My analysis (last)

Possible  scenario next week..maybe

My position EURJPY

I'd trailing stop all my position @ below today low 128.00. Half of my position already put Take Profit (TP) at 130. The rest will closing manually. Ride until trend really change or the barrier 131. I didn't t like this pattern on current price. I'll prepare another turning point Bearish trend continuation on weekly chart if i'm smell something.

** Maybe I'll not provide turning point Bearish trend. As I'm state before, i'm only show my analysis for studying for someone who interested. TQ

### Update 11.32 p.m Already hit my trailing stop. RO 21%. End riding bull trend. I'm preparing another bearish continuation next week.

Current Position EURJPY 21th June 2013

Yesterday position already move to BE before sleep.

Not adding any position after this..Still looking the barrier..

My Analysis EURJPY 20th June 2013

Yesterday position succeed according to the plan. Already BE ++ and now adding new position still target the barrier around 131. A little bit risk position to entry here cause price already make move about 3/4 movement. So I'm adjusting the risk little bit small.

My Analysis 19th June 1013

As I'm expected, price reject yesterday "temporary barrier" and now I'm adding new buy position at 50% yesterday daily retracement.

My Analysis EURJPY 18hb June 2013

I'd entry manual..adding new position.Already (BE) break even point..Now I'm watching "temporary barrier" to see price break the barrier (closing price above the resistance"). If succeed, I'm holding this position. If not, i'll closing.

My Analysis 14 June 2013

My PO buy already triggered. Yesterday daily closing above the resistance that i mark. Let see how this thing going work.

Remark : Barrier 131 need to break.

My Analysis EURYPY 14 June 2013 12.00 a.m

Still not trigger my PO. It just make a new low again. Already change  SL, Position and Lot size. This time, I'm reducing the Risk 1% & 2% due to high volatility market.

I'll change my point view until market tell to certain "point" that I'm wrong.

My Analysis EURJPY 13 June 2013

My buy stop yesterday had been trigger and got stop out..I realized yesterday high is 50% retracement of Tuesday move. Although i can move to break even point, but i don't. Doesn't matter at all. Yesterday just a history and a lesson. Not hurt at all.

This morning i'd do some PO Buy. Here's the chart. 

But now i'd changed Lot size and Stop Loss (SL) due the price make new low.  Now more risk and reward due multiple position. But I had decrease the volume size. Please try this at home..jk

I'm sticking to my plan as yesterday analysis. The reason i make PO buy around there that I need to see price closing above the support (Double Bottom). I'm still see the chart just make a bubble/Distribution (testing supply) in current Intermediate Trend as Wyckoff noted that tops and bottoms were different. Market tops were often long draw out affairs, while market bottoms were relatively short violent beasts.

Let see how this gonna to work. Time will tell..

EURJPY 12 June 2013

My analysis EURJPY pair: I'm spotting G? might be turning point to major uptrend. But, there is a barrier around 131.xx need to break. If the barrier break, the target point around 133.xx. Im already make Pending Order (PO) Buy @ xxxx with SL xxxx ( with R:R 1:1 if barrier not break and R:R 1:2 if barrier break) with Risk 5% of equity.

Remark : In order to validate these turning point,G point must not break F point. These entry is breakout type middle turning point. Not the "real" bottom.

For information, this type entry is NOT the entry breakout like Turtles do. You can look what i mean "middle" @ http://stockcharts.com/help/doku.php?id=chart_school:market_analysis:wyckoff_market_analy


There is a way to take real bottom/top using combination of TF (timeframes), PA (price action), chart pattern and  spotting swing hi/lo when it started. But not at all time can use this type entry. Its depend on what market provide. All of these are the type of entry to take the top and the bottom.

And I'm not always show my analysis to public due some reason. There are some reason why I'm doing it today. Figure "what, why, how, when, where". Hope it will be valuable to someone. I think it is more easier to figure it out. I'd trough more pain to figure out what my idol "see when he looked at the chart", what trading system and etc he using by ONLY his speech nothing more.