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CURRENT MARKET TREND: Down on 1/24/2020
Tuesday, November 30, 2010
****TRADE UPDATE**** SDS
Selling all positions of SDS at 27.30. Taking up capital and not making much money!
Tuesday, November 16, 2010
***TRADE UPDATE*** Closing half AUD/USD Short
Closed at .97600
Thursday, November 11, 2010
***TRADE UPDATE*** SDS
Planning on selling SDS, all of it, around 27. I think I got in this trade a bit too early and want to cover. Will add back if/when there is confirmation of a major trend change.
Friday, November 5, 2010
***TRADE UPDATE*** Closing 2 part of EUR/CHF trade
Closing the rest of the EUR/CHF trade @ 1.35400. Not trading this pair again.
Thursday, November 4, 2010
***TRADE UPDATE*** EUR/CHF
Closing half the EUR/CHF short letting the rest run with breakeven stop-loss.
***NEW TRADE ALERT*** AUD/USD
I'm planning on shorting AUD/USD for a daily wave 4 pullback. This should coincide with a pullback in equities in a rise in the USD. I have limit sells in at 1.01500 and 1.01650.
Tuesday, November 2, 2010
EUR/CHF ***NEW TRADE***
EUR/CHF went about 20 pips higher than my stop then sold off. That hurts a little, but I'm looking to get back in the trade on the short side on the wave 2 retrace. I put in limit sell orders for 1.37500 and 1.37635.
Monday, November 1, 2010
McClellan Summation Index
We had a second sell signal on the SI after the close today. The 5DEMA closed under the
10DEMA, which tells me to sell into any upcoming strength. The final trend change confirmation is
the 5DEMA and 10DEMA closing under SI price.
10DEMA, which tells me to sell into any upcoming strength. The final trend change confirmation is
the 5DEMA and 10DEMA closing under SI price.
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