Formedzeus

looks interesting

Long
Formedzeus Updated   
EIGHTCAP:GBPJPY   British Pound / Japanese Yen
i will enter 1 order as per post, but maybe 1 more, based on the candle patterns.
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seems really struggling to go down lower. i might just find a entry
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i still think UK wants to take out the lows on Japan, more liqudity there. going to stick close to the 15m and 1hr candles
Trade active:
there we go im in
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batck at entry, but the candle doesn't look too good for 15m, best watch 1hr close, if close under entry, best get out.
Trade closed: stop reached:
got slapped, but seems big drop incoming
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price dropped way way too low. even if we at bullish trend.
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maybe shortly there maybe a retest low, news up coming also looks good too.
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193.154 is last suppor ttill we go all the way back down 1hr.
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but honestly this 1hr candle look way too damn red.
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goign to stay out for now. looks way too messy, even with good news too in 30 mins
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i switched direction, went in abit heavy too. about 3R now.
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out 1hr, going to watch the news first. will still look to short till 192.582
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out all trade, 1 win, 3 lose, im down about 4R man, the longs wen ttoo heavy
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think what i could have done better, is if 15m close was under our entry, i should have closed it for 0.2 loss. instead i bought more margin, bad idea
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Uk took out japan definately already. going to watch, if news is good maybe i'll look for entry to long
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yep, thought so, Uk takes out japan then longs it back to previous top, but i won't long, want to see a break then retest then long.
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if cannot break 200 ema on xau, im scalping short.
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forgot to say, i cut the short, 0.4R loss, switched long as couldn't break 2315.19, entred on the 15m candle. long. sl quite near on 2x orders. im about 2.1R now on 2x orders.
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areas where im looking to sell, 2322.56, 2326 (trendline), and 2329.67.

if super pump till 2344
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longing this xau, if price holds, im still in it, maybe i add margin
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15m close, if looks like it holds, will add margin
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15m close under 2314.26 im closing
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closed 2.2R loss
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on a long swing on GJ, 193.562 entry, been 2 days now, looking good about 4R now. i might go today or soon.
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tp is 195.125 for the GJ trade
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sl at profit at 194.391
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Tp is 7.6R
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friday was good, only 1 trade, 3R profit, could have made more then double but im happy. we going to have bad news tonight, likely a pull on GJ to switch short/mid term direction down. likely xau going to pull back then pump too, based on news tmw, i might not trade today, but tmw. wed we also gotta be really careful, looks really messy

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