Wednesday, October 29, 2008


Fade the EY
+19
+8

2min macd working well. should have fibbed my way into this.

Monday, October 27, 2008


2min macd is working very good.
The gap on sunday from the e/u was preceded by my 2min macd- a 50 pip move as well as this beast tue london trade of 200pips in short order. Saddly beast was 30pip spread. The lower high was the first signal. The 1min stoch was in agreement and then the first lower high with the 2min macadoodle was the trigger.
I did not take these trades but it is giving me confidence to use this 2min bar more and more.

Wednesday, October 22, 2008


Part2 of CAD/JPY trade
bah this thing now moved 220plus pips in my direction.
too bad i got out at +47pips.

Note how price is riding the 5sma in the 1hour chart, keeping its closes below it. That would have been 3weeks of profits instead of 3days worth.

CAD/JPY trade



Took a news trade, on the 1min. approx 4:41am(0430news)
Bah I should have gave it more room.
Oil inventories came in at a surplus, which fundamentally will be weak for the CAD, the jpy was the strongest pair at the time. So chose the CAD/JPY before the news.
On the news hedge funds began pumping money into the CAD/JPY, oil, etc...or were covering. CAD/JPY spiked, then i waited for the reverse fib with stocs confirmation and once I saw red pulled the trigger.
Here's a shot, this isn't the exact charts i took the trade on, I have to get the template set up on this cpu.
Note- silly me i held this one too tight and it made 120pips as of now with only a few pips negative(the chart SHOWS a be, but the mb platform went negative a few pips. I actually wanted to go back to sleep, i thought s2 was a good target or be. Looks like this would have been a good spot/swing. It was at the right time for a spot as well.

short 3 @ 79.39
cover 1 @ 79.27 +12
cover 1 @ 79.25 +14
cover 1 @ 78.92 (s2) +47

Monday, October 20, 2008

Took a fade.
+7
+25
Basically the eur/usd made a new low on the 4hrs. ?Kept going lower, we were coming into London open at 9pm Hawaii, so I looked for upcoming support, we hit s1, then I looked for a reason to long, Ended up taking a market order long on a higher bar, unfortuantely it put me at the top of the range, buying into resistance against a down trend. But we had moved very fast and I was temporarilly down 10 or so pips then it began working in my favor, my sl was a lower low, but we ended up going up. I wanted half of my order out at 60 the round number 8pips plus my entry, then the exit at a fib point which was 70/80 the psychological numbers and places where people put a lot of orders in.

So tonight I am up +40 even with the sloppy orders. I need to get better at entering on this platform.
The good tonight was that I was patient and not overly eager about trading. I waited and took my shot like a sniper.

mon pm(tue london)
made a decent trade off of 2min macadoodle...missed the double bottom trendline long, got in on the 2min macadoodle cross.
problem was my limit order on the platform.
i knew 30 would be resitance so wanted to cover half at 30 for a plus 13, then the other half to break even, ended up making a whole new order instead of cover.

+13
+1
-5(accidental order)

Thursday, October 16, 2008

Wed HI(thurs london)
Two trades- about 6pm HI, midest
going for the carry.

GBP/USD
5/8 cross on 15min @ 1.7281
covered
1.7234 +47
1.7238 +43

USD/JPY
5/8 cross on 15min for 0 p/l

Wednesday, October 15, 2008


+8
+12
Took this off a double top on the 1min point and figure, at the peak of this it was a +39. Again I should have took map or more.


A few trades a little late in NY, the 1min was channeling, then spiked on news. I traded the news channel/channel break. Need to get a little more better with the mt4 trading platform. Turned a winner into a 23point loser. At the peak it was +23 then turned it into a -23. wtf? anyways reminds me to take my map on half my size. Looking at the chart there were a few places to enter, at the bottom of the channel a 5/8 cross occured on the 1min, then the first news fib at 38.2%, then the news fib I took outside the channel.

Monday, October 13, 2008


short e/y
nice trade for me
+20 or so
+60

Sunday, October 12, 2008

Faded the short term move into the long term direction. Took 15pips right away, then let it run, then took the other 15 or so pips as it came back.

Friday, October 10, 2008

Missed trade

Well that missed trade ended up being the spot trade for the NY session.

Going from 1.3617 to 1.3258 which comes out to 359 pips.

Bah...I was so close to pull the trigger. I should have checked the long term charts 1 and 4hr. It clearly showed a descending trendline in the 1hr that was overlapping with a daily pivot and weekly pivot zone with pressure from the 1hr 55 and bollinger band going into the long term trend.

I have got to wake up at 300am(HI) to begin to get a feel for the market so I can look for the spot trade that occurs between 4:00am-4:36
I also must remember the pre market whips caused by hedgefunds.

Ah well I chalk it up to world experience and atleast I caught a nice trade in the London session locking 15pips in for half my size and the other half at 22pips.

Been having CPU problems


Sucks lately, my cpus are not up to par.
My primary is down and I am only able to use my secondary and tertiary, which I was finally able to get my correct layout up, but the cpu is slower and only has a limited amount of memory.

Did a demo last night, locked in 15pips, then let the rest run and it showed signs of reversal so i took the rest of the profit at 22pips.

Here's a missed trade this early NY, the missed trade is up 100pips right now...wth. Well it seems like I am back with my cpus, this weekend I am also going to try to buy some a new cpu, not sure if I am going with a new desktop, as I trade from two locations, home and work, so I may have to get 2 new cpus. The laptops keep crashing on me, it's the long hours runnning.