Stockmarket Trading, Forex, Commodities.

[Paulo1]

Hi Chivas.,

The Dax has hit that number 7000.

Edited July 12, 2011 by Paulo1

[Paulo1]

Dax now down 100 points at 0825 BST

Big gap down, 7.341.54 at writing. I would wait for a 1hr close before any entries. 7,300 minor support , could test 7000. The daily chart setup is bearish and would be a seller on rallies to resistance zone 7,400 and watching the 30min candle high of 7358.50.

Confident that reversal from last week should continue.

here it is 7000 hit

[anon676545345]

USD index at important zone 75.99 has had a high 76.15 looking at 77

I'd like to see close above 76.5 on daily

[Paulo1]

USD index at important zone 75.99 has had a high 76.15 looking at 77

I'd like to see close above 76.5 on daily

Yes, but that .5 would reflect nice on currencies.

[Paulo1]

No clear signals at present. Had a HUGE run after NFP.

[Paulo1]

No clear signals at present. Had a HUGE run after NFP.

On the 4hr candles am just looking at the price action in relation to the candle tails.

[Paulo1]

GBPUSD buy 1.5934 stop 5857 T1 6055 , T2 6111

Looking to sell USDJPY also

Edited July 13, 2011 by Paulo1

[badge]

Anyone have any problems trading from Thailand with slippage. My brokers are UK based and was thinking about trading from Thailand for a while and was just wondering which ISP's are the better than others. Ping/latency/reliability etc. Although i'm not a scalper i do trade off 5 minute charts.

Thanks in advance.

Not sure if anyone else is connected to London, but bandwidth depends where you are in Thailand? Or at least it did in my experience. Any slippage will be more down to the broker than net latency I imagine.

Personally I had to leave Phuket as had huge latency issues and have been in BKK 5/6yrs now, and in general its got noticeably better.

Originally had dedicated leased line via pafcificnet in singapore that was routed directly to MFglobal in London, and it was good 90% of the time, but 250k pcm.

Nowdays you can just use a business line (larger bandwidth) with True internet or even a personal ADSL line if you go for the 10MB package, which of course you wont get anywhere near; mines clearly been limited to 1mb down/100kbps up.

TIT

[Paulo1]

Cad looks to have some strength.

Am looking at GBPCAD , EURCAD as a sell Also watching the USDSGD for a possible sell.

Cable buy placed earlier has consolidated l between 5900 and 5955 zones. Candles presently look bearish. on 4hr GMT+2

Waiting Euro opening.

Edited July 13, 2011 by Paulo1

[Paulo1]

Cable trade posted earlier I am taking 1 position off at 1.5996, Stop move to breakeven

[Paulo1]

Welcome Neil.

[Paulo1]

GBPUSD buy 1.5934 stop 5857 T1 6055 , T2 6111

Looking to sell USDJPY also

Target 1 was changed to 1.6995, target 2 remained and both targets hit. Plus 180 pips

[Paulo1]

USDCAD have placed a small sell in at 9665 Stop 60 pips T1 70 pips T2 110 pips

[Paulo1]

BUY EURAUD at 1.3215 stop 3129 T1 3339 T2 3397

[Chivas]

Hi Chivas.,

The Dax has hit that number 7000.

Boy did it !! Another class forecast-well done. Have been away from markets for a few days (holiday) but you were certainly spot on !!

[Paulo1]

Hi Chivas.,

The Dax has hit that number 7000.

Boy did it !! Another class forecast-well done. Have been away from markets for a few days (holiday) but you were certainly spot on !!

Thanks mate,

Cable trade yesterday was a beauty also , was posted 8hrs prior move, not too much heat and got 180 pips off it.

EA trade not looking good, may close it, that 1hr 1hr top pattern is to strong to ignor.

[Paulo1]

Must admit to my ego, posted some bloody good signals recently.

Strange people on this forum, a mate said,if you are looking any compliments from Thai Visa forum, forget it...lol

so my plan is to post results, not signals..lol

Edited July 14, 2011 by Paulo1

[Paulo1]

Starting to think EA and USDJPY are the two apples i should stay away from, but i will hold on.

EA daily is strong, have a daily pivot number 1.3173, S1 3137 and the stop on this trade is 3129, does that make sense?

Think the USDCAD short will produce.

Edited July 14, 2011 by Paulo1

[Paulo1]

If it was a perfect world, this may happen

[Chivas]

Must admit to my ego, posted some bloody good signals recently.

Strange people on this forum, a mate said,if you are looking any compliments from Thai Visa forum, forget it...lol

so my plan is to post results, not signals..lol

Keep em coming !!!

[Paulo1]

[Paulo1]

BUY EURAUD at 1.3215 stop 3129 T1 3339 T2 3397

Closed at 1,3186 loss 30 pips

[Paulo1]

USDCAD have placed a small sell in at 9665 Stop 60 pips T1 70 pips T2 110 pips

Both targets hit, re entered 9580, presently sitting on 50 profit

Went short AUDCAD 1.02714 first target hit 1.0201 stop moved to 1.0216 current price 1.0141 on the close.

Sold EG 8766 still holding. have taking some off the table.

sold Cable 6130 for 30 pips.

[Paulo1]

This coming week looks to be USD weakness . Gold will hit 1600, then reverse before heading north to 1650.

Some great opportunities on currencies.

[Paulo1]

27th June 2011 I will began post free signals based on the Daily and 4hr Charts for FX, Gold and Silver. Trades will have entry, stop, and targets.

There is a big shift happening in the markets at present.

Just to update you on the grammer and bad smelling, "free signals based on Daily and 4hr charts" to clarify everything, the wording was not to motivate you to buy my free siganls (which r free) but was rather to alert you to all the scamming brokers and MT4 traders trying to get your cash. I believe my free signals have produced larger profits than signal services which you have to pay for., and for FREE, plus the educational value, well thats an added bonus.

If anyone is in dispute with this, please post. No dought i will hear from Badge as he works in the financial industry and relies on you as a customer to get commission, thus being the reason i suspect he dislikes my Free signals.

Edited July 17, 2011 by Paulo1

[Paulo1]

EA charts, why i entered , then loss. To much going on i think

Edited July 17, 2011 by Paulo1

[Chivas]

Paulo1,

As I mentioned previously I am 95% an Indicies Trader with very occasional forays into Sterling/Dollar and Euro/Dollar.

I see the debt mountain facing the States has surfaced again over the weekend with Obama being warned in no uncertain to cut expenditure across the board.

The £/$ finished more or less flat friday.

My view is when markets open we may well see a sustained rise in favour of Sterling.

You mentioned couple posts ago you think Dollar weakness is in the offing ?? (Your analysis on Gold is noted likewise.)

My views are sentiment driven rather than any technical analysis ??

Any thoughts ??

[Paulo1]

Paulo1,

As I mentioned previously I am 95% an Indicies Trader with very occasional forays into Sterling/Dollar and Euro/Dollar.

I see the debt mountain facing the States has surfaced again over the weekend with Obama being warned in no uncertain to cut expenditure across the board.

The £/$ finished more or less flat friday.

My view is when markets open we may well see a sustained rise in favour of Sterling.

You mentioned couple posts ago you think Dollar weakness is in the offing ?? (Your analysis on Gold is noted likewise.)

My views are sentiment driven rather than any technical analysis ??

Any thoughts ??

My long term view on gold is bullish, I mentioned possible reversal at the number 1600, thats just from a trading perspective . currently at 1597.98 as i write this. The weekly and daily charts are very bullish and i think we could see 1650 and much more.

I also like the look of Sterling, I would prefer to find a entry long around 1.6027 area, will see how the day shapes up with Euro opening later.

[Chivas]

Paulo1,

As I mentioned previously I am 95% an Indicies Trader with very occasional forays into Sterling/Dollar and Euro/Dollar.

I see the debt mountain facing the States has surfaced again over the weekend with Obama being warned in no uncertain to cut expenditure across the board.

The £/$ finished more or less flat friday.

My view is when markets open we may well see a sustained rise in favour of Sterling.

You mentioned couple posts ago you think Dollar weakness is in the offing ?? (Your analysis on Gold is noted likewise.)

My views are sentiment driven rather than any technical analysis ??

Any thoughts ??

My long term view on gold is bullish, I mentioned possible reversal at the number 1600, thats just from a trading perspective . currently at 1597.98 as i write this. The weekly and daily charts are very bullish and i think we could see 1650 and much more.

I also like the look of Sterling, I would prefer to find a entry long around 1.6027 area, will see how the day shapes up with Euro opening later.

Duly noted and thank you.

Chivas

[Chivas]

Sterling down at 1.6089 as I type....