Monday, May 31, 2010

#3


#3: now moving back up i am looking for my usual HP signal, in this case it will be a red/yellow to short in the direction of the trend...got it at a previous area of resistance around 88...hopped in and had to wait as again, the market is slower so moves are taking longer to develop..eventually dropped nicely and i exited for +5 will call it a day

#2


#2: getting a move lower, not a real strong one but enough to create an intraday trend..i had support at the 82 level and got in just under it...had to wait this one out a bit as it fell a few pips more...finally got the bounce i closed for a pip or so...in a slower market like today bounce trades are a bit riskier as price can continute to slide rather that bounce back..looking for a short now to hop in with the trend..

#1


#1: Not expecting much today as it is a holiday in England and the U.S. so the markets will be slow...for most of the morning we are in a tight range so took this yellow signal for a reversal of a couple pips

Friday, May 28, 2010

#3


#3: A little later in the session and we had a huge drop in the euro...i was eating lunch however it just dropped rite off..i waited for the retrace and got a yellow signal to sell...hopped in and out for a couple pips, only to watch it fall another 20+...ah well it has been a solid week i will take my pips and call it a day

#2


#2: Same type of trade as 1 but a bit lower...red yellow again on the indis and hopped in..managed a few pips but again, it is a slow market and trades are taking a bit longer to develop, i'll take what i can get

#1


#1: Markets a bit slower this morning..we are below the 5min 50 meaning looking for sells...got red yellow and entered, had to wait awhile for this to give off a small profit

Yesterday's trading

Had quite a few trades yesterday...one loss however managed to finish positive for the session by a couple pips..

Wednesday, May 26, 2010

#2+3


#2: pushing down hard on the euro after news again (new home sales much better than expected)...i waited on the price action entry after the push for a bounce a couple pips..grabbed 3

#3: then hopped in the direction of the move for a continuation...grabbed 10 on the way back down sweet day..

#1


#1: the euro is pushing down hard after the news this morning..i was looking for bounce entries but never really felt confident in them bcoz we were moving down so hard...instead i waited for the hp pullback trade...got red and yellow on the throwing and hopped in..had to wait a bit for the move to continue down and was paid nicely +9.8 pips...

Trading

I have been trading however haven't had time to post much as busy doing other stuff as well..the euro is still pretty low and many of the global markets are experiencing high levels of volatility..I'll be updating whenever I can..

Thursday, May 20, 2010

#3


#3: pushing down even further...waited for a stall and got it just below the 2300 area, usually good for a bounce at the 00 area so i was in and held for a few again...solid day gotta love the volatility associated with these trading conditions...they can be dangerous tho if ur not careful..back tmr

#1+2


No real trend established on the eu even after this morning's news...the u.s. markets were all selling off so as the eu started to show signs of shorts coming into play, I was looking at the 19 area as key (my daily pivot and previously had been bounces here more than once)

#1: price pushing down and as expected, stalled at the 19 area for a buy...yellow and in for a few

#2: on the bounce up i shorted into the downmove and got out just above the 19 area..sweet move

Tuesday, May 18, 2010

Euro meltdown

Back at my computer this afternoon as the Euro is tanking hard...took a couple more trades other than the one posted however didnt save the screenshots..it will be an interesting rest of the week as we see how low this drops..definitely some rare and volatile trading environments these days..

#1


#1: Took this trade mid-morning after a solid push down...this setup has been producing pips consistently and as it's with the trend and momentum, it is usually fast and for more pips than usual..10.2 pips and out probly done for the day we'll see..

Monday, May 17, 2010

#2


#2: #2: exactly the same trade but only a couple pips as although overall trend is down, the momentum rite now is pushing up..

#1


Just a couple trades today after news....the Euro tanked last night in the Asian session and, for most of the European session has been retracing..my overall bias is short so I'm weary of jumping in any long trades for the moment..

#1: got yellow as the Euro is pushing up after the news...pure price action trade means in on the step below tma and out for a few pips..

Friday, May 14, 2010

#1


#1: Euro moving lower later in the session today, broke recent support levels...got in on a bust down thru the 2400 level...waited on price action for a move back up..price action very volatile as expected down here..smooth trade for an easy 11..solid weak didnt take as many trades as normal but waited for ideal setups..back at it next week

Thursday, May 13, 2010

#1


#1: Same thing today as previous days, pretty slow and no real trend however I am patiently waiting for ideal setups..got a nice push down and should have taken the yellow to long but got in on the push back down for some pips..

Wednesday, May 12, 2010

#1+2


#1: Been waiting around allll morning for some good moves on the Euro however they haven't come...managed these two trades within 10 minutes...first was a buy off a push down off the 15min 50sma for a bounce..

#2: then immediately shorted looking for a move back down again...both trades worked out as planned..

Tuesday, May 11, 2010

#1


#1: Bit of a slower market today, euro not moving crazy like it has been recently..there is no clear direction although we were lower in the european session..got yellow to short however i waited for a touch of the 15minute 50sma as this is normally a good bounce level...got 4.2pips

Monday, May 10, 2010

#1


#1: and the madness continues...the dow jones opened up 400 points today which is amazing..today i am stopping after this one trade for a winner as i do not trust any move rite now, it is all a bit haywire and i'll wait for things to settle a bit..im watching the euro jump all over the place so i'll be happy with my few pips on this trade and done...just caught a bounce after a strong down move..time to hit the golf course haha

Saturday, May 8, 2010

Friday #2


#2: we are down on the euro so looking for signals to go short...got the red and yellow to hop in short and rode it for a nice 5...great day for trading so far

Friday's Trades


Trades from Friday after the U.S. employment numbers....the market is very volatile rite now so I stopped trading as soon as I had grabbed these two solid trades..more than enough pips for today so I'm calling it an early weekend...

#1: rite after the news got a huge push down then a pullback and i hopped in looking for a push down again...grabbed over 10pips sweet

Thursday, May 6, 2010

#4+5


#4: getting a move up or retrace...yellow signal came to short and i hopped in but had to exit for a loss as the momentum carried price even further up...

#5: waited on the 50sma which was just above to short it and got back just over a pip of the loss, however did not manage the trade well as it continued lower..it was looking as tho it would push up again so i pulled the plug..decent day tho there were plenty more pips on the table..the euro is dropping hard and showing no signs of slowing rite now so we'll see what happens tomorrow

#3


#3: again a short signal, this time only red with no yellow..these still are solid however most times i like to wait on the red/yellow...took this one for a few tho

#2


#2: caught this red/yellow signal for a couple pips

#1


#1: well the euro has been sold off for most of this week..today is no exception so i am looking at taking short signals for some pips...here is the classic red/yellow to short however i missed...i did take a further push down a bit later for a few pips..typical rainbow formation with a pullback then out comes the flame for another move down

Thursday

Internet issues have kept me out of the market for the last 2 days...I am actually borrowing someone's internet to trade today...the Euro has sold off considerably and I am looking to take advantage of the weakness..will start trading momentarily..

Tuesday, May 4, 2010

Back in Action


Back home after 2 weeks of travelling and other commitments..the euro has been all over the place (mostly down tho lol) with all the Greece news etc so I'm looking to hit the markets hard for the month of May...

#1: here's my first trade today just after news at 11am..we were down big on the euro overnite in london so looking at shorts..grabbed this on a spike and stayed the course for about 5 pips