| |||||||
A squeeze box trade opened up yesterday and I just closed the last of it. Short 1 (200 units) GBPJPY @ 5726 Stop @ 5849 (-123 pips) Target @ 5603 (+123 pips) Confidence level: 6/10 As soon as I put the trade on, price moved swiftly away from the box, then stalled. I was up [...] Squeeze Box Trade First Position: Long 1 (100) GBPJPY @ 4910 Stop @ 4748 (-162) Target @ 5140 (+230) Second Postion added looking for a bounce off the 4800 level: Long 1 (100) GBPJPY @ 4813 Stop @ 4760 (-53) Target @ 5140 (+327) Click above for larger image Stopped out on both positions [...] Just one trade this week so this is my weekly review/trade review. Trading still not going so well so I’m taking it easy. Short 1 (200) CADJPY @ 7164 Stop @ 7243 (-79) Target @ 7005 (+159) This was a squeeze box entry. Some notes on the trade: Looks like a good downward triangle on [...] Short 1 (200) EURCHF @ 4905 Stop @ 5015 (-110) Target @ 4780 (+125) Squeeze box trade. Nice bounce off the bottom of the box, what I like to see! Click above for larger image Approximately 1:1 risk reward so not a huge trade but worth taking. I really like the fact that Oanda [...] This was another squeeze box trade. It took a little while for this trade to come to fruition but it was worth the wait. Short 1 (200) @8300 Stop @ 8427 (-127) Target @ 8150 (+150) Click above for larger image What gave me confidence to stay in this trade was the fact that [...] I tried something a little different this time. A squeeze box formed as the 200 EMA and the 62 EMA started to come together. This time, I dropped down to the 5 minute chart and drew another squeeze box. I then took the breakout of that box as my entry signal. Short 1 (500) @ [...] I had to sit on this one for awhile but it just goes to show that it pays off to wait for the market to do it’s thing. As long as the stop isn’t hit, or something fundamental doesn’t change dramatically, then you just have to stay in. Long 1 (200 units) AUDUSD @ 6943 [...] Long 1 (100 units) EURUSD @ 4244 Stop @ 3997 (-247) Limit @ 5266 (+1022) Squeeze Box Breakout. As you can see, [...] Long AUDUSD @ 6943 Stop @ 6840 Limit @ 7044 Click above for larger image A small 100 unit lot of EURUSD @ 4244, Stop @3997, Limit @ 5266 to take profit if the market makes a large move in my favor. The setup was a squeeze box. Click above to see larger image [...] |
  | ||||||
Privacy Policy | Disclosures | Photos | Archives | Sitemap Copyright © 2007 to 2012 GreenRoom Investments LLC | Web Hosting by HostGator | |||||||
Twitter
Facebook
Google+
LinkedIn
RSS Updates