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

Tuesday, November 17, 2009

Tuesday

Some really good trading today...will post the screenshots as soon as I can, right now internet is acting up but the trades should be up later tonite..had to log in on my phone to type this lol

Monday, November 16, 2009

#3+4


#3 price had retraced quite a bit after the large drop-off...i waited and took the rammy throw signal for a short only to watch price continue up a bit..could have held it but decided to cut the loser and wait to see..market was acting crazy


#4 got the short for some nice pips and i closed the position without being too greedy...the market ended up totally reversing the big drop a bit later, which is why u cut losers quick and bank profits when scalping bcoz even the best-looking trades might not work out as planned

#1+2


Quiet market up until bernanke testified, then things went crazy for a bit...

#1 missed the huge drop down, caught a couple on the retrace...all the moves were extremely sharp and fast


#2 hopped in and rode it down for a couple quick ones...again moves were fast and i did not want to get caught on the wrong end of a trade

Sunday, November 15, 2009

Friday

Only a couple trades Friday and forgot to save screenshots of the trades...got caught in a trend reversal but still managed a decent day of trading..back at it sunday night/monday morning as usual.

Thursday, November 12, 2009

#6 HP trade missed


#6 and this was the one we wait for, indicators lined up, everything pointing to a push lower, dow is negative price jumped up for a yellow signal on both the rammy and rammy throw (below the red diamond on the chart), i hopped in at 90 and pulled the plug at 87 for only 3pips...very disappointed in myself as this was an HP entry for me...price ended up way lower in the 60's could have been the home run for today but not dwelling on could have's and would have's..important to note how fine-tuned the entry was as the indicators gave the signal at the exact top of the move..impressive indicators thanks to those that helped program and fine-tune them with me they know who they are jimboooo haha

Thurs #3, 4 and 5


#3 price is now pushing down with momentum, dow jones open and dipping into negative territory...i hopped in as price moved out of the rainbow for the next leg down a quick 5


#4 got yellow on the rammy at 65 area price stalled and moved back into the rainbow stepping up in 69 out 72 for a couple quick ones s/l was a break below the low at 65


#5 got red on the rammy throw indicating an area for selling into the trend..in a bit late at 79.9 and out as price stalled on the downmove lowest i saw was 70 i exited 72 s/l was a break higher by 4 or 5 pips

#1 and #2


Thursday and at the tradedesk a little earlier than normal...ah well i see that the euro dropped a bit overnight...

#1 no real reason for the trade on the indicators, just a gut feeling that price was gonna push up a little more than it already had...need to focus as trading on gut feeling is not the way to go and charts will tell u everything u need to know, not ur gut...and sure enough, gut feeling trading burnt me in the next trade...


#2 again trading not based on indicators which isn't very smart need to be patient and read the charts...anyway thought price would push down a bit more after it had just dropped but i was wrong..focus is key but silly mistakes happen from time to time

Wednesday's trades

Posting all of yesterday's trades late as was out and about doing some errands yesterday afternoon...wasn't expecting much as market was supposed to be thin because of holidays in the u.s. and canada...

#1: expected price to bounce at the round number 1.50 however i didnt pay attention to the price action, and there was no push down to 1.50 so it slid rite thru and continued down, i exited as it started going against me


#2: price started stepping up into the rainbow so i took a couple pips on the small pullback, didnt take this trade off the indis as again, price was moving slowly down, no strong momentum (no yellows)


#3: Again no yellow but price stalled around the pivot at 83 for a small push upwards so i grabbed a couple there could have had more


#4: As shown the yellow came slightly later and i didnt take these trades but maybe should have...instead i waited for the retrace into the sell zone (red on the rammy throw) and it came around the pivot at 83..i entered late but still caught some pips...my exit wasn't well-timed either should have been in at 82ish and out at 72 or lower for the HP sell

Tuesday, November 10, 2009

Home Run trade


Had a couple trades early on, one winner and one loser on the euro..got caught thinking it was in an uptrend and it totally reversed and tanked so net -2pips b4 this trade...anyway been testing some stuff out so decided to put it into practice on this trade, we got a nice push down so waited for the retrace...rammy gave yellow and the rammy throw gave red signalling an area to jump in short with the trend so i did with one position at 57.2....price pushed down nicely from there and the new signals we've been testing gave a signal to short so i added another position at 50.4..basically im in a double position now at an average price of 53.8, and price proceeds to drop nicely down to about 40 and i exited 41.5...12.3 pips profit on a double position

Monday, November 9, 2009

#1 (and only lol)


After a good weekend, ready to scalp out the euro on this monday morning...looking back at the charts i saw that overnite in the european markets the euro had a march all the way up past 1.50..u.s. stock markets opened and rallied however none of the currency crosses followed suit, probably bcoz moves were exhausted already from the nite's activities in europe...hopped in a long as price got above the tma and grabbed a few pips, but other than this trade there was nothing going on really as euro has been in a choppy range around 1.50 for most of the day...back tomorrow and might take a look at the london session (if i can wake up at 3am haha)

Friday, November 6, 2009

#1

Unemployment rate was announced and its over 10% in the u.s...crazyness..anyway markets were down early but regained some the losses...i caught a bounce up...c2 chart but i'm thinking of dropping the gj from my preferred trading pairs...watching the euro and i find moves nicer and easier to trade on that pair, not to mention losses are minimal...will decide next week after more analysis

Thursday, November 5, 2009

#2


Had a few other trades here and there for not much...couple wins couple losses all in all a mediocre trading day...here's my loser on the eu, was expecting the eu to be breaking to the upside with the dow jones rallying like it is but that just wasn't the case...

#1


Waited on the markets to open today...and they are tearing upwards..interestingly not any real rallies on the currency pairs...maybe bcoz of all the economic news out over the last 24 hrs also...anyway caught a bounce on the gj...c2 chart

Tuesday, November 3, 2009

#2


Tried out a gj C2 chart for a change...more moves and entries on this one however have to be quick...here's my trade when the markets rallied a bit and the pound yen popped up

#1


Tuesday started off a bit slow, but later in the day managed to get some trades in...started off focussing on the euro which had dropped all night during the london session, but it failed to continue any momentum and traded within a range for most of the morning...had one little trade on it

Monday, November 2, 2009

Monday #1


Today's main trade...had a few scalps here and there on the euro, but have been testing out some new strategies for the past few sessions so my regular trades have been minimal..anyway news released and the markets all reacted positively to the news...gj shot up and rather than jump in the initial move and get caught at the top, i waited for a retrace and then the move that followed...grabbed a few pips and out, this is a c2 chart with cyrox indicators