Friday, September 3rd, 2010

I missed the entry candle’s close, but it’s still an affordable trade, so I’ll jump in now. Here’s the chart: My SL is at 1.0330 (below the recent low) My PT is at 1.0620 (Just below the secondary high) It is at the 800sma on the 1h chart so it could range for a bit [...]

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 just entered the U/J short we talked about in this morning’s WLW.  I got back to my computer during the retracement, so on the one hand I’m getting a better price, but on the other, it may be a fakeout.  We’ll see, I guess. Here’s the chart: PT1 94.10, PT2 93.40, SL 94.70, or [...]

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 [...]

Thought I’d let you know that I’ve entered the Kiwi short to .7175 on the 1h close outside its area of indecision.  SL @ .73  It’s also right at previous resistance, so I’m willing to watch for a bounce and take it long, if I’m wrong. Remember:  The purpose of these trade alerts is to [...]

I just entered a trade on the NZDUSD short based on a bounce off of the daily TL. Here’s the chart: The dark purple line above price is the Daily TL and the thinner purple line below price is the 800sma on the 1h chart, I’m ignoring that completely for a longer term trade.  First [...]

I wanted to let you know that I did take those trades we talked about in today’s WLW.  Long E/U PT 1.3415 SL  1.3275 and Long G/J PT 147.40 SL 143.85 (4h trade so skip/adapt if you don’t like the longer term stuff) I’d love to hear what you’re watching/trading!!  Recommend on Facebook Buzz it [...]

I just entered the G/U short.  PT at 1.5250, SL at 1.5450 What are you watching/trading? Recommend on Facebook Buzz it up Tweet about it

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