Monday, March 29, 2010

Backkkkk

Back in action have been trading on and off but not posting..was getting new accounts set up and other administration stuff dealt with...will be back in action full-time from tmr or wed..time to make some pipssss

Wednesday, March 17, 2010

No trading

Not trading for the next few days as I am in the process of switching my main account over to a new broker...probably be back in action next Monday..

Monday, March 15, 2010

#5


#5: the pullback was not very strong and getting red signals to short in this area..waited a bit to see if a yellow would come with the red but when price looked like it was stalling out and not pushing any higher i got in the trade...it danced around in this area for a while but eventually paid some pips..decent day time to go play some golf haha

#4


#4: getting a huge move down now...to think i was short up at 01..anyway no signs of reversing really all the way down..there were a couple bounces but nothing major..i decided to hold out and take an expected bounce at the 50 area..sure enough this area was strong and i got a couple on the bounce here..

#3


#3: getting lots of red and yellow after a push down and now pullback...decided to wait for that 01 area which had held as supposrt but then was broken...in and this trade took forever to develop but never really pulled away from me so i stayed the course...got a few again

#2


#2: red and yellow signal means short..same setup as always so in and out for a few

#1


#1: Had a move down earlier...noticed my 01 area had held as a bounce previously and decided to take this just after news on the push down...in and out for a couple

Friday, March 12, 2010

#6


#6: well its a good thing i exited that loser when i did bcoz we kept on pushing up and even pushed thru the 50sma for a bit...i grabbed another trade here with the trend as it stalled and turned i entered at 55.6 and targetted the highs of the big push up at 60...grabbed a few

#5


#5: after the pushes down, price is now retracing...my usual setup is to wait for a red and yellow signal to hop in the short..got the signal and was in..we had a small turn but then kept marching upwards..gave it a little room but in the end had to exit for a loss..even the best of setups may not work out all the time, but as long as most of the time they work out then we are good and profitable...nextttt

#3+4


#3: similar trades to the first two...got another push down this time to the 30 area..i had a fibo level here and also a resistance turned support level so i figured the 28-30 area was good for a bounce...got in at 31 and out 33..

#4: almost immediately hopped in a short with the trend as i was looking for a few pips in another push down..got out on the lows again rite around 28..

#1+2


#1: news released this morning and the euro dropped immediately after..there was a big move up overnite in the european trading session, so i took the first yellow signal i got for a little bounce just underneath 50...grabbed 3 pips and then..

#2: shorted just above 50 at the 56 area as i figured the push downwards wasn't over yet...this is something i've been working on, hopping in trades with the current trend and catching some of the pips as it pushes..got a few here as i waited to target the lows of the first push down just underneath 50 again..

Thursday, March 11, 2010

#5


#5: there was a big push up...good thing i exited the short earlier and didnt hold and hope..now looking for a pullback to buy...the pullback came but was extremely sharp so was weary of hopping in a buy as soon as the signal came...instead waited for price to get close to the 50sma..once it looked like it was stalling and starting to make a turn i entered for a few pips..

#4


#4: trend is down still and getting a move higher..i figured the 50 area would be good for a short again as i also had my 50sma comin in slightly higher at 55ish...entered the short on a step below tma but had to exit when it pushed higher for a loss

#3


#3: short worked out nicely as the euro is back down again approaching the lows at 27..got yellow and a stall so i hopped in a buy looking for a bounce up..was prepared for a bit of drawdown just in case we saw the 27 area again for a bounce

#1+2


Back in action again today...no huge moves in the euro overnite and there is news at 9.30am so im out of the market until then..

#1: news released and pushed the market lower..i had a fibonacci level at 27 so took the buy rite around there for a couple pips..nice start

#2: moving up a bit and i figured the 50 area would be a good place for a move back lower..got yellow just below 50 and price looked like it was turning so i hopped in...there was one small spike up to 50 and then down we went for a few more..

Wednesday, March 10, 2010

#4


#4: ended up getting a move back down to the area i had bought before...decided to take the risk and buy just looking for a couple...got them and im calling it a day as i have a lunch meeting to attend..

#3


#3: after a move higher, again was waiting to hop in a buy, thinking that we may push up to the previous day's high around 35..waited and got a yellow to buy, same trade as always, identify the trend and wait for yellows to hop in the trend direction...out as we pushed up to 20..it went higher of course

#1+2


#1: nice move up overnite in the european markets...ready for the pullbacks to buy...green and yellow is normally a strong signal so im in just under 3600..i also had my 5min 50sma hanging just below...in and out for a couple

#2: got the same setup and took it..grabbed a couple more

Monday, March 8, 2010

Just a couple


A couple trades from today...only posting these as am busy doing some other things today so not much trading..

Thursday, March 4, 2010

#10


#10: pushing slightly higher and took the red and yellow for a short at 75...exited as it pushed against me..of course it turned and ended up paying but stuck to my rules..decent session couple losses in there but more winners..going to take a break

#7, 8 +9


#7: getting a hard push down...should be staying out but got in on a stall..had to exit for a loss

#8: same trade and again a loss..kept the losses small on those trades tho, thankfully

#9: in on a step above tma, expecting at least a little pullback...got a few back

#6


#6: getting red and yellow up at that previous support level at 15...in and out for a couple could have held but it looked like it might shoot upwards so banked the pips

#5


#5: red and yellow on the retrace...jumped in early as i had identified the 07 area as the short...held it for quite a bit of drawdown only to close at b/e..not the greatest trade as should have been in later at 07...ah well next

#4


#4: push just past the 92 area and yellow..in on the stall and out for a couple

#3


#3: pushing down some more and i had 92 area as my daily low and also the weekly pivot...got in and a quick few should have held as it paid more

#2


#2: now pushing lower after news...waited as i had first support at 15 area...got the stall and in for a few

#1


#1: big push up with lots of yellow..had to wait on the price to get under tma and then in and out for some pipssss nice start

Wednesday, March 3, 2010

Wednesday

Busy day..did a few trades up and down day but didn't have time to save and post screenshots..will post again tmr

Tuesday, March 2, 2010

#8


#8: got a yellow signal and dip under tma after the london close...good for a few pips

#7


#7: after the downmove we're now pushing higher..as usual im waiting on a sell signal but it comes on a huge push back up...tough to gauge as we now look like we're gonna reverse and go back up for the day..i took the stall for basically a pip but closed as it wasnt really moving in my direction

#6


#6: waited on a little pull up as the euro looks to be moving lower this morning..after the break of the 50 area and the 50sma, a small pullback to short looked good...got in as we dipped below the tma and caught a nice push downwards..tougher day so far tho as we went from being in a strong uptrend to now a downtrend...even tho the dow has been up all morning hmm

#5


#5: expecting a bounce around the 50 area...my 50sma was down here too...i jumped in as soon as price stalled and had to exit with a loss...should have waited for an entry a bit lower...price continued down without much of a bounce tho so a good exit to cut the loss

#3+4


#3: as we had been pushing up, i am now looking for a pullback and long...got the signal and a price stall and i was in..did not break higher instead started moving lower..waited and gave it some room but had to exit

#4: a little later got a price action entry as we stepped above the tma nicely..in and rode it up to make back the loss...tough trade as i could have held my original entry and gotten out for a couple...cant break the rules tho as it could just have easily continued down...next

#1+2


#1: moving up and got yellow..waited and in under tma had to exit as it pushed against me..

#2: actually reversed the position and went long for some pips..have to think about adding this type of play to my toolbox, the close and reverse

Monday, March 1, 2010

#2


#2: A little later in the session..normally pretty quiet at these times anyway got a push up and lots of yellow..i waited for an area that had been strong for bounces earlier in the session the 60 area and entered for a couple pips as it fell back from here..

#1


Internet issues meant i wasn't able to trade for most of the morning...alot of big moves overnite and this morning too ah well..

#1: just before london close and i'm finally online...took a buy on the pop below 3500 as i was expecting a move higher as london closed and got it