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SmoothTrader replied Mar 25, 2009I beg to differ!! — I have personally done it twice in my life. Once starting out in the trading pits in 1981 with just $2,000 trading capital, I managed to grow well into seven figures within five years while still living off the income, and ...
(can) small accounts make a living ?!
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SmoothTrader replied Mar 25, 2009Well in less than 24 hours, our "Genius" Mr. Geithner has said "NO" to any reserve currency other than the US$ to the US is "...OPEN..." to China's proposal of an SDR system back to "the US will defend the US$ as THE world reserve currency." It ...
Cesarnc's market talk, gossips, rumours & fun
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SmoothTrader replied Mar 25, 2009Watch today's close. If it is higher than 132.60 it will negate yesterday's pin bar because today's eye would be higher than the pin bar's body. GREEN PIPS to All
Daily PIN Bars
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SmoothTrader replied Mar 25, 2009Kiss Goodbye?? — image It's beginning to look like that spike down to the 131 level might have been just a "Kiss Goodbye" to the old resistance level and changing it into support. Of course a close above the 132.60 level would also help to ...
Eur/JPY 1,500 pip prediction
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SmoothTrader replied Mar 25, 2009Long term charts — Since each contract has an expiration date, long term, multi-year, charts come from using the front month charts. When the March contract expires, the July contract will be the front month and its data will be used. Good ...
Corn futures
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SmoothTrader replied Mar 25, 2009It sure looks ominous, but then again that's what stops are for. I'll keep an eye on it and see if it develops into a short term reversal. GREEN PIPS to All. Edit: Of course if we can get a move above 132.60, and even better a close above that ...
Eur/JPY 1,500 pip prediction
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SmoothTrader replied Mar 25, 2009image If only he would keep his mouth shut like it is in this photo. Then again it is easy to tell when he has no idea what he is talking about. All you have to do is watch and see if his lips move. If they do, he is either lying or has no idea ...
Cesarnc's market talk, gossips, rumours & fun
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SmoothTrader replied Mar 25, 2009Mr. Geithner — Well it has only taken Mr. Geithner less than 24 hours to say that NO the US would not support a new reserve currency to the US would be "OPEN" to China's proposal for an SDR system back to NO the US would not support a new ...
EURUSD
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SmoothTrader replied Mar 25, 2009I had originally purchased @ 125.25 and rode it up to 133.5 when my trailing stop got hit. Now I am back in and looking to add more as we advance. Hopefully this helps. ps. This is one of my long term trades. I prefer to day trade and scalp in both ...
Eur/JPY 1,500 pip prediction
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SmoothTrader replied Mar 25, 2009Had a trailing 100 pip stop that got me out yesterday, but I am back in this morning on the spike down @ 131 and @ 1131.59 when it broke above the upper trend line. Watching now to see if we can break above 132.6. Looks like it will be a battle for ...
Eur/JPY 1,500 pip prediction
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SmoothTrader replied Mar 25, 2009Lucky Guess??? — Did someone have a lucky guess just minutes before that great report or was it a leak????


EURUSD
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SmoothTrader replied Mar 25, 2009ALL Buy Stops are executed on the Offer "Ask Line." ALL Sell Stops are executed on the Bid "Bid Line."
Questions on Pending Order
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SmoothTrader replied Mar 25, 2009First Test — First test of the 131 level is complete, and is currently holding nicely. That doesn't mean it can't test it again, but a nice break above the short term downtrend sure would be nice. image GREEN PIPS to All
Eur/JPY 1,500 pip prediction
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SmoothTrader replied Mar 25, 2009Painting the Charts — Sure looks like they want to paint the charts with some 1hr closes below the Daily PP. Got the GJ down there but not quite in time for the GU. Time to watch and see if there is any follow through or if we are going to be ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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SmoothTrader replied Mar 25, 2009Re-Test?? — Looks like we are doing some backing and filling and getting close to re-testing the breakout area of 130.5 to 131.1 Will be interesting to see if it holds.
Eur/JPY 1,500 pip prediction
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SmoothTrader replied Mar 23, 2009Seems to be holding 133 for the time being. That means only 1700 more pips to go.
Long @ 131.75 SL @ BEEur/JPY 1,500 pip prediction
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SmoothTrader replied Mar 23, 2009Know how you feel. She seems to be "flirting" with us at the 142 level. Time to watch the reaction.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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SmoothTrader replied Mar 23, 2009Actually it is the Noncommercial that is the most important. The Commercial component of the COT report are banks, financial institutions, auto makers, etc. that utilize the futures market strictly on a hedging basis so they do not care, per say, ...
Eur/JPY 1,500 pip prediction
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SmoothTrader replied Mar 23, 2009Looks more like a Bull Flag instead of a channel down. GREEN PIPS to All
Auslanco - GBP/JPY and GBP/USD (newstrade)
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SmoothTrader replied Mar 23, 2009It comes out in just over 1 hour NOT in 10 minutes
Auslanco - GBP/JPY and GBP/USD (newstrade)