Thread: The Moneybags journal

Originally Posted by ;

Certainly Mike.
Stop in some time and share some wisdom.
You have VIP status in any of my threads.

VIP, that better mean women and bottle service

Originally Posted by ;

VIP, that better mean girls and bottle service

LOL.
You know it.
Anything for you guy.

Originally Posted by ;

Here's a trade I took yesterday.
I moved after the rest of that 4H Pin bar.
It had been off a current trendline in addition to a PPZ I had in my charts.

Obtained stopped out from this one a little further down from those two 4H pubs.
I gave it a little more space but obviously not enough cuz it melts pretty far.
But I follow a rather mechanical exit egy with most of my own 4H trades. I use a trailing stop at which I trail the non (when long) and large (when short) of the previous 1, two or three bars depending on how price is moving. I'm sure a lot of you (particularly the J16 PF members) know what I'm talkin about.

Nothing else to report. I'm watching a few things.

Tom

Took this 4H pin bar last night.
Great looking BUY pin the trendline.
Pair needed a decent uptrend so took this swing low pin.
There was also some fib around there.
Obviously it failed.

I am also keeping on eye on this. (as I am sure many others are)
It's stuck between a bit of a PPZ and resistance. Something's gotta give.

Tom

Originally Posted by ;

I am also keeping tabs on this. (as I am sure many others are)
It's stuck between a bit of a PPZ and resistance. Something's gotta give.

Tom

This somewhat broke up but I didn't take the trade. That is good because it moved back into the consolidation area. I am still keeping an eye on it.

Havent posted in some time. Got a new computer and needed to take care of all that. (pain in the buttocks to move All of the stuff in the old and set up the new one)

I am still watching this too.
It had a brief breakout upwards, but did not give confirmation and fell back into the channel.

Originally Posted by ;

I am still watching this as well.
It had a short breakout upward, but did not give confirmation and dropped into the station.

Hey Tom!
I am short on this one. From this daily PB. I had been waiting the ideal eye would break the station and restart the downtend, but it did not. I expect we finally see the rest of the channeldown, or I'll just close the place.

Cheers!

Fabian!

Originally Posted by ;

Hey Tom!
I am short on this one. From this daily PB. I was waiting the right eye would break the channel and restart the downtend, but it didn't. I hope we finally understand the rest of the channeldown, or I will simply close the position.

Cheers!

Fabian!

Hey Fabian,

Hopefully that snare was a sign that the channel will be broken to the other hand and the total downtrend will last.
If the channel does break I will be looking to go short. Let's see what happens.

Tom

Not much to report.
I have not been paying as much attention to the thread and the market in general. My spouse and I are expecting a little one daily now so that's been taking up my time as you can imagine.

AUDNZD breakout occurred but was real sloppy. Price jumped up. I remained away and will stay away. That pair is challenging to manage occasionally.

USDJPY obviously broke down too, so that was good for some pips.
Today it has jumped back up.

Tom