Saturday, February 4th, 2012

It hasn’t triggered for me yet, but I’m watching the 1.4480 level signal a short trade for me on the G/U. My PT will be 1.4315 or 100% movement of the consolidation area (- wicks), and the SL will be above the recent wick at 1.4590.  Here’s the chart: I watching a very, very similar [...]

Well, looks like with the kids home, it will be NY session or nothing.  I missed all of the late day trades that triggered.  Did any of you get them? Since I missed all the moves we talked about in yesterday’s WLW (the nested box trades and the Loonie climb (which has hit the 200% [...]

Remember:  The purpose of these trade alerts and watchlists is to keep discussion going about what’s going on in the marketplace.  It is not my intention to have you trade what I trade, simply to tell you which trades I take that we’ve talked about at the WLWs. In order to make this the best [...]

Remember:  The purpose of these trade alerts and watchlists is to keep discussion going about what’s going on in the marketplace.  It is not my intention to have you trade what I trade, simply to tell you which trades I take that we’ve talked about at the WLWs. In order to make this the best [...]

I’ve taken the 1h E/J break of support w/ PT 122.75 and SL 124.50. It broke with such gusto, that you may want to wait for the retracement to enter the trade at a better R:R. Let me know what you’re watching/trading. Remember:  The purpose of these trade alerts is to keep discussion going about [...]

Our Short E/U took off!!  Woo hoo!!  I think we could get a slight retracement toward 1.3150 and then another break southward. The G/U broke its box as well.  Similarly we might get another poke at this one on a retracement to 1.52 or so. E/J broke as well, on the 1h chart, I’ve entered [...]

This reversal pattern combined w/ the huge 4hr wick is confirming for me that this pullback may be over.  I’m willing to put on my first position on a 1h close below 124.60 and prepare myself for some tightening up.  If it doesn’t tighten up and instead dumps another good entry would be a close [...]

If the EURJPY closes, this hour, below 127.  I’m taking a short position to 125.75 w/ a SL at 127.50. What are you watching/trading? Recommend on Facebook Buzz it up Tweet about it

Looks like we’re in low volume/high volatility conditions like we talked about yesterday.  Very difficult to predict movement however we can see that there are a few pairs that did move and are showing signs of tiring and if they moved once, I’m willing to watch them again. GBP/USD:  Left its consolidation area and has [...]

I’ve entered into a short position on the E/J, with a close below 124.50 and these first 10m or so giving me a slightly better price.  I’m going for 123.75 w/ a SL at 125.00. Not a lot of room for stacking, but I wouldn’t be that agressive in these recovering conditions anyway. What are [...]