Tuesday, 23 March 2010

LIVE TRADE - EUR/USD order

Short order on June at 13550, stop 13611.

LIVE TRADES - Closed the lot

This market is a bubble which is getting bigger and bigger and it will burst, but not right now

Dow Year End open at 9837 closed at 10708 = -871pts
Dow Year End open at 10249 closed at 10709 = -460

FTSE June open at 5500 closed at 5641 = -141pts
FTSE June open at 5513 closed at 5641 = -128pts

Amateur trading at its best

Monday, 22 March 2010

LIVE TRADE - EUR/USD order

Not had time to do any charts today but looking at it, 1 of 5 of over and we are in 2of5 up. Im looking at a 38.2 retrace back to the 13600 mark and wave 4 of lesser degree. Order in to to short at 13600, stop 13800, limit will see ;-)

Friday, 19 March 2010

EUR/USD Long term chart


Theres a possible 4th wave triangle playing out, which could lead to dollar weakness later this year. Now if we apply some EWT rules to this triangle we could work out some turning points. C waves retrace roughly 61.8 of Wave A in triangles. That gives a figure of 12853. This also could lead to a bounce of the 2005 and 2008 low support line.

How gutted am i......

The euro trade didnt trigger by the spread, missed out on the 100+ pip drop, typical.....

Thursday, 18 March 2010

LIVE TRADE - EUR/USD order

Short order at 13630 on June. Limit 200pips, stop 200pips

EUR/USD Analysis