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raczekfx replied Oct 5, 2006If you're referring to USD/JPY then, my answer is no, I'm not afraid. I posted, I think in this thread before, that I am and I will continue to short every up tick on this pair near and above 118 until it breaks monthly trend line. My risk is very ...
Bagovino Method
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raczekfx replied Oct 5, 2006Not much of shocker, but fading spikes in fiber in cable today should be a good bet, at least till tomorrow 8:30 EST
EUR intrest rate statment
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raczekfx replied Oct 5, 2006my usd/cad sell limit order was executed yesterday @ 1.1302. I didn't pay attention to eur/cad, but it's likely to go up some more if it breaks 4320/40 (strong resist) I'm also short usd/jpy since yesterday again. 1.1792 & more 1.1818. I see this ...
Bagovino Method
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raczekfx replied Oct 4, 2006hi stoka, you can just ignore them (unrelated to bago system), as I forgot to remove them before posting chart. email me if you need more info, but those were just areas closely watched for possible trades. r
Bagovino Method
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raczekfx replied Oct 3, 2006Thanks Stoka, that’s ‘IT’. If this is the only thread, you ever read and practice setups, you will be a successful trader. I strongly believe it to contains invaluable information, of much higher value, than you find in various trading books. I ...
Bagovino Method
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raczekfx replied Oct 3, 2006Pure price action with a trend, since yen is used for carry trades. I also had some counter trend trades, but they carry considerable amount of risk, so I will not discuss it.
Bagovino Method
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raczekfx replied Oct 3, 20061. 130+ and previous month revised higher. 2. nice spike higher on cable (60-90pips) then reverse 3. opportunity to long dollar next week
NFP 10/6
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raczekfx replied Oct 3, 2006Sometimes, not very often, trade it if hoovers near the bottom or top Yes, it's my bank
, but due to it's volatility, I don't use bago for this pair.Bagovino Method
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raczekfx replied Oct 2, 2006cable — Kev, Kev, you'd like to know everything at once, bro
You know my entries and initial stops; let's spend some time mastering those setups first. When I think, time is right and I'll have something good to share, I will. If you must ...Bagovino Method
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raczekfx replied Oct 2, 2006Trading a break of 117.45/50 should also be a profitable from a daily perspective. I like to get in trades early and then ride it. It seems to be easier for me trading that way.
Bagovino Method
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raczekfx replied Oct 2, 2006I was using 2 units initially but moved to 3 as my account grew. 3 units give me more flexibility. To be honest, I used something similar to Mouteki way of trading in the past (read his thread if you haven’t yet), but got to many false break outs. ...
Bagovino Method
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raczekfx replied Oct 2, 2006I just closed 1/3 of my positions in cable and usd/jpy. Kind of a reward for good setups.
Bagovino Method
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raczekfx replied Oct 2, 2006I think, it will be a start of 1-2 day downtrend on all yen crosses. Check gbp/jpy and eur/jpy; they're stalling. It's just an opinion, not recommendation of course. My favored money machine is gbp/jpy, but I will ride cable and usd/jpy this time ...
Bagovino Method
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raczekfx replied Oct 2, 2006
Great canados, I trade 4hr and dailies (much easier then 1hr, that's for me of course) and near good support/resistance level. I will go down to 1hr to fine tune entries and check for bago signals to confirm my trades. I wouldn't mind a ...Bagovino Method
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raczekfx replied Oct 2, 2006Thanks MoneyM, I'm glad you're doing all right as well.. I have one more month left (maybe less) of testing this method on a dedicated account, and then I will implement it on my full size account. That Thursday trade was a bummer and I should've ...
Bagovino Method
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raczekfx replied Oct 2, 2006USD/JPY — Anyone short this cross? I have opened initial short position last Friday around 118.10. My limit sell was hit last night @ 118.30 for a second half. It's a free trade now. Let's see if reach 116 by Friday...
Bagovino Method
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raczekfx replied Oct 2, 2006Any one long cable last Friday? — My initial long trade on Thursday, taken off TL (horizontal blue line) was stopped out: -30 pips. Second long taken Friday (orange horizontal) is finally paying off (almost +200ps), but came 14pips of being ...
Bagovino Method