CADJPY - 1H - Shark

Feb 28, 2016

I just sold CADJPY based of this Shark completion with a 1.618 and 1.13 fib confluence right at the mirrored trendline. stops are at 127 extentions. we had a good confirmation of this area as a PRZ after having this big bear candle after the open.
i will go for a quick 1:1 retesting recent zone of interest(resistance) and then hope for a bigger move down on the rest.
not sure yet what to do with target one, but i did a 3 target position just in case i need a target 3.

Feb 29, 2016

Note

TG1 hit, stops to breakeven. im also lookin at his addon currently

Feb 29, 2016

Trade active

addon active. lets hope for some nice followthorugh to the downside.

Feb 29, 2016

Note

stops to breakeven for the addon as well

Feb 29, 2016

Note

stops did hold, because i gave them just a little bit more room as breakeven(based on structure) and now we ranging not knowing where to go, due to this (stupid) newsevent that somehow affected cadjpy tho it was eur news.
however. if we can break the lows b4 the spike up i think the market will continue in the original direction, and since my stops of the last addon are(finally) funny breakeven now, i will be looking to add another addon below the newsspike candle (if we get there)

Feb 29, 2016

Note

first addon stopped out for breakeven. the orders for the second are still in tho. which is fine, currently i dont reanny wanna be short there because price is all over the place after the news, but if we can find another good breakout signal to short then i will start another attempt

Feb 29, 2016

Note

a more clean flag has formed, orders are still in, to catch more downside

Feb 29, 2016

Note

TG1 for my second addon hit. stops to breakeven. stops of original short at 83.75

Mar 1, 2016

Trade closed: stop reached

rest taken out with small profits. all flat here