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mike w replied May 13, 2009Whoa! So this is where you guys all hang out at eh?! How's it going gents? I'll be reading through the whole thread this weekend and hopefully tagging along! I'm not updated yet, so I'm not going to throw anything out there that isn't in form. Hope ...
Trade what you see NOT what you expect
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mike w replied May 13, 2009Well, the one hour cooperated so now we'll see what happens for the 4 hour bar in a bit. I'm going outside! Damn, it's a beautiful day to be alive.
MW's trading journal
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mike w replied May 13, 2009There's a nice possibility coming up on the eur/nzd. This hour may close as a pin bar, but I am going to wait for the 4 hour to close out and break below before any entries. First area of support is 2.2650. I'll be playing this with 3 positions. ...
MW's trading journal
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mike w replied May 13, 2009Stops are set to break even on these trades as they run through. The weeklies are bearish biased. The nzd/usd and nzd/jpy trades are set to break even as well.
MW's trading journal
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mike w replied May 12, 2009Nice looking on all notes Roger! That .5900ish area looks like it could be rough if we even get there at all. If we do and break past, I'll be setting my stops right down above that. I'm also doing this trade in sections like you are. First stop at ...
MW's trading journal
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mike w replied May 12, 2009I've jumped in on the aud/cad and also the gbp/chf short. These are based off the hourly charts until we see a break on the 4 hour charts then I will place my stops lower and add to the aud/cad. entries were at .8887 and .6885.
MW's trading journal
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mike w replied May 12, 2009Yeah I hear that my man. That's why I've been staying away a bit as I don't normally trade the lowers. And awesome for sharing! Here's one to look at if you trade the gbp/chf. I posted the chart in the James16 thread. It's looking pretty nice if we ...
MW's trading journal
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mike w replied May 12, 2009Here's one to keep watch for at the moment. The weekly is downward biased as well. We're in rough waters at the moment if you look at the daily however. 200 pip range until the next support. That is only IF it closes and breaks as is. This is just a ...
james16 Chart Thread
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mike w replied May 12, 2009ya know what brother, I haven't really seen too much an cable that's been impressing me lately. There hasn't been any really solid pa on the weeklies or the dailies for me. I know cable's your gem though, how's she been treating you?
MW's trading journal
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mike w replied May 12, 2009Nice trade my man! I'm thinking the same, however with a grain of salt. Check out the support turned resistance area at 1.1800-1.1850. This could just be a test of that area and then short again. I'm no fortuneteller though, so we'll just see if and ...
MW's trading journal
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mike w replied May 12, 2009I was stopped out of my eur/jpy and cad/jpy positions in profit on the sunday open, while the aussie trade is still running strong. I'll be closing it at .7700. Other than that, I jumped in the BEOVB on the NZD/JPY and the bearish pin on the nzd/usd ...
MW's trading journal
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mike w replied May 10, 2009I'm going to take this time out today to say thank you Mom. You've always been there for me through everything. I say it a lot that a few of the guys on this forum are the reason I'm still in this business but barely ever note that my mother is the ...
MW's trading journal
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mike w replied May 9, 2009Oh man! The Usd/cad has been cruising on down as of late. I had a position earlier on it but didn't hold as we were getting to an area of support. That's great. Looking at it, the next major form of weekly support will be around 1.1350 or so. Let me ...
MW's trading journal
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mike w replied May 7, 2009The aussie trade is going along good now. I hope you got in on that retracement Roger! Other than that, I ended up deciding on the cad'jpy and eur/jpy to trade out of the jpy pairs as they are the best situated.
MW's trading journal
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mike w replied May 5, 2009It looks like tonight/tomorrow is going to give us that retracement for the yen pairs by the looks of the daily closes.
MW's trading journal
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mike w replied May 5, 2009I'm thinking it most likely will test that area again as that's resistance turned support zone. You'll be in on a solid entry on that one if it does for sure!
MW's trading journal
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mike w replied May 4, 2009I hear ya on that brother! I'm already in the aussie position again after that IB broke topside and waiting on the retracements just like you mentioned. It's good hearin from ya too man!
MW's trading journal
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mike w replied May 3, 2009Right now, here are the weeklies that look interesting at a glance. I'll be looking further into them as they progress. CHF/JPY EUR/JPY CAD/JPY GBP/JPY AUD/USD - Should have stayed in this trade, but played it very cautiously until that IB breaks ...
MW's trading journal
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mike w replied May 3, 2009The usd/cad hit my limit last week for 200 pips and the usd/sgd got closed for 150. Overall, that was a good week. We have some interesting weekly setups along the board that I'll be talking about in just a bit.
MW's trading journal
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mike w replied May 2, 2009That daily aussie pin never broke down so I closed up the entry on it. Right now, I am waiting on the daily IB to break in either direction and we will see from there. From looking at the charts, my thoughts would be for it to break upward with the ...
MW's trading journal