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.

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

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 ;-)

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.

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...

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

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

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

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

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.