Thursday, December 31, 2009

#2


#2: Got the trend signal..red to sell and in off of price action looking for a few...got them and I was busy doing a few other things but I see that there was some entries later on that paid nicely too..ah well that's a wrap on 2009...see you all in the new year

#1



#1: Better than expected unemployment claims out of the U.S. mean that the eu is in sell-off mode...got a quick yellow bounce here, the blue line is the stop loss area, a break of this support and we're out and looking for the next one...managed to hang in there by a thread and was paid in the end

Tuesday, December 29, 2009

Happy Holidays

Trading has not been very frequent this holiday season. Thin markets as well as the fact that I've been working on other projects have meant that I won't be back to daily updates until the new year. Hopefully the markets will pick back up to normal movements at that time but for the next few days, hopefully everyone enjoys their holidays...

Wednesday, December 23, 2009

#3


#3: price pushing up again...got the yellow signal and this time waited for price action under the tma...in at 91.7 and stalled but then a pop down to exit at 88.1..bit of a choppy market rite now

#1+2


#1: price is pushing up this morning...had yellow for a while and for the last couple days the 75 area has been good for bounces...i jumped in early here before price action gave the entry...and got burnt in 75 out 80...the correct entry was a bit later up around 82 as price stalled and got under tma

#2: waited as the euro continued it's massive push up...saw price stalling a bit above 90 and this time waited on price action to start moving lower..hopped in 88 and out 83 to make back the loss...b/e on the day

Tuesday, December 22, 2009

#2


#2: not many solid setups since earlier, but after the news releases we started down...got a crazy push and i timed the bounce off price action...tma for confirmation and in for a few pips profit

#1


#1: and its party time..got a push down to the 65 area which has formed support over the last day or so, so i hopped in off the yellow signal and out for a couple..very quick trade

Monday, December 21, 2009

#1+2


#1: expecting a quieter week due to holidays etc. there have been a few trades already that i missed but in here on the expected bounce off the yellow...out as price stalled and didnt look like it would continue up...lost a couple

#2: still looking for the bounce, and it came a little lower, this time let price action take me in at around 13 and got the bounce out at 16...made back the loss and then some, should have held for some more..

Friday, December 18, 2009

#2


#2: got the home-run trade finally haven't had one of these in a bit...as i stated before, downtrend has developed so looking for pullbacks to short...got this red to short signal and hopped in, gave it a little room and targetted a bit more than normal...sure enough the reward came after another pullback we headed back down in the direction of the trend..15pips

fridayy #1


#1: up earlier than normal today...thought it would be a slower market at this hour, so jumped in a buy off a yellow signal..never really looked like it wanted to jump and sure enough drifted away from me..exited as it broke and sure enough we are now in a downtrend intraday

Thursday, December 17, 2009

#1


Crazy day yesterday, slow morning session but then the interest rate annoucement out of the u.s. gave some crazy moves...in a matter of half an hour i got around 15 pips, didn't have a chance to save screenshots tho

#1: Huge drop in the european session earlier...not much going on i managed one short off yellows...same entry as always...as i'm typing we're getting some good movement so we'll see what happens

Tuesday, December 15, 2009

#1


#1: slow markets so far this week...big move in european session but quiet in u.s. even tho there was news..grabbed this one looking for a push lower sometime today tho

Monday, December 14, 2009

#1


#1: Monday morning and back in action after a nice weekend relaxing..market is bias down rite now so hopped in a short on a pullback...not off a usual signal but pure price action alone..grabbed a few the market is moving slowly rite now so waiting for more of a definite intraday trend to develop..

Friday, December 11, 2009

#1


#1: Internet seems to be working fine this morning..set up my charts and immediately got a signal for a long...hopped in on the green rammy throw combined with yellow on the rammy...in at 55 and price drifted around a bit...but then got a nice move up and i exited with 4 just below 60..news in 5mins

Thursday, December 10, 2009

Thursday

Have had internet issues for most of the day...only able to get in about half an hour's trading before it cut out and acted up the whole afternoon...now back online but no trades to post for today...thankfully i wasn't in a trade when it decided to dut off but tomorrow at it bright and early as usual

Wednesday, December 9, 2009

#5


#5: we're moving down pretty hard now, euro below 1.4700...there was a previous strong bounce at the 91 area, i entered a bit late at 94 and was able to get out on a spike up to 97..when the euro is pushing hard in one direction, it's important not to try and jump in and hope for a reversal but instead pick out key areas where it could bounce...here the key area was a previous support level earlier in the day

#4


#4: same trade as always...the yellow signals have been designed and tweaked to spot small or larger reversals in price...as u can see i grabbed a couple off the first yellow signal, did not take the second however it also gave some pips

#3


#3: the euro has been moving very choppy today...in off the yellow signal again wait for price action to get u in the trade...above the tma and i'm in a buy and out as it pushes in my direction for a couple

#1+2


#1: Had a nice push down earlier so im looking to jump in shorts...the retrace came and was a bit aggressive, but waited on the signal and in off the step-down below tma..exit as it made the push down

#2: moving higher but overall still looking short...yellow signal and in after a real hard push up..price action gets me in the trade and i exit as we move back down for some pips

Tuesday, December 8, 2009

hit counter
FREE HIT COUNTERS

#6


#6: 23 is the low of the session previously so expecting a bounce at this level...pushed down and im in on the first yellow, broker filled me at 24.6...gave it a little time and after another yellow at the same area we get the price action moving up...got out at the next h-line and although price moved up nicely even further, i'll take the 6 nice one jimbo

#5


#5: A little later in the session and we're moving back down...dow jones is off pretty big anyway this was a jump in on my usual setup however when price is pushing in one direction with momentum, it's usually not wise to take every signal but rather the ones at key areas..think i saw 1 pip profit before momentum continued down and i got out trying to keep the loss small at -3

#2,3+4


#2: After the push down, I'm looking for shorts on a retrace or pullback...price moved bak up and the first red on the rammy throw came...let price action take me in for a short under the tma at 48 and out on the push downwards at 43..


#3: same trade again price moving up but overall direction is down...rammy throw rolls red saying look for a short in this area...price pushed up a bit more and once again, im waiting for price action to step down below the tma...got the short at 55 and out 52


#4: haven't gotten a good push down yet instead price is still back up and i get another red rammy throw...im in off of price action again my fill was 57.3 and out at 48.5 sweet now we're rollin..

#1


Had a few more trades yesterday in the U.S. session, basically a flat day for me tho and was busy doing a few other things as there was work being done on the house..back in action today so here goes...


#1: price pushing down and i am expecting a bounce around the 50 area....got yellow so i jumped in at 49 however didnt wait for the price action to step up above the tma...we pushed down some more and then got the step up a little lower...i held but then closed the trade as it looked like we were gonna continue down...out at 43 time to focus a bit more..

Monday, December 7, 2009

London #1


#1: up early to trade the opening of the london session and the sell-off is continuing...the euro is just tanking so managed to pick this bounce on the push thru 1.4800...got yellow and waited or price action back up..in 94 and out 98 not a bad first trade of the week

Saturday, December 5, 2009

Friday's trades

Friday was an extremely volatile and exciting day for trading...I haven't had a chance to post the trades yet as I was busy during and immediately after trading on Friday....have the screenshots and will try and post them later today when I have a few moments free...have a good weekend

Thursday, December 3, 2009

#4+5


#4: still looking for short signals as trend is down...price moved back up and had the signals going off..i waited for the step below tma and in..but price just stalled and then started pushing back up..still looking down but have to stick to my rules so im out with 3 pips lost


#5: another step below tma still on the same yellow signal and its definitely looking short so i hopped back in short 81...this time we got the push down i was looking for and im out 76 with 5 pips..in hindsight i could have held the first trade but there is always the chance that price will keep pushing against me o well..

#2+3


#2: i actually got a yellow signal for a split second, however its not visible on the chart bcoz this chart is zoomed out..once again, in as price steps above the tma and out for a couple


#3: euro has pushed down alot so looking for retrace then shorts with the trend...got the signal and waited for price action to get me in the trade..in and out for a smooth few pips it went on to give plenty more rite now eu down at 1.5070

#1


#1: news released on unemployment claims in the u.s...interest rate out as well on the euro and its unchanged...we got a spike down after the news and i waited and took my usual signal, was expecting a bounce up and it ended up going a long way back up...yellow and above the tma..grabbed 5pips

Wednesday, December 2, 2009

Asia #1


Around this evening for a bit of the Asian market trading...Tokyo has just opened and got a nice push up on the euro..got the yellow signal meaning I'm looking for a quick short, in as price action gets below the tma, and out for a couple of pips profit..

#10


#10: Bit later in the session the market tends to range a bit more so yellow signals are very accurate...got in on this one and it hopped in my direction for a quick 6..went from -13 to +15 in one session think i might call it a day...imagine if i had stuck to my rules that first trade....back in action tomorrow...

#7, 8+9


#7: We moved back up slightly, I'm still looking for price to move lower so got another red rammy throw signal and took it, once again under the tma and in 61, exited at 54 with 6 pips same trade as before and I'm finally positive for the session (+4pips)


#8: Again the euro pushes up slightly and i get a red rammy throw signal going off...price still looks lower to at least the daily pivot at 53 area, so i entered 65 thinking a break higher and im out with a small loss otherwise i could be paid nicely to at least the daily pivot..same entry as always under the tma and im in and a few mins i exited just above the daily pivot for 10 pips..it went on for more o well


#9: got yellow looking for a bounce, jumped in long but price pushed lower...tight s/l means i was out with -5

#5+6


#5: Price pushing down now and I'm in a buy on a yellow signal, got the price action I like as it stepped up above the tma..in at 60 and out 63...looks like it still wants to head lower...


#6: price moved a bit lower and then started to retrace a bit...so i'm looking for shorts as the push down was hard, plus the dow is now flirting with negative territory..didnt jump the gun and waited for my rammy throw to give a short signal..ended up getting yellow on both and then waited for price to get under the tma..in and out for 5 pips...still looking short

#3+4


#3: Got the yellow signal as price is now pushing upwards..dow jones up slightly and I waited for my usual setup, price step down below tma and im in..it gave maybe a pip and then pushed back up and i exited with a small loss (-2 pips)...the key to these bounce/pullback trades against the current intrasecond trend is to cut them real quick if they go against u as can get a better entry later..


#4: Got in again on the same setup but a little higher up and this was the well-timed entry as price continued down, grabbed 3 pips...still negative on the day -10 pips so far..

#1+2


#1: Another day another dollar, or thats the plan anyway haha...at the tradedesk for over an hour before any good movement happened...even U.S. employment data couldnt move things much, anyway we eventually saw a nice push down, and I waited till price started retracing before deciding to try hopping in a short...no real indication to enter (no rammy throw signal or yellow signal) but I hopped in and got burnt...-13 pips to start the day when will i learn not to trade on instinct? silly trade anyway looks like i'm in for a long day...


#2: Price eventually topped out on the retrace and started back down, I got in a quick short for a couple pips...the correct entry on the previous trade can be seen as the rammy throw gave a yellow signal..had I entered there and held a bit I would have been paid nicely...just goes to show, trust ur indicators ryan!

Tuesday, December 1, 2009

#3


#3 sure enough eventually price made the push to the 1.51 area...these whole numbers tend to be strong psychological areas for a bounce so i hopped in after the yellow signal as price action showed it was about to bounce back down...exited with a few all in all a choppier day with no clear pullbacks or continuations

#2


#2 didn't take this trade off an indicator, however price had just made a nice push upwards..waited and entered a long expecting price to retest the 1.5100 area...got a little spike up and was expecting it to continue however it started sliding and i exited with a tight s/l in place

#1


#1 tuesday morning and the euro has pushed up nicely overnite..expecting more of the uptrend as the dow jones futures are pointing to a higher opening..hopped in on this yellow signal, same as always for the ride up a couple of pips..

Monday, November 30, 2009

Light trading today

Was busy dealing with some admin stuff today, only traded when i happened to be in front of the charts....missed a couple signals but all good, new month and new trades tomorrow..

#1


#1 first trade of the day...classic setup, had a push down and got the step up after a yellow signal....entered 20 and out 23 nothing fancy...the dow jones chopping around, was up big but is now negative, looking like it'll be an up-and-down sort of day...rite now looking for a push lower in the euro

Friday, November 27, 2009

#3


#3 dow set to open negative, got a big surge up so i hopped in on a yellow to go short...got the step down entered short at 93 and price dropped for a few pips but i wanted to hold for more as the downtrend was still in tact....got a bit of drawdown up to about 97 or so my stop would have been a clean break above the 5min 50sma at 99 area...patience paid off as we got the nice down move exit at 85 for 8 more nice day so far

#2


#2 got a nice drop on the eu, so waited for the pullback to try and get an hp entry...it didn't look like the signal would come so i hopped in as price stalled...took a couple pips of drawdown but then we got a nice push in the direction of the initial move down, good for 9 pips

#1


#1 wow some real crazyness overnite...dont know what to expect in this session but will still pick my entries carefully..first trade was off a yellow signal, same trade as always, waited for price to start stepping down below tma, then in and out for a few

Thursday, November 26, 2009

#3


#3 wow the euro is really dropping off here...i missed all the HP entries as was in the shower and then eating some lunch lol...but those signals all turned great pips (u can see one of the signals on the chart, the red rammy throw just before the huge drop)...i got in on a retrace for a couple pips..

#2


#2: the euro fell pretty hard...took this trade not off of a signal but pure price action, it had dropped over 30 pips with no real retrace so i hopped in as price stalled and stepped upwards..took a couple pips nothing big

#1


#1: Thursday morning and there's a holiday in the U.S. so not expecting much...first trade of the day, I got in on the yellow signal, knowing that I might have to withstand a bit of drawdown as the previous bounces had occurred twice around the 51 area..sure enough price spiked down to this area and then bounced rite up..i held and ended in profit, however the better-timed entry would have been the blue diamond around 50, which was the day's low so far..

Wednesday, November 25, 2009

#1


No sooner had I typed my previous post than I got the signal for this afternoon's first trade..

#1 Price pushed up to the recent highs of the day, just under 1.51...got the yellow signal, waited for price action to step down under the tma (dotted line) and entered...short 93 and out 88 these are the same sort of setups we look for all the time...the key to successful trading is finding what works and then repeating it over and over and over...

Wednesday

Just arrived back in Bermuda, flew home today after spending some time in Toronto...feels nice to be back home anyway just loaded up my charts and will be following things this afternoon for a bit as I unpack, although I doubt we'll see much movement..

Tuesday, November 24, 2009

#1


#1: Missed most of the morning as I was out running some errands...came back and recognized the trend had moved down, so i waited and took the first signal i got from the indicators, a short at 35 and out at 30

Monday, November 23, 2009

#4


#4: price sliding again, the market is very thin today, something which may be the case for much of the week as it's a holiday week in the u.s....i got yellow and as price slid i tried entering on a step up above the tma but got faked out...exited quickly to keep the loss minimal not the greatest day for trading but not every day is, i'll take my 2 wins and 2 losses and be bak at it again tmr..still small profit on the day tho

#1,2+3


Monday morning (didn't have a chance to post Friday's trading and can't seem to find the screenshots)...anyway first trades for the morning..

#1: got yellow indicating potential reversal...same trades i normally take and this one was rite around the 50sma on a 5min chart..waited for price to get above the tma, in 79 out 83


#2: was looking for price to continue up as the u.s. stock markets were soaring...hopped in and pulled it when the trade failed to move higher..


#3: price dropped some more and gave another yellow signal, again same trade as #1 waited for price action to indicate a slight correction, hopped in and out 74 to 78

Thursday, November 19, 2009

#3+4


#3 the euro failed to make a new low on the last downmove, and price bounced around a bit...weird price action as the dow was down 150 points yet the euro was rising...price started pushing with momentum to the upside and i used the yellow signals for small reversals..the upside move was a bit confusing to say the least


#4 similar trade, waited for price to stall a bit and watched for the price action to start heading lower, once at the tma and under thats the short for a few pips..

#2


#2 got the move down we were looking for...i exited on the yellow signal

#1


#1 First trade for thursday...dow jones opened negative and euro pushed down nicely following the dow...i waited for price to retrace a bit and hopped in short expecting the euro to follow the dow which was now over 100 points negative but i was caught out, not a great start

Wednesday, November 18, 2009

#1


No time to post the trades from yesterday, but today is off and running..huge move up overnite in the european marktes..


#1 news was released on oil inventories and an immediate drop...i followed price action and wen price was into the rainbow and above tma i entered for a couple