Friday, January 29, 2010

#7


#7: even lower and got yellow to bounce...wanted the 75 area got in and out for a couple pips...think i am calling it a day..solid day and solid week..

#5+6


#5: pushing down hard now...seeing u.s. dollar strength across the board anyway had identified the 88-92 area as a good bounce area...i got in as we looked like we were stalling on the yellow a little early at 92...exited as it pushed against me

#6: waited on price action and back in at 90 rode it up to 98 so made back the loss then some...i could have held the first trade but sticking to my rules..better to wait on price action when its pushing hard like that

#4


#4: got yellow and previous support had been the 12 area from asian session...was waiting for price to get to this area...in and out as usual took my 3pips and ready for the next one...looks as thought the euro is heading lower today

#3


#3: moving back down and yellow signal goes off...waited for price to stall then in and out...same trade over and over

#2


#2: price turned around and shot up, got yellow to short in and out for a couple pips

#1


#1: first trade of the day, waited for news to pass and got in off the push down as a result of news...i hopped in as price stalled just underneath 50...it proceeded to fall a bit further and normally i would have let the loser go but was expecting a pullback and it eventually came...

Thursday, January 28, 2010

#8


#8: getting yellows on a push upwards as london closes..took the first for a couple did not get in the second one o well

#7


#7: retracement now and the dow is tanking...waiting for my red to short signal...jumped in as it came but we pushed a bit higher..the correct entry would have been the yellow but sometimes the yellow never comes so i was in on the red..held a bit and was finally paid for my patience

#6


#6: down at 50 now and i am in again on a yellow for the bounce..in at 51 and pulled the plug at 52 should have held for some more but i'll take it

#5


#5: got yellow again on a push lower...in and out for a few pips again

#4


#4: news released and we got a push lower..yellow signal and watched as price stalled and didnt move any lower so in and out for few pips 85 to 88

#3


#3: moving lower and i didnt wait on a yellow signal...jumped the gun and in off of price action alone, expecting a move back up but it never came..held a bit and exited this trade just before the news release in case of a further push down..-5

#1+2


#1: wild action in asia yesterday evening but not much in london...as usual taking the signals got yellow to short...in and out for a couple

#2: same sort of trade

Wednesday, January 27, 2010

#8


#8: interest rate news out and market a bit choppy...got the push down after a bit and a nice break of 00...soon as it stalled i was in and grabbed some more pips...solid day of trading i am stopping and going to watch the man utd vs man city match haha

#7


#7: yellow to short again...in and had to wait a little but got the pips..feeling a bit tired so took a nap..will be back for the u.s. interest rate announcement in a couple hrs

#6


#6: got yellow hopped in the short for a few

#5


#5: juist before dow open and we have moved back down lower and now retracing...hopped in this trade purely off of price action and expecting a bit of a lower opening on the stock markets..pulled out when i got a couple pips

#4


#4: crazy move up towards the latter part of london and early ny session...got a pullback and signal to enter the buy so in and out for some pipssss

#3


#3: after the move down, heading back up..waited and in off the yellow signal short..took a couple it wasn't moving much so i got out better to wait and see some momentum

#1 + 2


#1: up super early..had an alarm go off on my mt4, letting me know the euro was heading lower..jumped the gun on this trade..in off the yellow but not above tma...had to close with a loss as it broke against me

#2: now we're above the tma so back in..grabbed a couple

Tuesday, January 26, 2010

#5


#5: dropped off and again another push up and yellow at 70..got in on the drop below tma and out for some more pips..i think i will call it a day here dont want to overtrade and the euro looks like it's gaining momentum for a move up..back at it tomorrow

#4


#4: moving a bit higher and again getting yellow to hop in shorts..so far the yellow has been dialed in nicely today so i enter the trade around that 70 level again as it proved to be a resistance area on a previous upmove..stalled a bit and finally gave way for a couple pips..turning into a solid day +10 and no losses (touch wood haha)

#3


#3: price had moved down alot, and then begun to retrace a bit..as usual, im looking for shorts as the overall trend has been down..price pulled back just before the dow opening and i got the red to short signal on the rammy throw (red diamond at the bottom)..in and out for a couple..could have held however stock market opening usually creates a bit of chop until things settle so better to bank the pips

#2


#2: price moved down alot and got yellow, had a bounce area around 68/70 and the yellow came rite around this area, so in and out for a couple

#1


#1: back in action today and i notice there was a big drop that started back in the asian session from last nite..so euro weakness means im looking for shorts...immediately got yellow to short once i had loaded my charts so hopped in as price stalled, also had a bit of resistance on the 5min chart at 95 area

Monday, January 25, 2010

#2


#2: same sort of trade...this time price pushed thru 30 and stopped at 28..paused and then started back up..in and out again should have held for more

#1


#1: pretty straightforward day today..smooth moves and smooth signals..no huge trend today...strong support around the 30 area so im looking for yellows and price action bounces around there..got yellow and step above tma for a couple here

Friday, January 22, 2010

#9+10


#9: later in the session and finally my yellow signals are dialled in..usual trade got yellow and in off of price action under the tma...

#10: same type of trade..done for the week just goes to show, have to trust and keep taking ur setups, losers will happen but staying focussed is important..back in action monday

#8


#8: by now we've already moved up so high on the euro that longs are in play, and as weary i am about jumping into longs, i have to trust my signals...got a push back to the buy zone...yellow and green and i take the buy at 44...almost immediately we rocket back up and i am out 49 for +5...crazy market but for once today im on the rite side of the crazyness lol...+4 on the session

#5,6+7


#5: pushing up hard now...scary as just a short while ago we were tanking and down at the daily pivot..hopped in short looking for a bounce down..price stalling and under tma it is my usual setup..but no, again it pushes against me and im left with another losing trade of -4...not normal that i get 3 losing trades in a row...-9 on the session now and this is not looking great, time to focus and let the market come to me..

#6: same setup as before, stall and under tma after getting yellow...in and out +4 have to keep taking my setups and trusting my system

#7: again a push higher and then nice step underneath the tma...smooth price action too im in at 62 and out 58 for +4...thats better almost back to even -1 on the session

#3+4


#3: after the drop we're starting to pull back now so as usual i am looking for a place to short...got yellow on my rammy throw indicator so I hopped in the trade around 14, saw a couple pips but held and it broke against me, had to exit for -5

#4: moving higher still and got yellow, im still thinking shorts are in play and this yellow comes around the 5min 50sma, usually a decent bounce trade off of this so im in again at 20, saw maybe a pip of profit and it broke against me yet again, exited for -5 now -5pips on the session...very confusing market and tough to read as we went from dropping to coming rite back...frustrating

#1+2


Friday morning....market is very choppy and hasn't done much overnite, so we'll see what today bring..stock markets are open and moving lower so the euro starts to drop..

#1: got yellow signal and a stall around the whole number 1.4100..these whole number bounces are usually solid signals so i hopped in at 01 and out 03.5 for +2.5pips

#2: dropping off even more, the next area im looking at for a bounce is around the daily pivot..price stalled just above (my dp at 85) so i let price action take me in the trade...in 90 and out 92.5 for another couple..+5 on the session feelin good and looking as tho shorts are in play.

Thursday, January 21, 2010

#7


#7: things a bit calmer...the euro still up high tho after that news announcement however the dow is off over 200...crazy day anyway grabbed yellow to short for a couple pips (missed the one that came just before)..thinking of calling it a day went from being down to up to back negative to back positive by about 9pips rite now..

i know there were alot of traders who probly lost big on that news announcement and that is how the market keeps us humble and on our toes...everyone is calling for euro shorts and then obama makes a comment that sends it the other way..have to be careful in this market and take watever opportunities present themselves..im pleased i was able to stay focussed and in the end finish with a solid performance..will be interesting to see how the overseas markets react to all this in the next 24 hrs

#5+6 MADNESS


#5: take a look at the euro on steroids hahaha....all of a sudden and out of nowhere price just starts rocketing upwards...literally within 1 or 2 mins we're soaring upwards and it's times like these that are extremely confusing..im scouring my sources to see if i can find some sort of reason for this move whether it be an unexpected news release or some large bank or trader buying up euros but i see none...i hopped in a short as price stalled around 00...it danced around here but then broke up even more and i exited...clicked my trade panel when price was at 07 and i got a fill way up at 14, just goes to show u how fast price was moving...weird but then i found out president obama had come on the news announcing tougher regulations on u.s. banks and talking about the need for a weak u.s. dollar...so there's the reason the euro shot up thanks for the -14 points mr. obama sheesh

#6: waited and once we were way too high i got a solid move back down..i shorted as we passed thru the tma and was paid as we dropped off almost as fast as we had moved up..grabbed about 17 on this so made back the huge loss and then some...normally these sharp moves give a nice reversal for some pips too...im out of the market till this thing calms down

#4


#4: we pushed even lower and started to pullback again...waited and this time entered off a sell signal (red to sell and yellow on the rammy)...price pushed a little against me but i let the trade have some room as i kno im with the trend...got out for a couple for some reason not liking this price action so we will see but shorts may be out for now as the london markets are closing

#3


#3: obviously as we're pushing down, i'm looking for a pullback to hop in short (the direction of the current intraday trend)...price is pulling up a bit and i waited until we had gotten a decent enough pullback to hop in a short...again waited on price action to get me in - i did jump the gun as i hadnt gotten a sell signal yet but sometimes the feel of the market gets us in a trade and i knew the general area i wanted to short...paid nicely on this one in 61 and out around 54

#2


#2: sure enough the dow is selling off hard and euro is pushing down as well...expecting a reaction around the 50 level so hopped in off of price action (step up above tma) and managed to grab some 53 to 56 so basically made the loss back from earlier

#1


Thursday morning and there are a couple big news releases out in a bit....had a move lower in the european session but it didn't hold and we're now moving up but i'm out of the market till the first news release which didn't do much at all so i waited on the second...after it was released i took the first signal i got, which was green to buy as we had been pushing up..

#1: in off the signal, green to buy combined with yellow...moved a tick or two in my direction but then slid...dow jones negative and moving lower so im thinking the euro may be starting another push south..closed this one with a loss of a few points tho o well out and looking for the next trade

Tuesday, January 19, 2010

Asia #1


Around my computer in Asian session today and there was a huge drop down on the euro..broke through previous support levels too so expecting down further anyway caught the yellow and bounce up around the 1.4200 level for a few pips..

#1+2


#1: up and ready to roll...i see there was a huge move down in the european session...man i may have to start trading a couple of these a week as it seems moves are exhausted by the time my normal session comes around...getting a bit of a push down so i jumped in a long looking for a bounce...out as it started moving against me for -5

#2: hopped in the long a bit lower looking for a move up off of price action...got in and rode it up for +8 (in 60.1 out 68) so made back the loss and then some..we'll see wat the rest of the day brings

Monday, January 18, 2010

Monday

Had a couple trades today, one win and one loss for basically breakeven...markets were very quiet and thin as their was the Martin Luther King Jr. Day holiday in the states..will be back and rollin' tomorrow..

Friday, January 15, 2010

#2


#2: got a burst upwards and i got in off of price action, under the tma for a pip...should have held but the eu acting a bit erratic rite now so not taking chances...been a decent week and no need to chase trades etc today..

#1


#1: friday and the euro has dropped alot overnite in the asian and european markets..quick bounce trade for a couple, not really sure if this thing will fall further bcoz it has dropped off so much already

Thursday, January 14, 2010

#3


#3: we are pulling back slightly so looking to hop in a short..got yellow and red on the rammy throw for the sell...took it and out for a couple as i thought the move was exhausted..

#2


#2: Expecting to see the previous day's low at around 57...got the push and yellow but as usual we wait for the price to stall and turn before hopping in...antoher couple similar to the first trade

#1


#1: thursday and i have a bit of a cold..up early bcoz the european union is releasing their interest rate statement..not expecting much anyway a little later on got a pop down and yellow so i took it for a couple

Wednesday, January 13, 2010

#4


#4: we are down pretty big on the euro so pullbacks to short are in play...was looking at the 13 area for a short, got red signal at 07ish...i got in 08 and sure enough it popped a little more and gave yellow at 13...hung in the trade as the trend is down and 5min chart says down..got the push down and exited at 02 for 6pips..gotta love when everything lines up..now waiting for the next 'bus' (haha nicko)

#3


#3: dow jones selling off giving up all its gains..euro tanks and im looking at a bounce around 08 area as yesterday this area was key...in at 10 and it wasnt a great entry at all..had to withstand alot of drawdown and although price was due for a retrace it just wasnt happening..finally was able to close the trade at breakeven but not a great trade at all, didn't follow rules or anything...looking for the next

#2


#2: price is dropping off a bit now with force...next entry i am waiting for is a bounce on the 5min 50sma...mine is at 45 area and price stalled out at 46...got the step up so in as it crosses the tma and out for a couple pips

#1


#1: wed morning and looking back i see we had a big move up overnite in the european session..got yellow to short so im in looking for a little push downward...in 72.4 and it danced around a little before paying..exited 68.1 for 4.3pips

Tuesday, January 12, 2010

#4


#4: price has started moving lower..we are sort of in between or in no-man land so difficult to take buys as price slides further and further...there was a nice long earlier that i missed but as we keep dropping i am only looking to take the yellows for bounces..(not taking the usual greens to buy like we do when it's trending nicely)..got yellow and green, so textbook entry and exit for a couple pips