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

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.

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

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.

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

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

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

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

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.

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

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 ;-)

EURAUD H4 setup

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.

GBPAUD - Divergent Bar on 4 hour chart

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

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 ;)