Paulo1 Posted August 8, 2011 Author Share Posted August 8, 2011 Sell limit AUDUSD 1.0157 stop 1.0223 target parity to USD. China alot of news today, so anything remotely negative will be hit the AUD. Link to comment Share on other sites More sharing options...
Paulo1 Posted August 8, 2011 Author Share Posted August 8, 2011 (edited) Trade Timeframe 2months for usdchf trade/ Sell limit USDCHF @ 7560 or above, stop 7754 target 7200/100 adjust position size for larger than usual stop. Sell limit EURUSD @ 1.4178 stop 1,4317 t1 1.3978 t2 1.3873 Edited August 8, 2011 by Paulo1 Link to comment Share on other sites More sharing options...
Paulo1 Posted August 9, 2011 Author Share Posted August 9, 2011 Sell limit AUDUSD 1.0157 stop 1.0223 target parity to USD. China alot of news today, so anything remotely negative will be hit the AUD. As said the AUD should fall and did. Was taken out @9950 plus 200. Watch parity closely, could become resistance or we may see a very fast reversal. Link to comment Share on other sites More sharing options...
Naam Posted August 9, 2011 Share Posted August 9, 2011 Don't like trying to catch falling knives, but FTSE and WTI both at 38.2% fib big gap down on WTI and up on gold so decided to open some swingers, long FTSE 5146, oil 8350 and short gold from 1705. http://imageshack.us/photo/my-images/189/ftse100dfb.png/ aarrrggghhh... Link to comment Share on other sites More sharing options...
Chivas Posted August 9, 2011 Share Posted August 9, 2011 S&P Cuts U.S. Rating for First Time on Deficit Reduction Pact [/url]By John Detrixhe - document.write(dateFormat(new Date(1312592977000),"mmm d, yyyy h:MM TT Z"));Aug 6, 2011 8:09 AM GMT+0700 http://www.bloomberg.com/news/2011-08-06/u-s-credit-rating-cut-by-s-p-for-first-time-on-deficit-reduction-accord.html After the week stocks have just had, holding long over the weekend is a very bold move Chivas, I salute you and hope it gaps in your direction. An amazing week in financial markets, I hope you all did OK. Yes not to be recommended to be honest but sometimes you have to take the bull by the horns !! Was expecting the downgrade in rating for the US but would have been nice if markets had been open when announced.Will see at 0500 monday morning Thai time when (my) market maker reopens. Bold move that has backfired (for now) Opened 114 down with US down 277 on opening. Gold very close to 1700 Took big loss on Dax at 150@£10 but take the rough with smooth. Went to bed with Dax at 5900 still expecting a bounce and its down a further total of 350 this morning at 5554 This is vastly oversold IMHO with opportunity arising shortly. Link to comment Share on other sites More sharing options...
Paulo1 Posted August 9, 2011 Author Share Posted August 9, 2011 S&P Cuts U.S. Rating for First Time on Deficit Reduction Pact [/url]By John Detrixhe - document.write(dateFormat(new Date(1312592977000),"mmm d, yyyy h:MM TT Z"));Aug 6, 2011 8:09 AM GMT+0700 http://www.bloomberg...ion-accord.html After the week stocks have just had, holding long over the weekend is a very bold move Chivas, I salute you and hope it gaps in your direction. An amazing week in financial markets, I hope you all did OK. Yes not to be recommended to be honest but sometimes you have to take the bull by the horns !! Was expecting the downgrade in rating for the US but would have been nice if markets had been open when announced.Will see at 0500 monday morning Thai time when (my) market maker reopens. Bold move that has backfired (for now) Opened 114 down with US down 277 on opening. Gold very close to 1700 Took big loss on Dax at 150@£10 but take the rough with smooth. Went to bed with Dax at 5900 still expecting a bounce and its down a further total of 350 this morning at 5554 This is vastly oversold IMHO with opportunity arising shortly. Everything is oversold, but that is no reason to enter a trade. Wait for consolidation phase and look for a reversal signal. FOMC meeting tonight. Be interesting. CHFJPY trade posted earlier sell "Trades i am looking at today for entry.<BR><BR>CHFJPY sell limit, as yesterday. 130.00 zone " this has been triggered @ 130.25 stop 103.81 sold at 102.84, hold .5 lot and stop entry. Exactly the same trade as yesterday. Link to comment Share on other sites More sharing options...
Paulo1 Posted August 9, 2011 Author Share Posted August 9, 2011 Don't like trying to catch falling knives, but FTSE and WTI both at 38.2% fib big gap down on WTI and up on gold so decided to open some swingers, long FTSE 5146, oil 8350 and short gold from 1705. http://imageshack.us...ftse100dfb.png/ In a strong trending market a 38.2 fib is not a strong number swing high/low. Long the period , stronger the number. In a strong trending market look for atleast 50% fib . 61.8 even better. Link to comment Share on other sites More sharing options...
Paulo1 Posted August 9, 2011 Author Share Posted August 9, 2011 50 mins ,will do a 4hr scan and hope to find something worth posting. All eyes on the AUD. Link to comment Share on other sites More sharing options...
anon676545345 Posted August 9, 2011 Share Posted August 9, 2011 Don't like trying to catch falling knives, but FTSE and WTI both at 38.2% fib big gap down on WTI and up on gold so decided to open some swingers, long FTSE 5146, oil 8350 and short gold from 1705. http://imageshack.us...ftse100dfb.png/ In a strong trending market a 38.2 fib is not a strong number swing high/low. Long the period , stronger the number. In a strong trending market look for atleast 50% fib . 61.8 even better. Yea really need to stop trading counter trend but I felt yesterday there was confluence across a number of markets and a number of things caught my eye wasn't basing the decision totally off the fibs. Came out -180pips across the board yesterday not a good day but could be worse. Thinking of trying to Incorporate Heiken-ashi candles into my trading to stop me taking counter trend trades. Link to comment Share on other sites More sharing options...
Paulo1 Posted August 9, 2011 Author Share Posted August 9, 2011 Don't like trying to catch falling knives, but FTSE and WTI both at 38.2% fib big gap down on WTI and up on gold so decided to open some swingers, long FTSE 5146, oil 8350 and short gold from 1705. http://imageshack.us...ftse100dfb.png/ In a strong trending market a 38.2 fib is not a strong number swing high/low. Long the period , stronger the number. In a strong trending market look for atleast 50% fib . 61.8 even better. Yea really need to stop trading counter trend but I felt yesterday there was confluence across a number of markets and a number of things caught my eye wasn't basing the decision totally off the fibs. Came out -180pips across the board yesterday not a good day but could be worse. Thinking of trying to Incorporate Heiken-ashi candles into my trading to stop me taking counter trend trades. If thats plus 180 pips , thats a great day. Link to comment Share on other sites More sharing options...
Paulo1 Posted August 9, 2011 Author Share Posted August 9, 2011 (edited) Not many set-ups from the 4hr. Do have a sell on cable @ 1.6220 stop 1,6430 t1 6182 t2 6111. prefer a higher sell entry. or can wait for a sell stop @ 1.6220 Eurusd signal from earlier is still in play, last 4hr candle close was right on daily pivot @ 1.4231 USDJPY looks to sell off further. Strong support 76.96 , say 77.00 Gold has presented a 4hr shooting star, These usually gives warning to a trend reversal. There is also weekly r3 in confluence with daily r3. Present support is 1747.29. , 1732.66 to 1726.87 and daily pivot @ 1705.86. Ideal entry being 1758 zone on a retest of the high @ 1772.05 stop will need to be above, 1775 looks about right. target 1 would be 1700. Patience needed and wait for a retest of the high. Otherwise take a 1/4 position at market 1750 area. Moving averages are still showing a strong trend with separation from the 5 period pivot moving average. Stoc is in overbought area. No worth the attention at this point as stoc is best used coming out of consolidation. Abviously there is none here (4hr). would not be buying at these levels. Chart attched. Edited August 9, 2011 by Paulo1 Link to comment Share on other sites More sharing options...
Chivas Posted August 9, 2011 Share Posted August 9, 2011 S&P Cuts U.S. Rating for First Time on Deficit Reduction Pact [/url]By John Detrixhe - document.write(dateFormat(new Date(1312592977000),"mmm d, yyyy h:MM TT Z"));Aug 6, 2011 8:09 AM GMT+0700 http://www.bloomberg.com/news/2011-08-06/u-s-credit-rating-cut-by-s-p-for-first-time-on-deficit-reduction-accord.html After the week stocks have just had, holding long over the weekend is a very bold move Chivas, I salute you and hope it gaps in your direction. An amazing week in financial markets, I hope you all did OK. Yes not to be recommended to be honest but sometimes you have to take the bull by the horns !! Was expecting the downgrade in rating for the US but would have been nice if markets had been open when announced.Will see at 0500 monday morning Thai time when (my) market maker reopens. Bold move that has backfired (for now) Opened 114 down with US down 277 on opening. Gold very close to 1700 Took big loss on Dax at 150@£10 but take the rough with smooth. Went to bed with Dax at 5900 still expecting a bounce and its down a further total of 350 this morning at 5554 This is vastly oversold IMHO with opportunity arising shortly. These markets are all over the place !! Entered a long trade on Dax at £3 and put an optimistic limit of 300 with a stop of 100. Entered at 5597 exited at 5897 on automation, for plus 300, and now dropped back to 5536 as I type ! Link to comment Share on other sites More sharing options...
Paulo1 Posted August 9, 2011 Author Share Posted August 9, 2011 looks like that was a complete waste of time analysiing gold. 1772 still holds, but who knows, crazy markets Link to comment Share on other sites More sharing options...
Paulo1 Posted August 9, 2011 Author Share Posted August 9, 2011 Anyone have any idea why silver is falling? Link to comment Share on other sites More sharing options...
Chivas Posted August 9, 2011 Share Posted August 9, 2011 looks like that was a complete waste of time analysiing gold. 1772 still holds, but who knows, crazy markets Spotted your 1775 short and it promptly fell to 1767 but as you say now 1770 but looks to be dipping again as I type... Link to comment Share on other sites More sharing options...
Paulo1 Posted August 9, 2011 Author Share Posted August 9, 2011 (edited) looks like that was a complete waste of time analysiing gold. 1772 still holds, but who knows, crazy markets Spotted your 1775 short and it promptly fell to 1767 but as you say now 1770 but looks to be dipping again as I type... 1775 still holds. This may not be the reversal, but implies weakness, so all eyes on board. Sold 70% near the low. . I now have 3 trades that have made good money being free carried in the money. No money, no honey, not funny...lol I will be trading the Emini and S&P later tonight Did a huge trade on EURCHF, sold 15 lots 150 per pip. Edited August 9, 2011 by Paulo1 Link to comment Share on other sites More sharing options...
Paulo1 Posted August 9, 2011 Author Share Posted August 9, 2011 I will begin to post some emini and s&p trades shortly if i get a signal. people pay for this.. Link to comment Share on other sites More sharing options...
Paulo1 Posted August 9, 2011 Author Share Posted August 9, 2011 ES trade, look to buy for a target of 1160/55 Link to comment Share on other sites More sharing options...
Paulo1 Posted August 9, 2011 Author Share Posted August 9, 2011 (edited) GOLD, I believe a high in gold has formed 1779.57. Action sell. 1733 to 1760 stop 1782. target Up to you. looking at 1665 Edited August 9, 2011 by Paulo1 Link to comment Share on other sites More sharing options...
Paulo1 Posted August 9, 2011 Author Share Posted August 9, 2011 http://www.federalreserve.gov/newsevents/press/monetary/20110809a.htm. Link to comment Share on other sites More sharing options...
Paulo1 Posted August 9, 2011 Author Share Posted August 9, 2011 (edited) Trade Timeframe 2months for usdchf trade/ Sell limit USDCHF @ 7560 or above, stop 7754 target 7200/100 adjust position size for larger than usual stop. Sell limit EURUSD @ 1.4178 stop 1,4317 t1 1.3978 t2 1.3873 EURUSD was stopped 1.4257 USDCHF entry was trigger at 7520 and the 2 month target was hti in one day, unbelievable. plus 348 on that.. Gold trade i posted , no entry was made. 550 point swing. 15min chart showing resistnce at 1770.68 and 1776.89 and support 1733.58 and 1726.35 Edited August 9, 2011 by Paulo1 Link to comment Share on other sites More sharing options...
Chivas Posted August 10, 2011 Share Posted August 10, 2011 Opened a further long trade at 0245 local time Thailand on Dax and snared another 100 point back. Virtually breakeven after weekends disatrous long trade held over the weekend-gamble that didnt pay off and wont be repeated. Gold back at 1753 as I type. Is a stock recovery over never couple weeks (my opinion only) going to deflate Gold back to mid 1650's ?? Link to comment Share on other sites More sharing options...
Paulo1 Posted August 10, 2011 Author Share Posted August 10, 2011 Opened a further long trade at 0245 local time Thailand on Dax and snared another 100 point back. Virtually breakeven after weekends disatrous long trade held over the weekend-gamble that didnt pay off and wont be repeated. Gold back at 1753 as I type. Is a stock recovery over never couple weeks (my opinion only) going to deflate Gold back to mid 1650's ?? Still don't have a clean sell signal on gold. Link to comment Share on other sites More sharing options...
Chivas Posted August 10, 2011 Share Posted August 10, 2011 Opened a further long trade at 0245 local time Thailand on Dax and snared another 100 point back. Virtually breakeven after weekends disatrous long trade held over the weekend-gamble that didnt pay off and wont be repeated. Gold back at 1753 as I type. Is a stock recovery over never couple weeks (my opinion only) going to deflate Gold back to mid 1650's ?? Still don't have a clean sell signal on gold. Post it when you do Paulo1. Link to comment Share on other sites More sharing options...
Paulo1 Posted August 10, 2011 Author Share Posted August 10, 2011 Opened a further long trade at 0245 local time Thailand on Dax and snared another 100 point back. Virtually breakeven after weekends disatrous long trade held over the weekend-gamble that didnt pay off and wont be repeated. Gold back at 1753 as I type. Is a stock recovery over never couple weeks (my opinion only) going to deflate Gold back to mid 1650's ?? Still don't have a clean sell signal on gold. Post it when you do Paulo1. If i am awake when it see it, certianly will post it. Problem trading from NZ i get alot of signals at 2am and by then i am usualy asleep. Thats why daily close is good here. 10am Link to comment Share on other sites More sharing options...
Chivas Posted August 11, 2011 Share Posted August 11, 2011 Set alarm again for 0245 Thailand time to find Ftse over 300 and Dax 440 down over day. Entered £3 long on both with target 100 points on each.As I type have moved the stops up so both have profits locked in.Am anticipating a fair bounce so will be moving limits upwards as and when. Gold breached 1803 as I type !! Link to comment Share on other sites More sharing options...
Chivas Posted August 11, 2011 Share Posted August 11, 2011 Set alarm again for 0245 Thailand time to find Ftse over 300 and Dax 440 down over day. Entered £3 long on both with target 100 points on each.As I type have moved the stops up so both have profits locked in.Am anticipating a fair bounce so will be moving limits upwards as and when. Gold breached 1803 as I type !! Closed out both for combined 161 points. Up 553 pips for week (net) and even allowing for mondays Dax debacle an excellent one (for me). As I'm meant to be on holday here, thats what I'm going to do until Monday. Hopefully good week for others to. Link to comment Share on other sites More sharing options...
Paulo1 Posted August 11, 2011 Author Share Posted August 11, 2011 Set alarm again for 0245 Thailand time to find Ftse over 300 and Dax 440 down over day. Entered £3 long on both with target 100 points on each.As I type have moved the stops up so both have profits locked in.Am anticipating a fair bounce so will be moving limits upwards as and when. Gold breached 1803 as I type !! Closed out both for combined 161 points. Up 553 pips for week (net) and even allowing for mondays Dax debacle an excellent one (for me). As I'm meant to be on holday here, thats what I'm going to do until Monday. Hopefully good week for others to. Nice trade. Link to comment Share on other sites More sharing options...
Chivas Posted August 14, 2011 Share Posted August 14, 2011 Flat news weekend to date as I type. Personally I think Nikkei will open marginally higher along with US. Will let initial movement settle and open small long trade on Dax and FTSE when market maker reopens 23.00 BST sunday. Target 50 points each on automation. Link to comment Share on other sites More sharing options...
Chivas Posted August 15, 2011 Share Posted August 15, 2011 Flat news weekend to date as I type. Personally I think Nikkei will open marginally higher along with US. Will let initial movement settle and open small long trade on Dax and FTSE when market maker reopens 23.00 BST sunday. Target 50 points each on automation. Opened as expected, pretty much on the money. Snared 63 pips @£3 and closed combined as don't like the way Nikkei has fallen back as I type. Will take further view just before Dax officially opens... Link to comment Share on other sites More sharing options...
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