Tuesday, August 10, 2010

#4


#4: Anddd the euro moved even higher...i had my weekly pivot at 24 area, and sure enough we got yellow and a stall just above at 25/26..i shorted at 24 and held knowing this would probly be a key area...exit was at 19 probly calling it a session

#3


#3: Should have held that last buy as we kept pushing higher...missed the yellow around 94 but took the stall above 00...it came around 08 so i hopped in the short at 06 looking for a few as the price bounced back a bit

Interest Rate Statement


Didn't trade this morning as I knew the interest rate statement would provide some nice moves in the afternoon..therefore I worked at the marina in the morning so I could be around the computers in the afternoon..anyway here goes:

#1: A huge spike up after the announcement..once the move looked a bit exhausted I shorted on price action (pause and step below the tma)...out for a few 77 to 74

#2: After the huge move up was expecting some continuation...hopped in at 50 and it hovered here for a bit before breaking back up..love these trades as they are smooth sailing..50 buy and a 67 exit

Monday, July 26, 2010

#2


#2: Almost at the end of my session and we are now getting the momentum i like to trade...took this short off the highs of the day and grabbed a couple on the bounce down..done for the day as i am heading out for the afternoon

#1


slower market today to start the week...it only picked up towards the end of my trading session however i was heading out so only a couple trades today..

#1: intraday trend was up on the 5min chart, got the green/yellow on the throwing for the buy...in and it went against me for a few, probably should have waited till the 5min 50 which was just below..anyway held on and grabbed a pip or so

Friday, July 23, 2010

#8


#8: now we are retracing...this is the hp setup as i am waiting for the throwing to signal red/yellow meaning hop back in the short..it pushed up kind of sharply so i took my first half-position as we got under the tma, knowing that i would look to add my other half at the 'zone' (10ema on the 5min candlestick chart)..it got up to here to i added the other half..first was at 24 the other at 33 giving me an average of 28.5..then waited as price curled around and dropped off..exited at 21 for another 7 awesome day today up over 20 pips and that included a 10 pip loss..back in action next week

#6+7


#6: another price action entry..the bias is down and anytime i see price setting up for a short, i jump in and out..here for about 3 again

#7: expected a bounce at the 00 level as price dropped to it..i got in rite at 00 and waited a bit before i was rewarded with a sharp bounce...+4