GBPUSD 18 November 2010 MT3 07:30 SHORT

Trade setup new high Weekly & Daily level 07:30

Trade entry close below candle setup low

Orders sell market 15937

Sell stop 15952

Target 15853 yesterdays low

Trade exit stop hit

PNL 30 PIPS PROFIT(Correction 26 pips due to slippage)

Daily chart shows daily level 15948 yesterdays high

240 min shows weekly level last weeks low 15950

Renko shows setup & entry

FXMAXMAX bounce on 10 min

FXMAX LONG bounce on 240 min

0% Fib level weekly on daily chart

240 min FXMAXMAX IS flat

GBPUSD 10 November 2010 Long trade 08:00

THE TRADE I WOULD LIKED TO OF TAKEN

Trade setup, New low, Daily level

Trade entry, close above setup candle high

Order, Market buy at 1.5970

Stop, Sell stop 1.5955

Target, 1.6090

Trade exit, 1.6090

Intraday HTF Chart

60 min shows Daily level

10 min shows setup

Renko shows Entry

240 min FXMAXMAX shows slight long trend

GBPUSD 15 November 2010 BE long trade weekly high

Trade setup, new low, Weekly level, 08:30

Trade entry, close above setup candle high

Order, Market Buy 1.6046

Stop, 1.6032

Target, 1.6120 below todays open

Trade exit, Trailed stop @ BE

PNL 0 Pips

Intraday HTF Chart

240 min shows weekly level

10 min shows  Setup

Renko shows entry

240 min shows FXMAXMAX trend slightly long

GBPUSD 3 November 2010 MT3 SHORT

Trade setup New high

+ MT3

+ 88% Fib on daily 16050

+ 16050 whole number

+ 08:00 4 hour bar Timing

Trade entry 16041 Renko 08:00

Order Sell bid

Stop 16055

Target 15970

Trade exit  issue placing stop and warnings exited trade immediateley

PNL 5 Pips loss

GBPUSD 28 October 2010 MT3 Setup 41 pip Profit

Trade setup New high MT3
Trade entry Renko 15820 Sell ask 07:40
Stop 15833 15 pips
Target 15775 todays open
Trade exit Target hit

 PNL 41PIPS Profit

Trade setup MT3
+ 15829 monthly low Jan 10
+ Previous daily low 07 October 10
+ Timing 30 min bar + 10 mins

GBPUSD 22 October 2010 MT3 Entry on Renko 15 pip loss

Trade entry 15693 08:37 Buy ask
Stop 15678 15 pips 7 below level

Target 15745 below todays high 67 pips 4 to 1
Trade entry MT3 on Renko
+ 61% Fib on weekly 15685
+ 2 previous daily low 15680
+ Support on yesterdays low 15685
+ Support on FXMAX Turbo on 30 min
+ Current day ATR 65, HT ATR 157
Trade exit Stop hit
PNL 15 PIP LOSS

GBPUSD 18 October 2010 MT3 Setup 42 pips profit

Trade entry 15844 09:07 Buy ask
Stop 15832 12 pips
Target 15920 todays open
MT3 setup & entry on renko
15837 monthly low
15848 weekly high,
15850 Daily fib 88%
ATR 166
Trade exit, close trade, Top of trend channel on 987 chart
Whole No 15900
Fib level dynamic current day 38% 10 min
PNL 42 Pips profit

GBPUSD15 October 2010 MT3 Setup Renko 15 pip loss

Trade entry 156055 on Renko 08:49 Sell bid
Stop 15 pips 16070 5 pips above yesterdays high
Target 15926 above yesterdays low  15922 2 week high
Trade setup & entry on renko
Entry 10 pips below yesterdays high as resistance
Friday sell off

PNL 15 Pip loss

Aftterthoughts-At trade entry resistance had not been tested, no sign of weakness

i entered this trade based on an untested level, keen to maintain stop above level,

 within my money management rules 15 pips max, further confirmation of weakness was needed

The trade i should of taken
Trade entry 09:10 16052
Stop 16067 15 pips 1 pip above the high
Within my Money management rules 2.5%
Target 15911 above the open
Trade Setup & entry MT3 Signal
Stop size Within Money management rules, max 15 pips
Resistance at new high 16066 9 month previous high
ATR at 165 over 100%
Woodies in divergance on 30 & 10

GBPUSD 14 October 2010 MT3 Setup 15 pip loss

Trade entry 16017 08:00 MT3 Setup  Sell bid
Stop 16032 15 pips
Target 15920 above todays open
ATR 100% 145
Woodies cci on 10 min from extreme
Broke above R1 on daily
Outside of bollinger on 240 min
Trade exit stop hit
PNL 15 PIP LOSS

GBPUSD 13 October 2010 MT3 Setup 2 losses

2 Trades MT3 Setups, both against the intermediate trend,

both below 75% ATR

Blue elipses 1=Setup2=Entry3=Exit

Trade 1- Trade entry 15831 Sell bid 07:10

Stop 15841 10 pips

Target 15780

MT3 Setup & entry

Entry candle close below structure low

Woodies in divergance

Failure to close above 15842 weekly high

Trade exit stop hit

PNL N10 PIP LOSS

Trade 2 - Trade entry 15857 08:20 Sell bid

Stop 15869 12 pips

Target 15817

MT3 Setup

Close above then below magenta on 10 min

Woodies from extreme

PNL 12 PIP LOSS

AFTER THOUGHTS

Market continued to trend, did not find a strong level of resistance,

ATR was not reached

Not enough contributing factors to take trade,

wait for strong levels/price/time/ATR/Pivots/Fib levels to line up

Trade 1, Trade entry 15806 07:00 Buy market
Stop 15796 10 pips
Target 15840 below todays high
PNL 10 pip loss
MT3 Setup & entry, new low on the hour
Doji present, break out of trend line
Support 15800 whole number but not strong support

Trade 2, Trade entry 15792 07:25 Buy market
Stop 15782 10 pips
Target15840 below todays high
MT3 SETUP & ENTRY
Got in early for a tight stop
Support 533 ma on 10 min,yesterdays low,
Woodies cci on 30 min from extreme with fast turned above slow
Close trade 07:50 off to work
PNL 3 PIPS Profit

GBPUSD 23 September 2010 MT3 Setup trending day

2 Trade Setup & entries MT3

This was a trending day, settings in MT3 were not adjusted accordingly, allowing multiple entries before price went above 75% of ATR,

Trades were placed with levels, time & price taken into account,

The Resistance level was 15722,

I stuck to my system, good trading, good learning

GBPUSD 21 September 2010 MT3 Setup long

---

Trade entry 15516 08:40

Stop 15500 16 pips

Target 15555 61.8% Dynamic Fib level, 5 pips below previous higher low 03:40

Trade setup MT3, Woodies cci from extreme & with divergance,

Support level 15500, BE at 20 pips,

Target hit PNL 39 pips profit

GBPUSD 17 September 2010 MT3 Setup 65 pip profit

---

Trade entry 15716

Stop 15729

Target 15605

Today is Friday, following 4 consecutive bullish trending days, expecting a Friday sell off of positions,

Trade setup MT3 New high

Level of resistance 15720 August weekly high multiple failures to close above

At top of daily range, ATR exhausted,09:00 setup on the hour, woodies cci in divergance,

Trade exit 15650, trend line break, Open line rejection became support

PNL 65 PIP PROFIT

GBPUSD 160910 14:00 Buy FXMAX Long MA Trend Line Rejection

---

14:00 New York open

Trade entry 14:00 15581, Stop 15571 10 pips, Target 15628 below todays open, Trade exit stop hit 15599

Divergance on woodies fast on 10 min from extreme, Support at 15572 on lower rangebound channel,

With short term trend confirmed with upward trending MA's on LTF charts,

BE 20 Pips up, move stop 18 pips profit when 38 pips up, PNL 18 Pips profit

GBPUSD 160910 MT3 MicroTrends NinjaTrader Indicator Signal

  

MT3 Trade setup, got in early before trade entry signal, using levels of support, high of 2 days previous & MA on 30 min, BE at 20 pips, MFE 25 pips, moved stop to support on prexious trend channel line upper to lock some profit in as market is becoming rangebound, stop hit PNL 9 pip profit

---