Thread: AJs new attempt to become profitable!

Guasap?!

Sorry that I have been around with this week as promised, but I have been busy with the end of the semestr (I research technology ) and together with my own thesis project.

On a demonion, I place three pending orders now in EURUSD, USDCAD and USDJPY; tomorrow I will try to place more detail .

Take care!

Originally Posted by ;

Hello

This year we'll continue with this jornal, Keep around and see how we'll make more and more pips.

New ideas and improved PA understanding. This year is the one to became consistente profitable.

Next Monday new charts will be with this jornal.

C u

Alfredo

That's appropriate, Alfredo! We are back with more understanding, experience and energies for your neeew decade! I need some more days to be officially back

Take care!

Hello!
These weeks I have been busy with university stuff and the presentation of this initial half of my thesis project, but from today, it seems that the final portion of the way towards graduation is milder. Let us see.

Considering the above sentiment becomes a reality, I'll post as long as the 24 hours of this day allow me. I shall follow, generally speaking, the same principles as Alfredo and that I published at the beginning of the thread (by November, 2009); also, in order that will assist you maintain healthy eyes (and mine, of course), I'm working to reveal cleanser charts this moment. Additionally, fewer transactions you may see, however with higher likelihood of success (I expect ). For the time being, I'll set pending orders on most of the entrances I signal in here, in order to learn how good they could be (which will depend, a lot, on the cash management egy I am still trying to work out).

Although I'll be outside my country for a few weeks (type of vaions)I believe I will become sometime to article charts.

And, to complete, allow me to inform you that on these last months, I have become more and more convinced of the idea: It is wonderful how sheer curiosity frequently survives formal eduion! (taken in the facebook of prazi86, lol)

EURGBP

Short 0.8765: 4H SBR (Support Becomes Resistance), fibo convergence (4H 0.61 and 1D 0.38) plus exactly what it seems a symmetric QM (both red TL seems to have the same inclination angle).



EURUSD

Short 1.3838: 1D SBR, fibo 61.

Extended 1.3435: 1D SR, ext. 161 from last up swing.

I believe that, in order to understand if some fibonacci amounts we've attracted in a specific swing is going to be respected, we have to see how price responded to preceding fibo amounts (ie, .23 and perhaps .38). When it bounced almost flawlessly, it's likely that the exact same will happen with the other fibo levels.

The only reasons I think the aforementioned observation may not get the job done, if when or we've unexpected/important news, or the sudden strenghthen of one of the currencies of this pair we are trading.

You may see a good example of what I mean in the very first paragraph, in the next article.

GBPUSD

Short 1.5865: 4H SBR 1D fibo .38 (fibo .23 was well respected)

Short 1.6090: 1D SBR 1D fibo .61 (fibo .23 was well respected)



About fibos: It can been see how price respected, the very first time it moved , the fibo retracement .23 (dark orange fibo).

The golden fibo lines would be the one drawn from Jan 2009 low to continue high. As you may see, very first time price touched .23 and .38, it honored them really well. That's why I hope it to respect the SR around .50 retracement, if it proceeds the downtrend (which it will probably do).

Hope this new effort to become profitable provides you with the success you want and deserve for all the hard work.

Best of luck to the Two of You!

First of all: Thanks Costin, I wish the exact same to you! We'll talk in skype.

AUDUSD

Though I've seen how I've lost two precious trades on AUDUSD on these days, today I ched among these in fraganti, and I've yet another projected.

Short 0.8940: Important 1D S/R fibo 50 (from last down swing)

Short 9028: 4H S/R fibo convergence (fibo .61 from last down swing Weekly .23 fibo)

Extended 0.8770: 4H S/R fibo convergence ( fibo .23 from last down swing Weekly .38 fibo fibo .50 IF current high is your high with this particular draw)

AUDUSD

Extended 0.8790: 4H SR Powerful (touched by either side, quite obviously, many times) fibo 61 nearby

Short 0.9140: 1D SR BB fibo 78



GBPUSD (upgrade )

Short 1.5820: 1D SR fibo 61 nearby

Short 1.6060: 4H SR Powerful (touched very both sides quite obviously ) = fibo 61 nearby

EURCAD

Extended 1.4226: RBS 1D SR (touched in both sides) fibo convergence (fibo 50 of last up swing fibo 23)

Short 1.4554: 1D SR fibo 50