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

The Forex Market Chart

There are different chart formats and these can be available, provided by your brokers. These are

• Line chart,
• Bar chart, and 
• Candlestick chart. 

Out of the 3 charts, Candlestick chart is widely used throughout the world. 

Normally these charts would at least (or only, for line chart) show the closing price of the currency pair you are trading. However your broker's platform might enable you to view the chart based on other factors, such as the opening price, average price, and etc.

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

Entered Long in Eur/Usd. 

This is a risk trade, as it is a counter-trend trade. My stoploss would be set tight, and constant monitoring on the market is required. 

Updaate (19:11) : Break-even hit.

Counter-Trend Trade of the Day

Red Line = Stop Loss

Black Line = Entry Point

2nd Red Line = Stop Profit

Green Lines = Closing of Trade 

I consider this trade as a counter-trend trade, as the general trend for yesterday market was bullish, and SHI was showing upwards at the time of entry. (Not shown in this chart)

This trade entered was kind of impulsive, as 1 of the indicators, the CCI did not show signal to short (Look at the black square drawn). However I decided to make the entry based on the other signals, the wave pattern, and QQE. 

But most importantly, there was a negative divergence (Look at the black arrows drawn) seen on the chart before the Tokyo market opens. These signals give me an idea that the market trend throughout the day is likely to be bullish, thus the entry I made after a red candle formed below the EMA bands. 

Update (20:54) : Closed half of the trade at 131.50

Update (00:18) : Maunally closed the trade at 131.62, London market had closed an hour ago, and time to rest for the day.