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21 November 2007

CADJPY 21 Nov

CADJPY 21 Nov


Early trade. I like to profit while sleeping ;-)

Anyway, from yesterday I had a balance line (#1) and fractal (#2) stop orders. And with the coffee another one on 2 AO (#3). Because of the early trade all were with trailing stops.

I didn't remove trailing and next session stops were hit (on #4).

20 November 2007

EURCHF Nov 20

EURCHF Nov 20


This week started with a loss. Double sell fractals (one from Friday, one from today) turned to a loss.

Sell stop was placed under Friday's fractal. Unfortunately the second attempt formed second fractal which turned to a rally signal. The same bar closed above pink line and the next one hit the stop loss.

Short and ineffective trade. We'll see next one.

16 November 2007

GBPUSD 16 Nov.

GBPUSD 16 Nov.


This was a tough trade decision for me.

Almost all the day price was drifting on H4 chart. After the first DBar price was hesitating around it neither breaking it up or down.

The second one also wasn't credible. I've placed the order (buy stop) after the pull back two sessions later.
This was supported by the Balance line and 3 green AO signals where I've added two more orders.
They all were hit next session (before the last visible on the chart).

I've put 15 pips trailing stops which was hit on the next session beginning assuring 70pips profit.
Nice end of the week

15 November 2007

Gold 15 Nov

Gold 15 Nov


Not so lucky with gold today.

Entry was in the Zone after 2AC signal was triggered (line #1). Signals inside alligator are not reliable so I moved stops up as soon as possible. This didn't help me much and few session later stop was hit (line #2) producing a loss.

14 November 2007

GBPJPY 13-14 Nov.

GBPJPY 13-14 Nov.


Yesterday (13th) GBPYPJ started a big green candle up - second DBar.
After this second DBar ended I decided to place a buy stop order above it.
It was supported by the green zone.

Next came 2AO above zero signal and the Zone itself, so I had 3 buy stop orders almost on the same level (#1).

Next signal was 3AO bars (#2) and balance line signals on the same level - both took on the next session.
I neglected Zone signals because of the strong move and the short distance to the gap.

Finally trailing stop was hit after the gap was closed - where it seemed a logical end of the trade.

Orders were active in the range 228.01 to 231.01 where was the exit. Nice move for 4 hours chart.

13 November 2007

AUDUSD 12 Nov

AUDUSD 12 Nov


The week AUDUSD 4 hours chart began with a gap taking the orders (position #1) from Friday.

At end of week there were a Balance Line and AO Zero cross signals.
Next sessions offered few more entry points (#2,3,4) and a straightforward move.

Only entry #4 was questionable because of the DBar and the distance from the alligator.
Anyway I decided to enter and tighten the stops at order #4 break-even.

As expected stop loss was hit and trade was closed.

Very furious beginning of the week.

11 November 2007

EURUSD 5-11 Nov 2007

EURUSD 5-11 Nov 2007


EURUSD - clear up-trend this week. At the beginning we had some consolidation.

Point
Description
1
BL buy stop hit 3 session later.
2
Zone order
3
up fractal
4
Long AO green series. Stops tighten.

The strong move offered straightforward trade easily following the move.

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.

AUDUSD 5-11 Nov 2007

AUDUSD 5-11 Nov 2007

Here is how AUDUSD trade was developing this week:

Point
Description
1
Retrace (last 4 red bars) ends and price hesitates around alligator.
2
Up fractal is taken and move stops for 2 sessions. Still not clear where are we going.
3
AO signal taken. Move is up. Alligator opens. I've ignored Zone signals because of the steep move.
4
1st DBar appears. Stop loss moved below the low. Sell Stop order placed. Two bard later stop loss taken. DBar fired. A new DBar formed
5
2nd DBar is taken. Trade is against the trend. Strong down support in Momentum and Acceleration.
6
This is why I've added a Zone sell order - taken later.
7
Session failed to break down alligator's line so stop was tighten and later taken.
8
Down move stil valid so BL sell stop placed and moved below each bar's low. Taken.
9
Zone sell order
10
Zone sell order
11
End of week. Closing all the trades.

Total 572 pips

04 November 2007

CADJPY trade Oct 29 - Nov 2

CADJPY trade Oct 29 - Nov 2

CADJPY offered a good opportunity to profit from Chaos trading method.

I've placed four orders: 3 on fractal breaks and one on 2AC signal.

During the orders price didn't touch the red line even for a test. This was a calm trade offered a nice profit.

AUDUSD trade Oct 29 - Nov 2

AUDUSD trade Oct 29 - Nov 2


Nice sample applying Chaos trading method. On the chart are seen
2nd and 3rd Elliot Waves.

There were 3 long orders made: 1st was on fractal break, the others were balance line breaks. Though all the time price didn't break read line, because of the long up bars line, stop loss was tighten.

2nd and 3rs orders were closed after forming a DBar.