350 pips

To remind myself on the HZ break out from one LQP to the next LQP.

This can be effectively used for GJ as per this morning scenario.

Targeted from 162.50 to reach 164.25, but fail to reach 163.75 thus a reversal.

The price close below 163.25 at 12pm (actual price at 163.107), thus a price shift downtrend towards 160.75 occurs. 

To remind myself on the timing 8am - 12noon scenario and the LQP HZ level

31/5 Progress to date

Based on how i traded today using Mugetsu style, the below is the update of progress. I only update 3 accounts though another 2 i put aside for the time being.

XM (micro account)

Balance - 15.54

Floating - (10.57)

Profit - 1.68 

Previous Balance at 13.86 (10.81%)

Margin present @ 319.00

Targeted profit per day @ 1.00

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Roboforex (cent account)

Balance - 2078.89

Floating - (121.20)

Profit - 112.98

Previous Balances - 1965.91 (5.4%)

Margin present @ 4395.00

Targeted profit per day @ 1.00

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Hotforex 

Balance - 38.71

Floating - (16.03)

Profit - 5.23

Previous Balance - 33.48 (13.51%)

Margin present @ 673.00

Targeted profit per day @ 2.50

GJ tuesday 31/5

Gj open candle as of 6am was at 162.672 which directyly indicates closure above LQP 162.50 and directly hint a buy upwards towards 165.00

Gj 8am candle however open at 162.181 but close at 162.579

Point to remember is if the price close above or below LQP as a mean to indicate the next path.
If however the price close above or below a HZ lvl, then a clear confirmation by 8am as to properly indicate the direction.

As in previous case the 6am candle open at 158.20, but 8am candle open above 158.25. When i follow the former for sell (though it`s within the HZ area), i was wrong as the price follow the latter bullish upwards.

Uj MOnday 30/5

Uj as of last friday close at 110.232, di atas 110.00. So secara amnya, price akan menuju ke arah 111.75 / 112.50

Always remember the average pips range per day.

GU MOnday 30/5

Gu as of last 26/5 only achieved highest at 1.47387 (lower than 1.4750) and close at 1.46695 (below 1.4675 HZ lvl) thus bearish all the way ke arah 1.45

Harini masih kekal mencari 1.45 in between 1.4575 / 1.4500. If break 1.45, then towards 1.4325.

AU Monday 30/5

Au as of today Monday dah close below HZ level of 0.7175 around 8am this morning. So in a sense, AU akan bergerak bearish ke arah 0.7075 / 0.7000 by this week but it all depends on the daily closing.

If confirmed kekal below 0.7175, then of course sell towards 0.7075 / 0.7000 / 0.6825

GJ Monday 30/5

Open : 160.990
High : 161.415
Low : 160.152
Close : 161.229

The price tries to reach or below 160 (to enter the new LQP) but only 160.152 as low, but closes at 161.229 which is above the HZ zone. So relatively the price bullish onwards until the usual next LQP  of 162.50

To which by Monday, i should have had enter instant buy towards 161.75 / 162.5 which i did not as i still failed to see the previous history.

And as before 4pm , the price hits high of 162.877 before closes below 162.192 which signals a bearish momentum back towards 160.00 / 160.75.

Let us see where it`ll goes.

EU updates - Thursday 26/5

EU as per previous monday, closed below 1.125 and on Tuesday below 1.1175 and above 1.1125

It stays within the LQP level of 1.10 - 1.1250, with HZ being at 1.1175.

Point to note

1. Monitoring the SQP lvl at H1 tf especially after 8.01am as to find the entry or direction of 25 pips to the next SQP lvl.

2. To based only on H1 opening of 8.01am of the day to determine the next course of action  as the 6.01am appears to be invalid when come to GJ case previously.


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EU remain bearish since it closed below HZ on Tuesday. Unless it closes above HZ today, then it`s altogether another scenario.

AU targeted bullish since remain above the HZ, targeted on 3 SQP areas

GJ on long term is bullish and has closes above 161.75, thus it should be heading towards 163.25.
Unless i`m totally confused as most people prefer bearish.

GU is still bullish on my view as it closes above 1.4675, should be hading towards 1.4825.

Monday update @ 11.51pm

EU

Price has dropped from 1.16 to 1.13 the last 2 weeks, before it remain below 1.1325 for 2 days and bearish towards 1.1175 on Thursday.

The price however bulled towards 1.1250 and close below 1.1220

Monday it moves bearish toward 1.1175 against expected move toward 1.1325 as per my initial guess and today (Tuesday), it has move from 1.122 towards 1.112 (as of now at 1.14).

If based on present understanding, price will return bullish towards 1.1175 before closing above it as to remain bullish towards 1.1325 this week. However, if it closes below 1.1175 then bearish all the way to 1.0825,

Price level to note

- 1.1075
- 1.0925
- 1.0825


GU

Price has dropped from 1.4675 to 1.442 below and it supposedly to move towards 1.4325 for the LONG MOVE but it fails and rejected thus closing at 1.448.

As it failed to move below 1.4425, thus the price bull back toward 1.4675 (1.463 highest).

Price level to note

- 1.4675
- 1.4575
- 1.4425
- 1.4325

GJ

Price has dropped from 161.75 to 158.034, and supposedly close below 158.25 which supposed lead to another bearish momentum. However the price bullish towards 160.912 instead.

Price level to note

- 161.75
- 160.75
- 159.25
- 158.25

GJ week 4

GJ has touched 161.626 but fail to close above MKL 161.75, thus a bearish momentum occurs as on 19/5. So a bearish mode from 161.75 to 158.25 which has been completed.

As of 23/5, the price close below 158.25 which means a further bearish towards 156.75

GU week 4

GU on last 19/5 has reached 1.46628 which is nearby to the MKL 1.4675. However it fails to close above it, thus the bearish momentum towards the below MKL of 1.4325.

The bearish mode commences as of 20/5 and as of todate 24/5, the price has break SKL of 1.4575 and yet to touch SKL of 1.4425.

If i were to ignore the MKL rules, and opt for SKL then that means the price is bouncing back to 1.4575 again before bearish back 1.4425 and below?

EU week 4

Based on last week closing, the EU is playing ball between 1.1175 and 1.1325 with Monday being running only around 25 pips or less.

If by the rules, once hit the MKL (major key level) of 1.1175 and did not close below it on last thursday, the price supposedly will return back to the previous MKL of 1.1325.

However, it has been 2 days (friday and monday). Does it mean it`ll break by today (tuesday) as it`s the 3rd day

Breaking in terms of bullish today thus closing above the MKL for a further bullish next 2 days.

If it does, then potentially yearly high would be the first target by June 2016.

Mugetsu

I`ve found Mugetsu after a setback last 2 weeks with lots of my plans failed due to my inability to control my entry risk and margin control. I was too sure that Shunpo has provide me with the right way, but i was wrong.

As the creator, the fact that it`s not always accurate when comes to trend and the price level has led to me to find ways to improvise it. The fact is that it`s always there but i failed to see it till last 2 weeks.

Now with confidence, i can really say that i would be able to resume and focus back my goals as of June 2016 onwards.

My present account

Umofx - with only equity of 15.00 after a massive loss of 600usd.
Roboforex - with only equity of 0.75 after a massive loss of 500usd
Hotforex - with zero equity after a massive loss of 250usd

The losses are purely from my profit gain and only a few from my deposit.

As of now i have a total of real account of 8 account with 3 accounts yet without deposit.

Umofx
Roboforex
Hotforex
Xm
Toppro
Fxprimus
Mocaz
Axitrader

I`ll fill up all this accounts with only a minimum depo of usd50 each @ usd400 and grow all the way using
Mugetsu style.