CADJPY 5-11 Nov 2007
4 hours chartCADJPY 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.
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