Thread: Cycle Trading System Journal

http://www.myfxbook.com/members/roll...an/wgann/41951

2010-08-04
Short order of 3,000,000 closed at 85.49. Profit $28,284. Total profit now $52,099 roughly 52.10% of total funding in under 2 weeks.

The market may go down further but given the important reports that are due this week there could be wide fluctuations of price, which I do not want to get involved in.

Nevertheless, in the event the ADP NFP and PMI numbers today are bullish, I might reevaluate a brief at around 86, which will be 25% level between the 88 upper and 85 bottom, thus an significant resistance.

2010-08-04
Short order implemented 1,000,000 USDJPY in 86.10, S/L 87.10, T/P 84.50.

2010-08-05
Lower S/L on whole 1,000,000 lot to 86.85.

2010-08-05
Short order closed at 86.09. Profit $117. Time is about to perish to get this pair, provided the 2 important reports ahead I do not want to accept any risks. Trade, do not gamble.

2010-08-07
Extended order placed 2,500,000 USDJPY in 86.45, S/L 84.00, T/P 87.90.

As predicted trend has turned. Get ready to go and ride the bull.

Such as the saying goes, reality is stranger than fiction. The majority prefers theories and systems which make sense to them and dismisses the truth which sounds absurd, it is a process of getting confirmation and approval from other people that are wired the exact same way, rather than searching for the greatest reason for the market ramifiions. Maybe this is the reason why 95% traders fail.

Meat on the chopping board.

Originally Posted by ;

As predicted previously, trend has turned. Get ready to go and ride the bull.

Such as the saying goes, fact is stranger than fiction.

Meat on the chopping board.

What would be the facts u used ?

Originally Posted by ;

what would be the details u used ?

I believe from the stars, I believe in astrology, and I have figured out my destiny. The Bible makes it plain that the celebrities don't rule.

-- The Tunnel Through The Air

2010-08-10
Extended order executed 2,500,000 USDJPY at 85.93, S/L 84.00, T/P 87.90.

Astronomy is fact

Astrology is belief

Bible is Religion