Trading Chaos

CADJPY 21 Nov

2007-11-21T18:09:00.000+02:00

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).

EURCHF Nov 20

2007-11-20T17:00:00.000+02:00

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.

GBPUSD 16 Nov.

2007-11-16T21:19:00.000+02:00

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

Gold 15 Nov

2007-11-15T12:54:00.000+02:00

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.

GBPJPY 13-14 Nov.

2007-11-14T12:54:00.000+02:00

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.

AUDUSD 12 Nov

2007-11-13T13:30:00.000+02:00

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.

EURUSD 5-11 Nov 2007

2007-11-11T17:24:00.000+02:00

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

2007-11-11T16:31:00.000+02:00

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

2007-11-11T16:01:00.000+02:00

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

CADJPY trade Oct 29 - Nov 2

2007-11-04T18:35:00.000+02:00

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

2007-11-04T18:21:00.000+02:00

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.

AUDJPY

2007-09-29T22:47:00.000+02:00

AUDJPY

Another nice trade offered this week AUDJPY.

After the retracement last up fractal was furiously taken. Move was supported by strong acceleration. Momentum failed to cross down the zero line. The strong up move stopped for a while forming a divergent bar (never taken).

I didn't use the next up fractal because of the strong decline in acceleration. A little big later the move stopped and trailing stop was hit.

Generally we've got here a nice move (from little above 100 to 101.34) and both signals almost double the pips.

GBPNZD

2007-09-29T22:29:00.000+02:00

GBPNZD

Unexpected (for me) GBPNZD offered just before the week-end a nice move allowing even to double the pips.

Alligator was showing a beginning of a small down trend. Price formed a down fractal. Acceleration and Momentum were still sleeping.

Following the rules an order below the fractal was placed followed by another order below the Balance line signal two bars later. Both stop-loss were just above the red line.

And just one session later - bang! - a nice down move of 197 pips.

Both order were fired and just I was thinking that this is the big move... trailing stop was hit for my regret.
A little bit later market confirmed for still another time how important is the use of stop loss...

From these 197 pips 314 pips profit were gotten ;-)

AUDNZD trading

2007-08-17T16:13:00.000+02:00

AUDNZD trading

Second pending order was not hit.
Instead stop loss was.
1.17 level break failed and move is in the alligator now.

So it is better to stay out while market hesitates where to go.

2007-08-17T16:09:00.000+02:00

AUDNZD - trading

Obviously the move will be into the alligator next few sessions, so it is better to stay away.

1.17 Level failed - perhaps it is too early for it...

Last up Balance line trade (in blue) was stopped and all orders have been closed.

AUDNZD - trading sample

2007-08-17T11:07:00.000+02:00

AUDNZD - trading sample

This week along with great trading opportunities AUDNZD shows excellent sample of Chaos trading system.

First we had a nice trend - a constant up move without big volatility. The only thing trader had to do was placing order on each signal.

Orders for this series are marked in orange.

Numbers 1,3,5 are fractals; 2,4,7 are Balance line.

After the 7th order there was a down signal (3AO) and move reversed. Stop loss was moved some pips above 6th order and was hit during the retrace.

On the next up move there were 3 signals (marked in green) - 8,9 are Balance line and 10 is a fractal.

Trailling stops follow the move and on next retrace was hit. The same retrace formed Bearish Divergent Bar (marked in light blue).

Here volatility increased and was hard to decide the correct place of stop loss. I decided to keep it above next to Dbar bar and I was lucky to remain in the trade. In this Divergent bar trade there was another Balance line signal.

Still big volatility and stop loss was hit and Divergent bar was transformed into trend retrace offering an up Balance line signal.

Let's wait to see whether 1.17 lever will be broken up again...

Wisdom

2007-08-03T21:59:00.000+02:00

Wisdom

I read a paper without a title nor an author or whatever notice where I've got it. It throws around for some time and today I've decided to read it finally.

And I found few sentences that each trader must hammer on the screen keeping one of the eyes on it all the time trading.

Here they are:

The first, biggest and worst enemy of any trader is its own opinion about where the market is going.
The next biggest enemy are opinions of friends/brokers about where the market is going.

Simple!

Yesterday setups

2007-08-02T09:55:00.000+02:00

Yesterday setups

AUDCHF and EURAUD Divergent Bar Setups formed yesterday lost steam and turned into a range.
After two long bars moving forces lost interest and last two sessions are drifting around.

Nevertheless momentum and acceleraiton are still on the same side, trading against the trend is always dangerous.
Finally tighten stops were hit and trades - closed.

There is still possible the move to continue in DBars direction, but until price is into the Alligator's lines trader must keep his eyes well open ;)

AUDCHF Bullish Divergent Bar Setup

2007-08-01T15:44:00.000+02:00

AUDCHF Bullish Divergent Bar Setup

Like EURAUD, 4 hours chart of AUDCHF formed also a Divergent Bar setup - a Bullish one.

We have again something near to Double bottoms but here we have a clear divergence between price and Momentum.
Acceleration, compared to previous move, was weaker.

Divergent Bar break up was strong and fast and if 1.0250 level is taken we could expect testing the 1.0370 level next.

Anyway, keep stops tights for this move is against main trend and easily could be transformed in a retracement...

EURAUD - Bearish Divergent Bar setup

2007-08-01T11:32:00.000+02:00

EURAUD - Bearish Divergent Bar setup

After the peak two days ago, EURAUD made another one on 4 hours chart forming a new Bearish Divergent Bar. This Dbar is supported by the Tween Peaks formation in Momentum and a nice acute angle.

Acceleration is also much less then during the previous rally

This is a good chance to go short with a nice profit horizon if there is no unexpected news around.

GBPCHF - Bearish Divergent Bar setup

2007-07-24T14:37:00.000+02:00

GBPCHF - Bearish Divergent Bar setup

Early in European session GBPCHF on 4 hours chart has formed a Bearish Divergent Bar.

If there are still opened long positions - should be closed. Last bar has closed below the pink line which is enough reason to exit.

Those entered market on the short side are already on a safe territory. Bearish Divergent bar has shown significant angle and acceleration is slowing. Current session turned momentum also down.

So be prepared to take the next signal.

AUDNZD Daily - Bullish Divergent Bar setup

2007-07-24T08:43:00.000+02:00

AUDNZD Daily - Bullish Divergent Bar setup

As seen on the chart there is a Bullish Divergent Bar forming today.
The steep down move last two days failed to break down the 1.09 level forming Double Bottom
At this point forces seem to be balanced and momentum and acceleration are gravitating around the zero.

Let's see what will be today.

GBPAUD Bullish Divergent Bar Setup

2007-07-19T19:13:00.000+02:00

GBPAUD Bullish Divergent Bar Setup

GBPAUD 4 hour chart is forming a Bullish Divergent Bar Setup. The acute down move formed strong divergence with the Alligator's mouth preparing next setup.

During the last two sessions, price failed to break down the previous Bearish Fractal forming this way a Double Bottoms.

This Bullish Divergent Bar is supported also on Daily chart where is visible again Double Bottoms and strong divergence between Momentum and price.

EURNZD Bullish Divergent Bar Setup

2007-07-17T08:53:00.000+02:00

EURNZD Bullish Divergent Bar Setup

During Asian session EURNZD has formed a Bullish Divergent Bar Setup visible on the chart.

Acceleration is slowing during last 4 sessions which results in momentum change.

Long though the down move failed to break support around 1.73 level forming a Bearish fractal.
All these formed a Double Bottoms formation. Price is significantly down to Alligator's red line.

The chart shows us a valid Bullish Divergent Bar.

Take in mind that Divergent Bar is a signal for change in direction but there always might come some news confirming main move (down in the case).

So keep your eyes open and be ready to act.

CADJPY - Stop Loss hit

2007-07-13T15:27:00.000+02:00

CADJPY - Stop Loss hit

Story that has began here ended now.

Bullish Divergent Bar trade developing last few sessions ended with a nice profit.
Up move offered at least three entry points (marked in green). During Last session price entered into Red Zone and Stop loss was hit.

Exit is supported by the bearish Divergent Bar formation.

So look carefully and be prepared to act according to market move...

CHFJPY - Bearish Divergent Bar setup

2007-07-13T08:24:00.000+02:00

CHFJPY - Bearish Divergent Bar setup

Bullish Divergent Bar from yesterday seems to be at the end.

Signals about that are acceleration, going up and down, the new Bearish Divergent Bar formed previous session.

If last Divergent Bar turns out into a down move, it is possible to get a Head & Shoulders formation.

Tighten stops and place stop orders accordingly waiting market to decide which direction will go.

EURCAD Bearish Divergent Bar Setup.

2007-07-11T20:41:00.000+02:00

EURCAD Bearish Divergent Bar Setup.

Similar to CADJPY EURCAD formed a Bearish Divergent Bar setup, supported by acute angle and slowing in Acceleration.

Orders are set.

Waiting...

CADJPY Bullish Divergent Bar

2007-07-11T20:22:00.000+02:00

CADJPY Bullish Divergent Bar

After some hesitation around 114.40 level it seems that Bulls successfully turned up the momentum.

The trial to break down the Bullish Divergent Bar failed, forming a Bearish Fractal.

Buy stop order has been fired after the acceleration turned up and issued a 3 consecutive green bars buy signal.

Forthcoming is to see what will be on the Asian session.

USDJPY - a nice trade

2007-07-11T10:01:00.000+02:00

USDJPY - a nice trade

There are two Bearish Divergent bars visible on the chart. They did not seemed credible enough for me so I missed orders and place them below the Bearish Fractals bunch somewhat lower.

Currently price is testing the last Bearish Fractal - in case of down break a very nice profit will get ;-)

Let's see...

CADCHF Bearish Divergent Bar

2007-07-10T17:08:00.000+02:00

CADCHF Bearish Divergent Bar

Here is the chart.

There are two Bearish Divergent Bars (with Bullish fractals on the same bar).

Forming an acute angle though, I was not much confident that these bars will offer a good trade.

But rules are rules and must be followed!

So I've placed orders above and below these bars and latter were taken soon.
The last Bullish fractal had almost taken the stop loss but fortunately "almost" and I've remained in ;-)

There were some Red Zone entries and now looking whether 1.142 level will be broken down...

Two nice new setups

2007-06-29T12:15:00.000+02:00

Two nice new setups

AUDCHF

After the strong rally previous sessions we have two Bearish Divergent bars formed and Bullish Fractals at 1.0520 level were not taken.
Divergent bars are supported by long up move 8 green bars in Momentum and acceleration slowing.
Previous session has been traded in small range so there is an opportunity for a short entry with small risk.

EURAUD

Here we have a Bullish Divergent bar setup.

Bearish fractals at 1.5780 level have not been taken, but Bullish Divergent Bars were formed.
Again support in Momentum - 8 red bars and slowing acceleration.
Again small range and an opportunity for long entry with small risk.

GBPCAD - furious diving

2007-06-29T10:31:00.000+02:00

GBPCAD - furious diving

GBPCAD offered a classic Divergent bar trade. Rally formed Bearish Divergent Bar, taken almost immediately.

Then we had some time to think about our strategy while market was moving in range. Ranging it formed a double tops with two Bullish Fractals, not taken.

There was a deep diving taking all sell stop orders offering to increase out profit in times...

EURCAD trade

2007-06-29T10:12:00.000+02:00

EURCAD trade

Here is how EURCAD trade is developing this week.

A short order has opened below the low of Bearish Divergent Bar, taken on the next session. Stop loss survived during the next rally which finished forming a new Bullish fractal (never taken) and 3 red Momentum bars offering a new short entry point.

The strong up and down moves during these sessions ended into a small range while seaming power for the next move.

During this range two type of orders have been placed - stop & reverse long orders above Bullish fractals and new short stop orders below the Bearish fractals.

Latter were taken in a furious diving. These few sessions fall in the Red Zone with great opportunity to add new orders to the trade without almost no risk.

Current session is gravitating around the fresh Bearish Fractal and possible Bullish Divergent Bar. Possible because 78% Fibo level is around and the diving slope is too much acute.

So from here forward we place a sell stop order and a buy stop order, tighten the stops for the open positions and let's look where are we going...

EURUSD - Bearish attack failed

2007-06-28T10:15:00.000+02:00

EURUSD - Bearish attack failed

Already a week EURUSD is gravitating around 1.3450 level. It is visible on the chart that bears have been more active that bulls and their attacks gain strength and each new one is stronger than the previous.

Currently it seems we are in the next unsuccessful bull attack, which breaking the 1.3475 level though, lost steam. Because of the support of Acceleration and Momentum the chances for an up move are sill valid, but keep stops tight and eyes open for the next move.

EURJPY Bearish Setup

2007-06-26T10:32:00.000+02:00

EURJPY Bearish Setup

There is here an interesting Bearish Setup on 4 hours chart.

It started with a Bearish Divergent Bar here price drifted around for few sessions allowing to place sell stop orders.

Divergent Bar was taken furiously and our stop loss was checked but not taken while 3 red Momentum bars were formed offering a new short entry.
Meanwhile a Bearish Fractal was formed showing us where the next sell stop order should be placed. Both orders were fired in a short period.

This setup was supported with the divergence between the price and momentum where Tween Peaks signal was formed.

Now price enters into a support area around 165.50 level. If broken down there will be a nice profitable opportunity.

USDCAD - Divergent Bars on a ranging market

2007-06-22T10:49:00.000+02:00

USDCAD - Divergent Bars on a ranging market

Here is a nice sample trading divergent bars when there is no trend

Signals and entry points are market in orange; Exits are in red.

Currently a new bearish divergent bar is forming...

False signals

2007-06-20T09:06:00.000+02:00

False signals

Here I'll try to summarize the move in EURUSD 4 hours chart registered in last three days.

Here is the beginning - Monday 18th beginning of the European session. After the strong rally on Friday moving the price far away form the Alligator's lines and creating an acute angle we have slowing Acceleration resulting in Bearish Divergent Bar formation.
Two hours after the US session open. Bearish Divergent Bar was taken easily by the steam accumulated in the Friday's rally. Angle is closing; Momentum is down; Acceleration continues slowing. A new Bearish Divergent Bar has been formed.
Next day (19th) beginning of the European session. Again Bearish Divergent Bar was taken; move continues up but losing steam. There is almost no Acceleration. Attempt to break up 1.3430 resistance failed creating next Bearish Divergent Bar which is an outer bar in the same time
Same day - just before US session open. Outer bar is growing; Bullish Fractal is on the way. Momentum passes to negative territory (down) Price is hesitating between 61.8% down Fibonacci and 38.2% retrace Fibonacci. If there are still open long positions - they must be closed here because we have to bars closing below the pink line. If there are short open position - wait to continue down or close them at 1.3440 break up. Alligator is going to close so be careful - prepare to exit all trades.
Today (20th) before European session open. Double top formation and next consecutive Bearish Divergent Bar formation. Price failed to take Bullish fractal. Acceleration and Momentum are up after market takes breath. Looking for today development

EURUSD - few sessions later

2007-06-18T14:49:00.000+02:00

EURUSD - few sessions later

Previous post ended with:
> Be careful because the support on daily chart for this up move is strong and this DBar could turn to a false signal easily...

Let's look on the current state of the 4 hours EURUSD chart - just at the beginning of US session.

From Friday there was an excellent entry point when all three Bullish fractals were taken.

The European session started slow (but up supported by the up move on the daily chart ) accelerating and offering another entry point at the high of the Bearish Divergent Bar.

The next step is to take the resistance at 1.342 with might turn out to a nice rally.

Keep your eyes open.

2007-06-18T09:46:00.000+02:00

EURCAD Bearish Divergent Bar setup

What is different between this Bearish Divergent Bar setup and the same setup formed on EURUSD 4 hours chart today (look here and here )?

Here we have very strong Acceleration pushing up the Momentum, but Alligator is asleep and Friday spike up had just awaken it.

This is dangerous because once up it might start hunting and will take away this setup. We'll see in the coming few sessions.

EURUSD - new setup

2007-06-18T09:38:00.000+02:00

EURUSD - new setup

EURUSD continues to offer good trade opportunities (beginning is here ).On Friday we had a furious break up taking the Bullish fractal. It was so king to retrace for those missing the entry point...

Such large moves often form Divergent bars and so does EURUSD.

Be careful because the support on daily chart for this up move is strong and this DBar could turn to a false signal easily...

EURUSD - time to close

2007-06-15T09:27:00.000+02:00

EURUSD - time to close

Almost a week of nice trading session has ended. From yesterday Alligator is going to sleep (at least a while). So if there are still open positions - should be closed.

On the 4 hours chart is visible the beginning on 6 June. The 1st entry point is a little below the fractal because the change of direction was almost immediate and this fast move surprised me.

Few sessions later there were formed two Bullish Divergent Bars which seems not valid because of the lack of any angle between candles and alligator teeth - so I've ignored them. Instead a new short entry was fired on the Divergent Bar stop loss line.

There were few more entries in same direction marked with green. Sessions after the third entry were torn by anxiety whether the move will continue. It was obvious that the move is coming to its end.

Exit - marked with red - was on the second close above link line - when there was obvious that a new channel is forming.

So what's next?

It seems that there will be a correction. This is supported by the daily chart where a Bullish Divergent bar is visible and seems to be a valid one.

Be prepared and we'll see.

EURCHF re-tests Head & Shoulder's Neck line

2007-06-08T09:33:00.000+02:00

EURCHF re-tests Head & Shoulder's Neck line

Yesterday rally (look here ) kicked all orders out in its attempt to attach right shoulder. The attack was short and weak and turned out into a range.
Down signal are still valid Momentum and Acceleration are still in Red Zone and both are down, but let's wait to see who will win this battle.

On daily chart is clear visible how hard this neck line is :-) It is also visible that Alligator is going to wake up...

GBPAUD continues down move

2007-06-07T09:53:00.000+02:00

GBPAUD continues down move

Story begins here.

This pair seems to be one of the last still moving anywhere. During early Asian session Bearish fractal has been taken opening a new short position. Currently Acceleration and Momentum are down offering a new entry point.

Monthly chart shows us a possible target - 2.27 All other time frames between four hours and monthly are showing the same - strong down move. Keep your eyes open and take signals when they appear.

EURCHF has broken Head & Shoulder's Neck line

2007-06-07T09:29:00.000+02:00

EURCHF has broken Head & Shoulder's Neck line

Yesterday strong move down took the Bearish Fractal and Double Bottom without any hesitation.
Taking breath market formed Bullish Divergent Bar witch does not seem valid because of its angle and position - too close to alligator's lines. Naturally for this correction Acceleration had turned up, but for the moment there is no signal for reverse.

Anyway lock your profit and let's look what will be next move.

The above point of view is supported by daily chart where we have Head and shoulder Formation and a break of the neck line. Acceleration and Momentum also support down direction.

EURAUD - time to trade

2007-06-06T17:05:00.000+02:00

EURAUD - time to trade

Bullish Divergent Bar seems broken and this looks like a great opportunity for short entry.
Still keeping an eye on the DBar I've placed some sell stop orders.

We could see more clear what's cooking in on the weekly chart:

Support is broken combined by turn in momentum and down acceleration.
It seems to me that there are two ways to develop - down move ending in a Bullish Divergent Bar or
Deeper diving which obey good profit... Let's see

USDCAD

2007-06-06T14:37:00.000+02:00

Searching the probable target (read article here ) seems to end.

Today have formed two Fractals - one Bullish and one Bearish clearly defining current range. On daily chart is visible that these two days candles are almost equal. Momentum last quit long and market need to take a breath.

So it is time to collect profit and look for the next opportunity.

GBPJPY what is up?

2007-06-06T12:32:00.000+02:00

GBPJPY what is up?

On 04 June GBPJPY has been forming Bearish Divergent bar setup. The first two Divergent bar had been easily killed resulting small loss.

At the moment Bears are taking territory step by step. The last bearish Fractal from yesterday was taken today nevertheless the srtong support around 241.45. There were few signals so far and there is no signs for circumstances change.

Looking again on the upper time frame we can see confirmation of the yesterday setup. There is almost no acceleration in either direction. Momentum is still up but not strong and could easily change. We have a new lower low and a support around 240.00 level. So it seems that there is a room for some correction...

GBPJPY - is these DBars valid?

2007-06-04T09:33:00.000+02:00

GBPJPY - are these Bearish Divergent Bars valid?

We can see three consecutive Bearish Divergent bars formed after the Resistance break up.

So it seems to me that there is a reason to ask ourselves how valid these signals are.

We see that the angle is steep, momentum is up and Acceleration is hesitating
(which formed these signals).

Well, I think that trader must obey signals. I was convinced of this by the market itself.

On the other hand trader must confirm for itself each of the signals and always to investigate setups.

So what we could do is to take a look on the upper time frames... And here they are:

Weekly Chart

So what are cons and pros about our setup? I've marked them on the chart.

No acceleration
Double Top
Momentum Divergance

But here we have a cons - Double tops are not compleated yet. Will market reverse?

Who knows? Let's take a look on the next time frame.

Monthly chart

We see the same Double tops also on this chart. Acceleration is slowing already few months...

So back to the question - is this setup valid?

No one could be sure what will happen in the future. Traders work with probabilities only combined with their wishes.

Of course market might move up or down or sideway... This will see soon. But at this moment stepping on the ground of what we see here we could say that there is a highly probability this setup to be valid.

Let's see.

Where is USDCAD target?

2007-06-04T09:15:00.000+02:00

Where is USDCAD target?

The long down movement broke down... Good for us ;-)

There is no sign this move to has in mind to stop... Alligator's mouth is well opened and it is eating a lot.
There are strong Momentum and Acceleration is on. The Bearish Fractal formed at the end of the last week was taken easily opening subsequent trade.

Suspicious...

Let's look on upper time frames:

Daily char

It shows the same strong move, Momentum and Acceleration. There are two Bullish Divergent Bars that failed fast.

Nothing new here.

Let's go up - Weekly Chart.

Similar. Support has been blown out. Last week Acceleration has pumped steam. No sign for a possible target.

Monthly chart.

Here we have confirmation of this down move. Three consecutive months of down acceleration. Momentum failed to cross zero line. Alligator's opening its mouth again.

GBPAUD - "on the next day" - part three

2007-06-01T16:29:00.000+02:00

GBPAUD - "on the next day" - part three

We have a nice movie here ;-)

Bearish Divergent Bar starting few days ago (look here part 1 and part 2 ) offered a great opportunity for a profitable trade and no pitfalls at all 8-D

For a trader the only concern was to keep the eyes open and to catch each signal.

After the nice move it seems that it is time for collecting profit. Acceleration is slowing and momentum has turned up.

Looking on the daily chart we see that it is the right forming of a head and shoulder pattern, so there are to choices here:
Either to break down
or turn up

Look patiently.

USDJPY - Will break up?

2007-06-01T15:43:00.000+02:00

USDJPY - Will break up?

Whether this is the last Bullish attempt or a break up will see soon...

The Bearish Divergent Bar formed few sessions ago couldn't break the Bulls support nevertheless the large fluctuation - almost 100 pips. Fortunately this move kept me away of loss.

The battle narrowed the range very much which was obviously to end in an explosion in either side up in this case. It is visible that the up move was predicted by strong up acceleration pushing momentum also up.

The question is: is there enough steam to break up?

On daily chart we see double top formation and divergance between momentum and price...

GBPAUD - "on the next day" - part two

2007-05-31T14:05:00.000+02:00

GBPAUD - "on the next day"

The trade entered after second Bearish Divergent Bar (look here ) moved strongly down taking furiously all signals generated on the way. Nevertheless Acceleration is slowing there is a good chance to hit 78% Fibo level (what about 100% level?)

We have to look for new signals soon...

GBPAUD Bearish Divergent Bar Trade

2007-05-30T18:33:00.000+02:00

GBPAUD Bearish Divergent Bar Trade

It was hard to turn down the strong up move in GBPAUD 4 hour chart.
As seen on chart 1st Bearish Divergent Bar failed to break the up move and stop loss was hit.

The new rush to the top failed again, forming a new Bearish DBar and Triple Tops. All three Bullish Fractals did not have been taken.

Fortunately the strong resistance pushed price down hitting one after another each sell stop orders.

It seems that the bottom of this impulse is about to end around 2.40 level (if nothing steams additional down move).

How to benefit without Divergent Bar

2007-05-29T17:01:00.000+02:00

How to benefit without Divergent Bar

Not all moves form Divergent Bars signaling us for change in movement direction.
A sample is USDCAD 4 hours chart here. The lack of Bearish Divergent Bar cannot stop trader to make some profit.

The long down side move has stopped for a while ranging in a narrow path. Yesterday attempt to break down this range was unsuccessful, but formed a Bearish Fractal signal. This and previously two taken fractals have to sharp our attention. This decision was supported by Bullish fractals going in down direction too; last one failed taking 1.0885 level.

Using Balance line signals I've put few sell stop orders - just in case. It doesn't seem to me that the down move could continue. Today we see that trader have to obey signals!

Stop Loss is moved below last order so I'm in a free trade now waiting for more signals.

Why not?!

When Alligator wakes up

2007-05-29T15:34:00.000+02:00

When Alligator wakes up

On USDCHF 4 hour chart we can see the long sleep of the Alligator (light blue rectangle).

"... the longer it sleeps the hunger it gets..."

Here we can clearly see this in action ;-) More than 20 sessions price has gravitated around 1.2280 level.
We've got two Bearish Divergent Bar signals which seemed (before diving) weak and accidental especially first one.

But the strength pumped during the sleep exploded and if trader has not set its buy stop orders would probably miss at least the first entry.

Last bearish DBar was also signaled by bearish divergent into the Acceleration (up in price while strong down in AC)

"... we take all and each signal after the first fractal break..."

With green are marked all sell order signals on this steep down path.

USDJPY Bearish Divergent Bar Setup

2007-05-28T09:48:00.000+02:00

USDJPY Bearish Divergent Bar Setup

It seems a Bearish setup is formed:

We can see the new Bearish Divergent Bar having an acceptable angle. Additionally it is supported by Acceleration decline. On the other hand previous rally failed to take the Bullish Fractal forming Double Tops.

These double tops in turn formed Bearish Divergence with the Momentum.

These formations are confirmed on daily and weekly chars where double / triple tops are formed.

USDCHF Bearish Divergent Bar

2007-05-28T09:19:00.000+02:00

USDCHF Bearish Divergent Bar

USDCHF Bearish Divergent Bar formed few days ago faded quickly.
It seems that the bear strength is not so powerful at the moment to support this down move.

This weakness is clearly visible on the daily chart where
Bearish Fractal was not taken last few days even cannot cross the pick line...

Anyway in this vague move it is better to say out of trade. This decision is supported by the Alligator's behavior on 4 hours chart where it is going to sleep at least for a while.

So we'll keep an eye on the Bullish Fractal about 1.2360 and wait to see what will happen.

EURCHF Bearish Divergent Bar Trade

2007-05-28T08:43:00.000+02:00

EURCHF Bearish Divergent Bar Trade

The Bearish Divergent Bar gave a chance to collect a nice profit trading it down.
Green Lines are entry points - fortunately there were lots of them giving us an opportunity to add aggressively to the trade increasing the profit.

At the end of the move there was formed a Triple Bottoms formation which closed above the pink line causing the close of the trade.

On Daily chart we can see that this down move caused the Alligator to be sleepy which have to keep us aside for the moment enjoying the profit.

GBPJPY - great opportunity

2007-05-23T22:02:00.000+02:00

GBPJPY - great opportunity

Alter about one week drifting Alligator got up and started eating whatever it found around his nose.
Once woke it took nearest Bullish fractal and formed immediately few more signals allowing to add more until accelerating.

As the Momentum shows this move was long enough and trader is not recommended to add more on the ground of Green Zone.

It seems to be time to collect profit and to look for the next opportunity.

At the moment it seems that the opportunity comes with a Bearish Divergent Bar. Perhaps movement turn doesn't looks like a high probability option but looking around we could find also other arguments supporting at least a consolidation of some sort.

One is seen as a Double Tops on the weekly chart below. This is one of the possible scenarios. Other is the power steamed so far to result in a break up...

We'll see. Important is to keep loses small and to lock the profit (Easier to say than to do!)

Divergent Bars Day - Part 2

2007-05-23T19:38:00.000+02:00

Divergent Bars Day - Part 2

The begging is of the story is here ...

Let's see what happened:

EURCHF:

Steep and fast rally formed a Bearish Divergent Bar resulted in a slower consolidation. Down move was much slower and formed a Bearish Fractal.
This opens an opportunity for adding to the trade.

USDCHF:

Acute Angle though this Bearish Divergent Bar trade was closed by hitting stop loss causing small loss.
It seems that up move has still power and could blow into a new rally. These slowing momentum and acceleration did not result in breaking the last bearish fractal - Bulls are still strong enough ;-)

GBPCHF:

This consecutive Bearish Divergent Bars failed one after another approving that the distance between the price and Alligator's line have to be substantial.
Acceleration was hesitating around the zero line and Momentum was sometimes up - sometimes down but also gravitating around the zero.
Nevertheless the angle is acute the distance between the price and MA lines is small.

Last bearish fractal was not hit but taking the Bullish fractals helped to acceleration giving few adding signals. Traders that had jumped on successfully will enjoy a nice profit.

Some others samples of Divergent Bar:

Here we have also

eurgbp

Bearish Divergent Bar was the natural end of Alligator's lines intertwining and a ground for a new down move. Here DBar was the confirmation of the movement turn from up to down.

Excellent adding point are clearly visible.

USDCAD

This Bullish Divergent Bar took lots of sessions until taken forming meanwhile two Bearish Divergent Bars. Once taken its stop loss had been his almost immediately accelerating down taking on the way both bearish fractals..

Divergent Bars Day

2007-05-21T16:25:00.000+02:00

There are plenty of Divergent bars formed today on different pairs. Here are some of the charts.
(Story continues here)

USDCAD New week (#21 - 21 May 2007)

2007-05-21T09:06:00.000+02:00

USDCAD New week (#21 - 21 May 2007)

This pair continues its down move taking the subsequent Bearish fractal.
It also shows a good example of invalid Bullish Divergent Bar. One of the conditions DBar has to met is acute angle during its formation. Instead we see here two parallel lines.

This is also support by the Double Bottoms break on weekly chart.

New week (#21 - 21 May 2007) EURUSD

2007-05-21T08:22:00.000+02:00

EURUSD is ranging from Thursday taking twice the bullish Divergent Bar and hitting once the same DBar's stop loss.
On 4 hours chart and Daily chart it formed Double bottoms failing to continue down move.

From this point of view it seems more probable to continue in up direction (supported my the positive Momentum and Acceleration), while moving forces muster strength.

If trader is on the long side - tighten the stop and keep in mind that market is in the Green Zone but in the same time there are two bearish fractals to be taken.

We've got additional Buy signal from the two consecutive green AC bars. Bullish Divergent Bar is supported by 3 green AO bars - signal to add to the long side.

EURUSD - Up or Down?

2007-05-18T08:50:00.000+02:00

EURUSD - Up or Down?

As fast the rally during 11-16 May was, the distance was covered back even faster and price with almost where it started.

This fast up and down move created a small puzzle for us - which way we have to chose? On the one hand we have bearish fractal and a retracement move on the daily chart where it does not seem to be at the end. Also the most recent Bearish Fractal has been easily taken.

On the other hand we have a Bullish Divergent Bar (tonight another one was formed) supported by upward acceleration and the inability even to touch the recent bottom. The strong down impulse that took the last Bearish Fractal seems to be already out of power.

If I decide to enter the market at all I'll follow this approach:

Will take the last signal as the most valid one and will place a buy stop order ( green line ) above the high of the DBar keeping a tight stop loss ( red line ).

Another sell stop loss will be placed below the lower Bearish Fractal again with a tight stop loss.

This way wherever the market takes on I'll be in.

Of course there is a risk market to enter a range and both orders to be opened and stop loss to be taken one after the other...

Well here is a point where no one tool could help, but your own mind. Before placing the orders trader must answer the question 'Am I ready to take this loss?'

2007-05-17T09:45:00.000+02:00

Totally flustered (GBPAUD)

(see another point of view at
What the news can do? (GBPAUD)

The news yesterday totally disordered GBPAUD.

Here on the 4 hours chart is visible the levels where Bullish Divergent Bars appeared. The 1st attempt was killed by bears, 2nd totally failed, fortunately with small losses. 3rd one seems again to be killed by bears, despite of yesterday news support.

On daily chart the break of Double bottoms was supported by the same news.

Nevertheless the Bullish Divergent bar on daily chart, looking at both charts we've got so many heterogeneous signals that for me staying away seems reasonable.

2007-05-17T09:10:00.000+02:00

Time to leave

One cannot trade all the time - otherwise how will enjoy the profit?

This is what traders have to do now (only my opinion ;-) - take your profit and enjoy it.

Looking at the EUR-GBP 4 hours chart it is obvious that trade have to be closed and profit collected.

Why?

The alligator is fed up and is going to nap.
Gator is closing.
There are at least two close below the pink line.
Too many fractals in opposite direction

In short - look on another place.

Let's take a look on the daily chart for a moment.
There is also signals in opposite directions:

Possible Double Tops and Bearish Divergent Bar versus almost a week Acceleration and Up momentum. But the upward move is too steep forming a bearish angle...

SO the daily chart just confirms what the 4 hours one is saying - look at another place!

Let's enjoy the profit!

What the news can do? (GBPAUD)

2007-05-16T20:14:00.000+02:00

What the news can do? (GBPAUD)

Starting from 14 May (you may refer it here ), lately confirmed by Double Bottoms, this Bullish Divergent Bar setup was unconvincing gravitating around 2.3730 level. The angle, presented though, was not very acute. Stop Loss below the Dbar has been almost hit - just few more pips are the order would be closed.

But it is well known that "the longer the range is, the more far away the move will be".

Any way pip by pip the move was on.

On this 4 hours chart with green lines are marked entry points issued by Chaos Trading System. As seen first few are close one after another. The the 38.2 level was tested and the next bar is The News Bar - move up was as high as the previous six session bars!

Even this strong impulse didn't help taking 61.8 - 78.6 level (you can see it just on the left of the red angle lines).

This is why Stop loss was positioned just below 61.8 level. Any way there are two more buy signals - a fractal and momentum (AO) and two pending orders have placed accordingly

The steep move, supported by Double tops and strong 78.6 resistance level from current point of view might form Bearish Divergent Bar. On daily chart the price just touch the pink line which also could act as a resistance.

On the other hand Accelerations is very strong and momentum on 4 hours chart just crossed zero as a result of this acceleration and after taking a breath could continue.

How up? - EURGBP

2007-05-16T16:40:00.000+02:00

How up? - EURGBP

On the 4 hour chart we see Bullish Divergent Bar followed by a nice rally. Up move has offered few more entry points where aggressive traders could add to the position. EURGBP toke the distance of +65 points on one breath. Signals are coming one ofter another under a strong Momentum and Acceleration.

At the moment there are two open long positions and another two pending if market moves up.

On Daily chart though we have two Bearish DBars that show us possible end of the trend. The angle is acute and even if the up move keeps going up the lack of Momentum and Acceleration will end the trend if no other circumstances appear. So the Stop Loss is tighten and armed with patience we'll wait to see what the market will decide

EURCHF - to continue or not?

2007-05-16T14:24:00.000+02:00

EURCHF seems to break double top...

Starting up move direction on 11 May with a Divergent Bar, there was a nice rally offering few entry points and good profit (Lower green lines labeled 1-4).

After the deeper than expected (and desired) reaction there was another series of entry opportunities (green lines above Stop loss line labeled 1-5). Nevertheless distance is shorter than previous one - profit opportunity exists and the break of the top could make it bigger.

On the daily chart is clearly visible Bulish fractal break.

Here (daily) momentum is considerably slowing but acceleration is on. If latter continues we could see another rally. Next session will show the way.

GBPUSD Divergent Bar trade

2007-05-16T11:59:00.000+02:00

This is a trade that was fired after yesterday GBP news - surprisingly for me, but fortunately profitable ;-) .

Bullish Divergent Bar was followed by a strong rally and side move ended into Bearish Divergent Bar.

These to many moves in opposite direction (result fractals are seen scattered around) make me to close the trade and to lock the profit.

For the moment there is a short term sell and a long term buy signals so appropriate stop order should be placed around to catch the move (if any).

On the daily chart is visible the possible break point if up move continue and an possible entry point is marked with a Bullish Fractal.

We'll see what the market has in mind next sessions...

EURJPY Divergent Bar trade

2007-05-15T22:15:00.000+02:00

At the end of today US session EURJPY issued a close signal in form of a Bearish Divergent Bar.

This Dbar was the point of a profitable trade started by another Dbar - in this case Bullish, formed on 11 May.

The beginning of the trade was preceding by a loss trade, fired by taking a Bearish Fractal. During the strong Bull attack Stop Loss has been taken and a reversed Buy stop order has been fired.

Green lined (1-4) show the adding orders as follow: Entry
#1 - 1 lot at 161.75
#2 - 5 lots at 162.80
#3 - 3 lots at 163.20
#4 - 2 lots at 163.26

Stop loss fired at 163.45

Besides the Bearish Divergent Bar exit is supported by Double Tops formation on daily chart. There is seen there also a Bullish Fractal so a Buy Stop Order is placed above it and a Sell Stop order below the Dbar on 4 hours chart.

This way the profit so far is locked and the door for a new move is opened...

EURGBP Bullish Divergent Bar sample

2007-05-14T16:04:00.000+02:00

These days EURGBP formed a very clear Bullish Divergent Bar sample on 4 hours chart.

We have three Bullish Divergent Bars; Middle one closed quickly; lately followed by the first (most left) one. Nevertheless these loses another DBar has been formed few sessions later giving us another entry point.

Because for the fast rally after entry point on last DBar (green line #1) two more Buy Stop orders have been placed on the previous DBars (line #2).

There was a critical moment after these order has been added because market turned down forming a bullish fractal fortunately followed by a bearish one.

Another 5 lots Buy stop order has been hit when bullish fractal has been taken (line #3). This coincide with the 3rd green AO bar supported by great acceleration.

Adding was stopped for we currently have 5 consecutive green AO bars. That means that if no other fresh signal appears, market probably gets near to the top and a sideway or direction change will occur.

This is why the stoploss is tighten just below the Low of the last bar.

EURAUD H4 setup

2007-05-14T13:12:00.000+02:00

We have a posible setup forming these few hours on EURAUD 4 hours chart.

From May 11 we have small range move while market hesitates where to go. AC rotates around the zero line.

This breath gives us time to analyze situation and to decide what to to next.

There are two bullish divergent bars and two bearish down fractals formed during last few sessions.

AO was red below Dbars and now shows 3 green bars which signals for a moment to add to the trade.

On the other had we must be prepared for a turn down and some continuation of the previous direction (down).

On the daily chart we could see currently forming Double Bottoms backed up by strong acceleration and momentum crossing below the Zero line.

On the weekly chart we could clearly see the debate between Bulls and Bears around 61.8% level.

Bears had four unsuccessful attempt to break the support, but Bulls had pushed them out. As a result both Momentum (AO) and Acceleration (AC) have turned into Green Zone.

Divergent Bar Sample on EURUSD 4 hours chart

2007-05-14T10:19:00.000+02:00

Here is an sample of Divergent Bar recently formed on 4 hours chart of EURCHF.

On 8th and 9th May we see two consecutive Dbars. Last one (9th) was triggered first and almost immediately was stopped (on the next bar).

The up move triggered the 1st DBar. Sideway move formed a down fractal and a little later another up fractal taking away Divergent bars stop loss.

Both up fractals are not triggered still.

Down fractal was taken giving us a profit of about 75 pips. This new down move was ending in another couple of Divergent bars forming more acute angle and almost immediately triggered. These Dbars were supported by AO generating 3 consecutive green bars - a signal for adding to the trade.

GBPAUD - Divergent Bar on 4 hour chart

2007-05-11T22:11:00.000+02:00

Promising though (look here, here, here and here) GBPAUD is hesitating where to go.

Nevertheless it was profitable, last Bullish Divergent Bar quickly kick us out of the market.

For compensation we'd got another setup promising to be stronger (this is just a hope).

So fast as market consolidated up to 78.6 level was down retracement ending in Double Bottoms and a new Bullish Divergent Bar.

This new DBar is supported by:

red AO bars;
very little accelerations in opposite directions and;
an acute angle toward red line (Alligator's teeth).

Additional support it gets from the Daily Chart where again we see a Double Bottoms (not fully completed yet) formed after testing 50% up level.

There is no momentum at all though we see acceleration in down direction.

From here on, most probable is, market to move up or down rather than to move side-away (this is just one possible point of view).

GBPUSD

2007-05-11T19:52:00.000+02:00

After breaking Head & Shoulders formations few days ago, GBPUSD seems to form a Bullish Divergent bar setup on 4 hours chart at the end of today USD trading session.

Four attempts to break 1.9750 level ware made in vain and they result in forming two Bullish DBars. The setup seems to have a good angle while AO shows red bars. Last two bars are green, so we'll wait for the 3rd green bar to add to the Dbar entry order.

Even if price does not break upper channel (about 2.00 level), there is a good potential for profit.

On Daily chart consolidation channel is clearly seen:

Acceleration down is slowing; momentum is around Zero line. Alligator is closing.

Down move has touched 38.2% Fibo level. It seems like a Wave 4. If Dbar continues up this could be labeld b-c wave.

Nevertheless now it seems reasonable perhaps, we have always take in mind that market will decide where to go and we must be prepared for any direction (including sideway ;)

GBPAUD

2007-05-11T08:41:00.000+02:00

GBPAUD was king enough to hit the guessed target

Now the question is will 2.38 level be broken or an up move will start?

GBPAUD

2007-05-10T22:46:00.000+02:00

GBPAUD shows us today a great educational example and a ground to test our analytical skills ;-)

I do not believe that the average human been is capable to predict anything in the future but using some of the common tools we could create an interesting point of view (of course not the only one possible...)

So here is the fresh chart:

Colorful, isn't it?

The tools I've used are Fibonacci Retracement & Expansion added to the chaos usual tools. There are two retracement start points available: First from the beginning of down move (red lines) - the two divergent bars at the top of the chart; and from the last up fractal (magenta line).

Expansion is light blue line with 61 and 100 levels.

If the up move continues (seems to be most likely: market has to rest from this deep diving) the possible target will be 78 level from 2nd retracement to 61 level of 1st retracment. Support for such idea gives us the touch of 100 level of expansion.

We have double bottom formed on Daily chart. This also support the up move point of view because before to break this level (if at all it does it) it will need some acceleration from an upper level.

We'll see...

GBPAUD Daily chart

2007-05-10T17:08:00.000+02:00

Continuing observation of this move I've to notice that on daily chart price is forming double bottom (no yet finished).

There is probability this down move to break down the lowest fractal formed about 20 days ago forming the 5th (if counting is correct) Elliot wave.

Depends how strong the support around 2.38 level will be.

If break occurs another move down could be expected as seen on the monthly chart below:

Nice Divergent Bar example

2007-05-10T15:58:00.000+02:00

Here is the 4 hours chart of GBPAUD from today:

There are two clear Dbar setup visible on the chart. Both produced nice profit in the up trend. Second closed the up trend. The diving after second divergent bar was so fast and deep offering an exellent profit opportunity even if the first DBar was missed in the middle of the trend.

Additionally price was king enough to offer few places for adding more orders to the trade

Divergent Bar on GBPJPY 4 hour chart

2007-05-09T12:59:00.000+02:00

After drifting few days GBPJPY formed a Bulish DBar on 4 hours chart.

There are

a nice angle between the price and red alligator's line;
Momentum was still down on that bar;
Acceleration however was slowing decline and turned into up direction;
Price failed to break down the channel's bottom;

Because the move is too steep and fast stop loss might be tighten, but this depends on the style of trading everyone has.

While GBPUSD consolidates on Daily TimeFrame

2007-05-09T07:50:00.000+02:00

There are few opportunity to take some profit until GBPUSD is consolidating on Daily base after the long trend (started Mar 5th). Taking in mind that move up could continue we could benefit from the side away movement using a lower time frame.

Let's take 4 hour chart as a sample:

Here is the end of the same channel visible on the daily chart.

We could find two Head and Shoulders formations close one after another. Each one has few Divergent Bars .

First is on Apr 27 just below the left Head. This DBar is taken fast and a rally of a bit less than 100 pips follows immediately. The Buy Stop order should be placed on 1.9934, just above the High of the bar. Trailing stop will kick up out somewhere above 2.00.

The next Dbar is again below the head offering another opportunity to collect some profit during the move from 1.9885 to 1.9970 (about 80 pips)

We have to take in mind the upper time frame - where there is probability of up continuation move on the channel break.