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11 November 2007

CADJPY 5-11 Nov 2007

CADJPY 5-11 Nov 2007

4 hours chart
CADJPY offered excellent entry after consolidation.
Point
Descriptions
1
Consolidation ended. Last up fractal taken. I put order there because price was above alligator.
2
Stop Buy orders on AO & BL signals. Both taken. Ignoring Zone for the steep move.
3
Dbar. Stop loss moved below the load. Stop sell order placed. Both taken.
4
Red Zone
5
Red Zone. Big volatility. Stop loss tighten. Small Loss
6
All sell orders taken.
7
BL sell stop order. Taken during next session. DBar. Stops tighten,
8
Stop loss taken. Ignoring DBar.
9
BL sell stop order. Steep move. Keeping stops tight.
10
End of week. Closing all trades.

This pair offered an excellent profit.

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