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trader101 replied Feb 7, 2007I maybe wrong with USD/CHF but if i am right and it passes through 1.2424 it is going all the way up to start a LONG trend.
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trader101 replied Feb 7, 2007If someone wants to scalp USD/CHF is good for scalping BUY it may go up to 1.2424.
Simplicity is the Key
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trader101 replied Feb 7, 2007There is a certain calculation that i do to determine that real market medians. The High median, the low median and the middle median. This median varies to the time region of your chart selection and depending on the Curency pair you are using, ...
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trader101 replied Feb 7, 2007Estimated Entry to Trending Zone USD/JPY will enter the SHORT Trending Zone around 19:00-20:00EST. USD/CHF will enter the BUY Trending Zone around 20:00 - 21:00EST EUR/USD that was my Trade # 10 which i made 30 pips and still on the trend. Reversal ...
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trader101 replied Feb 7, 2007My estimate the GBP/USD indicators will enter the Short trending zone by around 17:00 - 18:00 EST if it continue its movement right now. This maybe the last trend of GBP before the week is over. I will analyze the other 3 majors in a little while.
Simplicity is the Key
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trader101 replied Feb 7, 2007I have doubt that we can trade today, seems like all the indicators are moving away except the GBP/USD. The trades #12,#13 & #14 which i did this morning is still going on its trend. If i have not exited earlier, maybe i could made a few more pips, ...
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trader101 replied Feb 7, 2007I am still thinking lucky shot. Give it a few then we can comfortably say, it is working. Kind regards,
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trader101 replied Feb 7, 2007No movement — Quick Check on the charts, nothing is moving much. -Eur/Usd -- 25 away from the trendzone -- moving towards -Gbp/Usd -- 23 away ---moving away -Chf/Usd -- 29 away ---moving away -Usd/Jpy -- 20 away ---moving towards -Eur/Jpy -- ...
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trader101 replied Feb 7, 2007See you around noontime, when big signals are expected to come out, the CHF and the GBP
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trader101 replied Feb 7, 2007--close (T12) EUR/JPY - Gain 70 --close (T13) USD/JPY - Gain 20 --close (T14) NZD/USD - Loss -5 CLOSED TRADES (for this week) Trade #1 Closed Gain +90 pips Trade #2 Closed Loss -24 Trade #3 Closed Loss -17 Trade #4 Closed Gain +20 Trade #5 Closed ...
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trader101 replied Feb 7, 2007I was reviewing my notes about NZD/USD why it is hard to come to positive. I broke one of the cardinal rule according to the notes. Avoid trading against your other trade (currency wise). My bad USD/JPY long then NZD/USD long??In conflict. OK at BE ...
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trader101 replied Feb 7, 2007Open Trades update ESTIMATED TP's Trade#12 B EUR/JPY (156.03) --- Between 80 to 100 pips Trade#13 B USD/JPY (120.46) --- Between 30 to 50 pips Trade#14 B NZD/USD (0.6834) ---CLose even at 10 to 15 pips
Simplicity is the Key
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trader101 replied Feb 7, 2007Open Trades updates RAISE STOPS Trade#12 B EUR/JPY (156.03) Raise SL 156.43 (sure gain 40 pips) Trade#13 B USD/JPY (120.46) Raise SL to BE Trade#14 B NZD/USD (0.6834) Currently -5 (back to negative again)
Simplicity is the Key
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trader101 replied Feb 7, 2007Open Trades updates Trade#12 B EUR/JPY (156.03) Currently +71 Trade#13 B USD/JPY (120.46) Currently +24 Trade#14 B NZD/USD (0.6834) Currently +0 (finally not negative)
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trader101 replied Feb 7, 2007For those who are monitoring this trade, maybe by noon time (EST) two big signals will be coming out the USD/CHF and the GBP/USD capable of giving 50 pips. Just watch it out.
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trader101 replied Feb 7, 2007Thanks, bro. Stay awhile i know the CHF will come through later which is big too.
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trader101 replied Feb 7, 2007Update — Update Trade#12 B EUR/JPY (156.03) Currently +63 Trade#13 B USD/JPY (120.46) Currently +16 Trade#14 B NZD/USD (0.6834) Currently -6 I always have a problem with NZD, for this week. Maybe i should stop trading it.
Simplicity is the Key
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trader101 replied Feb 7, 2007Open TRADE #14 BUY NZD/USD @MP (0.6834) --SL 25 pips --TP - TBA
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trader101 replied Feb 7, 2007Open TRADE #13 BUY USD/JPY @MP (120.46) --SL 25 pips --TP - TBA
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trader101 replied Feb 6, 2007TRADE #12 (BUY EUR/JPY @ (156.03)) Watch out for the Big Brother of this pair. The USD/JPY will deliver the same.
Simplicity is the Key