I bought 5 lots, 50,000 shares, of USD/CHF at the gap down open today.
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CURRENT MARKET TREND: Down on 1/24/2020
Sunday, January 23, 2011
Tuesday, January 4, 2011
***NEW TRADE UPDATE*** Going Long AUD/USD @ 1.00600
I believe this was a 4th wave correction so we can set a tight stop-loss at 1.00285 so we're only risking 32 pips here with a potential profit of around 400. That's a pretty good risk/reward setup in my opinion.
Good luck!
Good luck!
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
Monday, December 6, 2010
***TRADE UPDATE*** AUD/USD Taking profit
Looks like the upside before the correction is limited here. Selling @ .99000
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.
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