Journal: The Bible, Chaos Theory & CCI - page 2
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You can also Access the same trades here
Platform = Fxpro
Account #: 1278161
Investor Password: d8mkque
Previous Day Pips = 0
------------------------------------------------------
Conditions for trading strategy for yesterday were not met.
market was dominated by whipsaws so I avoided it.
Today's Trading strategy: Our Daily and weekly strategy is to buy GBP/USD or else avoid markets all together.
Whipsaws are the order of the day befor this posting. See attached imaged.
The main fractals where disorderliness seems to be prevailing are circled in red ink in the image attached to this thread - There are disorderliness in almost all the branches or fractals of the network. They are all pointing down, which means there is a general agreed crowed behaviour of panic sell. The time to sell is not right. This indicates uncertainty in the minds of primary traders.
Suggestions: Stay with overall strategy.
1. Stay away from the market until CCI in fractal 1, 2, hits below -100% levels and price moved back to areas around 1.6304/6284 area.
If your instinct is still tells you that you should be buying now, this is ok, but make sure that your stop loss is below 1.6280
2. Warning: There are signs of panic sell in the market and may happened after London opened. Today is not a day to sell, If you want to take part in it , note that it is against our strategy. Also beware that you do not need to partake in disorderliness and reckless trading. This will only breed confusion and internal strife inside you on the direction of the market.
If you insist on taking part in selling anyway, make sure that you have stoploss in place and it should not be higher than 1.6404.
Do not hold the sell trade above that level, it will be too risky.
As for me I stick with my daily trade objective for today!
You can also Access the same trades here
Platform = Fxpro
Account #: 1278161
Investor Password: d8mkque
You can access same result from here
Previous Day Pips = 36
------------------------------------------------------
Today's Trading strategy: Our Daily and weekly strategy is to buy GBP/USD or else avoid markets all together.
Before market opens we have reckless and quick pushing up of price.
Suggestions: Stay with overall strategy.
1. Stay away from the market until CCI in fractal 1, 2, hits back below -100% levels and price moved back to areas around 1.6338/ or 6363
If your instinct still tells you that you should be buying now, this is ok, but make sure that your stop loss is below 1.6338
2. Warning: There maybe panic sell in the market and may happened after London opened. Today is not a day to sell, If you want to take part in it , note that it is against our strategy. Also beware that you do not need to partake in disorderliness and reckless trading. This will only breed confusion and internal strife inside you on the direction of the market.
If you insist on taking part in selling anyway, make sure that you have stoploss in place and it should not be higher than 1.64648.
Do not hold the sell trade above that level, it will be too risky to do that.
if you cannot buy GBP/USD look at other option like Crude oil, Eur/usd, gas, all are showing good behaviour for a buy at the moment.
Sorry for not post on Thursday/Friday
You can also Access the same trades results at:
Platform = Fxpro
Account #: 1278161
Investor Password: d8mkque
You can access same result from here
------------------------------------------------------
Today's Trading strategy: Our Daily and weekly strategy is to buy GBP/USD or else avoid markets all together.
Suggestions: Stay with overall strategy.
1. Stay away from the market until CCI in fractal 1, 2, 3 hits back below -100% levels and price moved back to areas around 1.63523/
If your instinct still tells you that you should be buying now, this is ok, but make sure that your stop loss is below 1.63493
2. Warning: There maybe panic sell in the market and may happened after London opened. Today is not a day to sell, If you want to take part in it , note that it is against our strategy. Also beware that you do not need to partake in disorderliness and reckless trading. This will only breed confusion and internal strife inside you on the direction of the market.
If you insist on taking part in selling anyway, make sure that you have stoploss in place and it should not be higher than 1.64770.
Do not hold the sell trade above that level, it will be too risky to do that.
if you cannot buy GBP/USD look at other option like Crude oil, Eur/usd, gas, all are showing good behaviour for a buy at the moment.
You can also Access the same trades results at:
Interested in performances?
Platform = Fxpro
Account #: 1278161
Investor Password: d8mkque
-------------------------
You can also auto trade the journal either on
demo or live account at:
The signal name to use is:
marketchaos.co.za
------------------------------------------------------
Today's Trading strategy: Our Daily and weekly strategy is to buy GBP/USD or else avoid markets all together.
Suggestions: Stay with overall strategy.
1. Stay away from the market until CCI in fractal 1, 2, 3 hits back below -100% levels and price moved back to areas around 1.63560
If your instinct still tells you that you should be buying now, this is ok, but make sure that your stop loss is below 1.63217
2. Warning: There maybe panic sell in the market and may happened after London opened. Today is not a day to sell, If you want to take part in it , note that it is against our strategy. Also beware that you do not need to partake in disorderliness and reckless trading. This will only breed confusion and internal strife inside you on the direction of the market.
If you insist on taking part in selling anyway, make sure that you have stoploss in place and it should not be higher than 1.64220.
Do not hold the sell trade above that level, it will be too risky to do that.
if you cannot buy GBP/USD look at other option like Crude oil, Eur/usd, gas, all are showing good behaviour for a buy at the moment.
Performance Check
Platform = Fxpro
Account #: 1278161
Investor Password: d8mkque
-------------------------
You can also auto trade the journal either on
demo or live account at:
The signal name to use is:
marketchaos.co.za
------------------------------------------------------
Today's Trading strategy: Our Daily and weekly strategy is to buy GBP/USD or else avoid markets all together, if we can resist it.
Suggestions: Stay with overall strategy.
1. Stay away from the market until CCI in fractal 1, 2, 3 hits back below -100% levels and price moved back to areas around 1.63957
If your instinct still tells you that you should be buying now, this is ok, but make sure that your stop loss is below 1.63957. Extreme case will be 1.63026
2. Warning: There maybe panic sell in the market and may happened after London opened. Today is not a day to sell, If you want to take part in it , note that it is against our strategy. Also beware that you do not need to partake in disorderliness and reckless trading. This will only breed confusion and internal strife inside you on the direction of the market.
If you insist on taking part in selling anyway, make sure that you have stoploss in place and it should not be higher than 1.64885
Do not hold the sell trade above that level, it will be too risky to do that.
if you cannot buy GBP/USD look at other option like Crude oil, Eur/usd, gas, all are showing good behaviour for a buy at the moment.
Performance Check
Platform = Fxpro
Account #: 1278161
Investor Password: d8mkque
-------------------------
You can also auto trade the journal either on
demo or live account at:
The signal name to use is:
marketchaos.co.za
------------------------------------------------------
Today's Trading strategy: Our Daily and weekly strategy is to buy GBP/USD or else avoid markets all together, if we can resist it.
Suggestions: Stay with overall strategy.
1. Stay away from the market until CCI in fractal 1, 2,hits back below -100% levels and price moved back to areas around 1.64660
If your instinct still tells you that you should be buying now, this is ok, but make sure that your stop loss is below 1.64610.
2. Warning: There maybe panic sell in the market and may happened after London opened. Today is not a day to sell, If you want to take part in it , note that it is against our strategy. Also beware that you do not need to partake in disorderliness and reckless trading. This will only breed confusion and internal strife inside you on the direction of the market.
If you insist on taking part in selling anyway, make sure that you have stoploss in place and it should not be higher than 1.65372
Do not hold the sell trade above that level, it will be too risky to do that.
Performance Check
Platform = Fxpro
Account #: 1278161
Investor Password: d8mkque
-------------------------
You can also auto trade the journal either on
demo or live account at:
The signal name to use is:
marketchaos.co.za
------------------------------------------------------
Today's Trading strategy: Our Strategy today is to SELL or else avoid markets all together, if we can resist it.
Stop level is at 1.66360
I am sorry there is no chart analysis append because I am running late.
Reality Check
1337 pips in three weeks!
Performance Check
Platform = Fxpro
Account #: 1278161
Investor Password: d8mkque
-------------------------
The signal name to use is:
marketchaos.co.za
Performance Check
Platform = Fxpro
Account #: 1278161
Investor Password: d8mkque
-------------------------
You can also auto trade the journal either on
demo or live account at:
The signal name to use is:
marketchaos.co.za
------------------------------------------------------
Today's Trading strategy: Our Daily and weekly strategy is to buy GBP/USD or else avoid markets all together, if we can resist it.
Suggestions: Stay with overall strategy.
1. Stay away from the market until CCI in fractal 1, 2, and 3 hits back below -100% levels. As at the time of typing, this is the condition fractal 1, and 2; the exception of fractal 3: Preferrable buying points is from 66150.
If your instinct still tells you that you should be buying now, this is ok, but make sure that your stop loss is below 1.66100.
2. Warning: There maybe further panic sell in the market and may happened after London opened. Today is not a day to sell, If you want to take part in it , note that it is against our strategy. Also beware that you do not need to partake in disorderliness and reckless trading. This will only breed confusion and internal strife inside you on the direction of the market.
If you insist on taking part in selling anyway, make sure that you have stoploss in place and it should not be higher than 1.66860
Do not hold the sell trade above that level, it will be too risky to do that.
Performance Check
Yesterday profits = 115pips
Platform = Fxpro
Account #: 1278161
Investor Password: d8mkque
-------------------------
You can also auto trade the journal either on
demo or live account at:
The signal name to use is:
marketchaos.co.za
------------------------------------------------------
Today's Trading strategy: Our Daily and weekly strategy is to buy GBP/USD or else avoid markets all together, if we can resist it.
Suggestions: Stay with overall strategy.
1. Stay away from the market until CCI in fractal 1, 2, and 3 hits back below -100% levels. As at the time of writing this report there is a high degree of whipsaws and disorderliness in all the fractals.
Possible buy entry position is at 67130
2. Warning: There maybe further panic sell in the market and may happened after London opened. Today is not a day to sell, If you want to take part in it , note that it is against our strategy. Also beware that you do not need to partake in disorderliness and reckless trading. This will only breed confusion and internal strife inside you on the direction of the market.
There is no analysis for selling since it is not part of my overall trading strategy
for this day.