Tuesday, February 7th, 2012

Seems like my internet connection and computer are behaving well today, so the WLW went off without a hitch.  Yea!!  Here’s the link to today’s WLW. Remember to send your comments to the CFTC, if you haven’t already, deadline is March 22, 2010 – so time is running out. Other than that, I wish you [...]

Well, looks like the market wants to goof around, by just looking at the economic calendar it looks like the volatility is coming from interest rates discussions.  Then, while at my favorite news site I found this article.  I think it does a great job of describing this recent USD selloff as well as what [...]

The G/U has retraced to the resistance area we talked about this morning.  I’m watching for a bounce low now.  What are you watching/trading? Recommend on Facebook Buzz it up Tweet about it

If the EURJPY closes below 124.25 I’m willing to take a short position to 122.60 at the most, scalpers will like 123.70 better.  My initial SL will be at 124.85 What are you watching/trading today? Recommend on Facebook Buzz it up Tweet about it

Here are the recordings for today’s WLW.  There are audio problems near the end of our review of the GBPUSD and the EURUSD this link (though the audio is ok on the recording we had no way of knowing that) so we exited and started a new session where we reviewed the USDJPY which you [...]

Pair Daily 4h 1h CADJPY Near the secondary high of the larger consolidation area, looking for a bounce or a break. Impulsive end of week moves in both directions. I think the range will be 89.60 – 88.60 or there may be nest box trades w/ a smaller range between 89-88.70 EURJPY Beginning of a [...]

A lot of people ask me how I feel about automated trading programs.  These are the little bots in your system that look for a certain set of conditions and then execute a trade based on those parameters.  It sounds good in theory, right?  A program isn’t going to get fearful of initiating a trade [...]

If you’re trading today and tomorrow, feel free to use this thread to share your ideas and thoughts. Recommend on Facebook Buzz it up Tweet about it

I just entered a buy position on the u/j.  I think it could go to 91.30, but I’m just going to grab 30 pips off of this move.  SL is at 90.10 Recommend on Facebook Buzz it up Tweet about it

Here’s the archive for today’s WLW. I’ll see you again on Monday, but will keep touch via the blog until then. Stay in touch and let me know what you’re watching/trading.  Be good to you! Triffany —– Watchlist Webinars are free to members and happen on Monday’s and Wednesday’s  at 8am EST.  You can register [...]