closed everything for 100pips. Its good profit! 45mins $1k! Money mgmt is the key to success.

First trade open for the year. GBP/JPY long. This trade is open long at 211.12 stoploss 210.60 Target will be at 214.62, around 340 pips. First TP is at 212.12 for 100pips gain and let the rest ride. Patience = Profits.

The trade I closed with 300 over pips is attached and shown above. Its about $2500usd 1 full lot.
Total close is about $4000usd.. not bad for 3 days work. End the year with a winning trade is a good close. Total for the month is about 600pips $6k for a full lot trade. Could have more but I dare not enter near the year end as its risky with less volume in play. A win is a win, we will plenty of opportunities around the corner next year. Even after we move on to the other side, the market will still be available for harvesting.

Year 2008
This year no trade was taken yet. The market direction in my books are not set. I'll be waiting patiently for the right trade to appear. Trade for money and not trade for trade. Will update along the way. Hope this year is as good as 2007. Lets make some money!!!!