Trade of the Day

Red Line = Stop Loss

Black Line = Entry Point

2nd Red Line = Stop Profit

Green Line = Trade Closed

From the chart, all indicators shown signs to enter a short trade. Furthermore, looking at the black arrows drawn, we can see a divergence formed. It seems as though the bull trend had hit its limit, after the run from the past 2 days. 

Update (17:43) : The trend had turned bullish suddenly, it almost hit my stop loss!! What a close call, the news event at 17:30 knocked the bull out. Will the trend continue to be bearish?? Or the bull shall stand once again??

Update (20:40) : Closed half of my trade. 

Update (22:15) : Hit stop profit. 

Trade of the Day

Blue Line = Take Profit (rate = 1.4700)

Green Line = Trade Closed

Black Line = Entry Point

Red Line = Stop Loss

From the chart, we can see that the opening of London market seem to push the trend of GU in the opposite direction drove by the Tokyo and Sydney market. 

Entry was made when the setup was seen, based from the various indicators. I would not take trend from last week into consideration though, based on 15M chart. 

Update (22:44) : Shifted stoploss to break-even

Update (00:28) : Trade closed at 1.46685

2nd Trade of the Day

Green Line = Trade Closed

Black Line = Entry Point

Red Line = Stop Loss

As from the chart, we can see the wave pattern formed. The indicators show signal of long entry, and the trend had been bullish for the past few hours. 

Update (01:11) : Trade closed at price 1.5002

Trade of the Day

2nd Red Line = Stop Profit

Black Line = Entry Point

Red Line = Stop Loss

Entered Long during London time based on the following signs: The general trend was bullish, wave pattern, LL-H-HL was formed, and CCI turns from red to blue again. 

My stoploss was set few pips below the wave point of higher-low, and take profit was set at R3 price level, which is not being shown in the 15M chart. 

Update: Hit Stop Profit that was set when the price exceeds M5 price level.