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CURRENT MARKET TREND: Down on 1/24/2020






Friday, December 17, 2010

***TRADE UPDATE*** Closed AUD/USD long @ .98900

Too much ambiguity and seems the market can't surpass 1246. Although it's game in the past has been to gap over resistance, so a gap up Monday wouldn't surprise me. First trade of December worked, and that's good enough for me.

***TRADE UPDATE*** I'm back and opening an AUD/USD Long @ .98500

I've had fun ice fishing in December and have yet to make a December trade! 30% in November I thought I could take a little time off. I'm opening up an AUD/USD long at .98500 with a tight stop-loss on this trade at .98280. If I/we get stopped out I'll look for a better entry later. Only risking 22 pips, so no big deal.

Thursday, December 9, 2010

SP-500 30m Preferred Count

Here is my preferred count at the moment. Looking to buy weakness down to 1212 area.

Monday, December 6, 2010

***TRADE UPDATE*** AUD/USD Taking profit

Looks like the upside before the correction is limited here. Selling @ .99000