I've decided that I'll (try) to share majority of my daily journal post. It should include trades taken, analysis, trading ideas and some tips and ideas. So do checkout regularly to learn how we trade AIMS Stress Free Trading - The Setup and other strategies. [FREE]
So today we saw some plays on #eur/usd # usd/jpy and #usd/chf. We also saw some plays on Gold, GBP/CAD and GBP/JPY but won't talk about those for now.
Below is my trade on USD/JPY. I took it on the hourly time frame looking for the Wave 5 up. As aimster you are taught that we are all interested in the 5th. We always work our way towards TZ1. 80% of 5th's do end up touching or going past TZ1.
[TZ1 and 5th are our trading tools. You can learn more about it in the members section. ]
I'll just copy and paste from our AIMS Skype Live Trading Room.
"so on UJ i took a 20 pips SL on the first trade and closed out at -1R. but went back in , this time at the close of the bar mentioned above with a 15 pips sl and grabbed another 30 pips that's 2R. Meanwhile went with 15 SL on EU and grabbed 25, exited slightly earlier than TP."
So today we saw some plays on #eur/usd # usd/jpy and #usd/chf. We also saw some plays on Gold, GBP/CAD and GBP/JPY but won't talk about those for now.
Below is my trade on USD/JPY. I took it on the hourly time frame looking for the Wave 5 up. As aimster you are taught that we are all interested in the 5th. We always work our way towards TZ1. 80% of 5th's do end up touching or going past TZ1.
[TZ1 and 5th are our trading tools. You can learn more about it in the members section. ]
I'll just copy and paste from our AIMS Skype Live Trading Room.
"so on UJ i took a 20 pips SL on the first trade and closed out at -1R. but went back in , this time at the close of the bar mentioned above with a 15 pips sl and grabbed another 30 pips that's 2R. Meanwhile went with 15 SL on EU and grabbed 25, exited slightly earlier than TP."
USD/CHF Trade Here we show you how to trade the Fruit Signal |