Monthly Archives: October 2013
Stay Posted
I’ve been hammering out the kinks of a new trading strategy for the past week, and I’m pretty excited about it. It’s got a high probability setup that actually sees a fair amount of entry signals. I’ll be posting more on the markets and my personal account next week. I’ll also be giving an update […]
Long EUR/USD at 1.36196
Just as I was looking at the 15 minute charts, thinking price would continue to trade in a tight range, we got a big jump and my buy order was hit. I’m waiting for at least a shorter term breakout so I can move my S/L to B/E, but I’m in this for the long […]
The Dollar’s Loss is My Gain
The government shutdown isn’t a big deal…yet. Despite trading down 8 out of the last 10 sessions, the S&P hasn’t actually moved much. Before today, the index had only seen a net loss of 40 points. Despite the volatility, much of the market is essentially on hold right now. Should the shutdown continue into next […]
Stopped Out: EUR/USD
I got whipsawed out of the trade overnight with a small loss. As with the GBP/USD pair, I’m still expecting a continuation in the uptrend. I’ll get back in when price swings back up. Stopped out of EUR/USD at 1.359, -24 pips
Long EUR/USD at 1.36024
President of the ECB Draghi’s comments sparked the fundamental speculation needed to put the pair past it’s technical barriers. A big breakthrough today could be just the start of a long term move. Long 2,500 units of EUR/USD at 1.36024, S/L at 1.3590
Stopped Out: USD/CHF
Price made big move to the downside, taking out my stop loss. I’m going to hold off on getting back in until a breakout occurs on a longer time frame. Stopped out of USD/CHF at 0.90187, -50 pips
Long USD/CHF
My buy order just got hit. I’m liking price action in the pair over the past several hours. We got a bounce off of resistance after making new lows, and the move looked very similar to one made back in February – preceding a massive swing to the upside. Let’s see if price can hold […]
Stopped Out: GBP/USD
I got stopped out for a small gain amidst growing congestion. I’m still very bullish over the long term – setting a buy order just above this tight range on the hourly charts. Stopped out of GBP/USD at 1.6206, +24 pips
CentricFringe 