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Author: [Investments] Topic: Ill just end up walking in the cold November.....FOREX
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#51
Posted: 11/15/2009 10:01:16 PM
JPY was good....I like a few more here,looks as though we could see some crosses b4 morning....ill check back after a few hrs and see if they keep heading that way....
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#52
Posted: 11/15/2009 10:17:55 PM
Nice trade..


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#53
Posted: 11/16/2009 7:44:41 AM

Walli was lucky with JPY looks like the high was the low 70s..but ill take it

I was waiting for EUR/GBP to cross and it did i but passed out watching the Pats game...was just barely good enough to get our 20 but with that pair we can go for 15 or so and get the same return...

I also liked GBP/USD it looked to be kinda toppy and the RSI was over 80....was good for us to get into....but again i was

Dont like anything right now ill check back in a few hours...GL if any of you guys trade this week

 

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#54
Posted: 11/16/2009 12:38:15 PM
noticed that Eur/ UsD dropped like 70 pips and got rejected by 61% fibbonacci Bought it at the 61% level which (depending on your drawing skills) is right around 1.4895

already looking @ 30 plus pips, but if this thing goes a little further I may hang onto it for a while.

depends on how the 1 hr candle closes @ 1


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#55
Posted: 11/16/2009 12:42:13 PM
eh,  have to run,  not leaving this one open. 

out @ 1.4926  

learning it is better to be ahead and not so greedy . 

31 pips isn't bad. 
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#56
Posted: 11/16/2009 1:21:50 PM
damn, missed out on another move up,
should have waited..
oh well.

looks like it is going to play ping pong between the 78% and 61% for a while. 

 
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#57
Posted: 11/16/2009 2:26:41 PM
broke the 78% resistance and is moving up nicely.  a little retracement from the 1.5012 resistance line, but it could move higher yet first to the resistance levels about 25 pips away, and then to a new 20 day high above 1.062 .

Going to have to wait and see, I already missed the big move up, sittin on my hands waiting for some confirmation.
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#58
Posted: 11/16/2009 2:28:28 PM
new high should read 1.5062
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#59
Posted: 11/16/2009 8:11:38 PM

Very nice Rick

Selling GBP here and just about to leave for work...cossed om the 1hr about to cross on the 2hr and 4hr looks toppy....looking for 20 entry 1.68319

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#60
Posted: 11/17/2009 7:37:28 AM

Well i was out of GBP about 10 mins after i left for work...was good for at least 60...i almost went with JPY instead,it was good as well...

We had some crosses go through in the middle of the night...dont like anything right now....ill scan the charts again around 9am or so....GL fellas

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#61
Posted: 11/17/2009 10:49:25 AM
has anyone read adventures of a currency trader  just got it a while ago, and am about half way done, it is really short but pretty descent so far. 
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#62
Posted: 11/17/2009 6:29:10 PM

I'll check it out Rick

Im gonna take a shot with a BUY in EUR/GBP here 88.452...going for 15 here

 

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#63
Posted: 11/17/2009 6:53:25 PM
buck,

On a daily chart that pair is very oversold, but are you basing it off the ADX/+DI?

I see on a day chart that the ADX is 24 or so and the +DI is about 10.

I would imagine it is a gut trade, the 4 hr charts are even worse..
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#64
Posted: 11/17/2009 7:00:45 PM
Yeah the charts are great but the RSI doesnt spend much time down here....DMI not far from a point thats its bounced off of several times last few months....more of just a gut trade i guess...but the 2hr is what really got me in....we'll see how she goes....i gotta leave at 8:30 so im hoping to see it move my way some here b4
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#65
Posted: 11/17/2009 7:19:48 PM
got in Eur usd about an hour ago, 
If im not mistaking it looks like it is filling the criteria for your trading system, and it is also about to break the the resistance level of 1.4895 (61% Fib) 

also has a bullish engulfing pattern on the one hour chart followed by a bullish star for confirmation..

could be a very strong short term trade boys. 
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#66
Posted: 11/17/2009 7:22:49 PM
have to go out on a double dinner date, think i will be monitoring this trade at the dinner table,  (rood I know) 

Thank god for Iphones, and Iswim.  allow me to discreetly trade at work, dinner, movies etc.  
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#67
Posted: 11/17/2009 8:21:47 PM

Im out...got a bit more than my standard trade amount...id rather be at work not thinking about it...makes it was hard to pass up

Ill be here in the morning

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#68
Posted: 11/18/2009 5:49:35 AM
the eur/usd trade ran just about 80 pips ,  my limit was 85

now seeing a long red candle that is setting up a bearish engulfing pattern, and im not going to wait around for my profits to be sapped.

out with 61 pips. 
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#69
Posted: 11/18/2009 7:37:30 AM

Well EUR/GBP was good for 3x my limit....but ill take what i can get...

Is it me or does every 4hr chart look the same

Ill look over them again b4 i hit the sack

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#70
Posted: 11/18/2009 10:30:20 AM
Nice trade fellas..

That EU trade is good for 70 now which is rare on that pair.

At some point, if that EU.AUD gets down to 1.54 it has to be a MONSTER buy....
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#71
Posted: 11/18/2009 3:09:01 PM

I agree Wall,just looked at the chart....i just dont stray much from the USD pairs...though i do trade EUR/JPY and EUR/GBP<<<that trade now woulda been good for 100 pips....

I like JPY looks to be toppy here gonna try a sell at 89464...going for 20

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#72
Posted: 11/18/2009 5:10:09 PM
damn,  should have waited for the hour close to close out that position. 

would have been about 40 pips richer.

oh well.  still happy

looks like eur/usd is having a hard time going past the 78% resistance,  at 1.4969 

keeping a close eye on this one

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#73
Posted: 11/18/2009 8:19:37 PM
Well if flirted with my limit a dozen times last couple hrs...finally just tokk it out...nice it happened right b4 work....ill be back in here in the am....GL fellas
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#74
Posted: 11/19/2009 7:28:35 AM

Im gonna jump in GBP on a buy here...like the 2hr...bottom bottom..1.66254.......looking for 20

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#75
Posted: 11/19/2009 9:48:20 AM
The USM down means the USD up so far today.

The Yen and the USD have been spiking while the AUD and LB doing the opposite.
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