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...