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
#3
#1
Thursday, January 28, 2010
#8
#7
#6
#4
#3
#1+2
Wednesday, January 27, 2010
#8
#7
#5
#4
#3
#1 + 2
Tuesday, January 26, 2010
#5
#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
#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
#1
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
#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
#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
#1
Thursday, January 14, 2010
#3
#2
#1
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
#1
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
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