| Author |
Message |
     wadda
Member
Username: wadda
Post Number: 487
Registered: 10-2002
Rating: N/A
Votes: 0
|
| | Wednesday, March 21, 2007 - 09:58 pm: | 
|
Lafee,
Had to hold momentum because if went back into the previous congestion (support) at the 620 level?
Is your trade target (47 point) based on a T/A premise or a dollar amount (I plan to make $500 per day or trade for example)?
Thanks for the insights it all helps.
Cheers,
wadda
"Buy low, sell high is a cliche, not a blueprint for action. It blinds investors to the professionals' approach of buying high and selling higher." Stan Weinstein
|
lafee
Member
Username: lafee
Post Number: 470
Registered: 04-2003
Rating: N/A
Votes: 0
|
| | Wednesday, March 21, 2007 - 10:09 pm: |
|
My targets are based on a range-volatility calculation so I guess u could call it TA.
Cheers Lafee
A working class hero is something to be.
John Lennon
|
wadda
Member
Username: wadda
Post Number: 488
Registered: 10-2002
Rating: N/A
Votes: 0
|
| | Wednesday, March 21, 2007 - 10:15 pm: |
|
Thanks mate.
Wadda
"Buy low, sell high is a cliche, not a blueprint for action. It blinds investors to the professionals' approach of buying high and selling higher." Stan Weinstein
|
maxboost
Member
Username: maxboost
Post Number: 118
Registered: 12-2005
Rating: N/A
Votes: 0
|
| | Wednesday, March 21, 2007 - 10:50 pm: |
|
howdy guys,
the yen could be worth keeping an eye on over the next few days
|
wadda
Member
Username: wadda
Post Number: 489
Registered: 10-2002
Rating: N/A
Votes: 0
|
| | Wednesday, March 21, 2007 - 10:55 pm: |
|
Hi Max...watching it like a hawk!
Cheers,
wadda
"Buy low, sell high is a cliche, not a blueprint for action. It blinds investors to the professionals' approach of buying high and selling higher." Stan Weinstein
|
lafee
Member
Username: lafee
Post Number: 471
Registered: 04-2003
Rating: N/A
Votes: 0
|
| | Thursday, March 22, 2007 - 04:28 am: |
|
hope your still watching wadda. All the majors have come alive.
A working class hero is something to be.
John Lennon
|
wadda
Member
Username: wadda
Post Number: 490
Registered: 10-2002
Rating: N/A
Votes: 0
|
| | Thursday, March 22, 2007 - 06:54 am: |
|
Morning Lafee,
just dropped the folks off at the airport...gotta go to my real job now.
Stopped out of AUDJPY earlier this morning - safe minor profit (and of course it's now going up).
Going well for GBPJPY, unfortunately still the gain here is offset by my short on the AUDSUD (bad call that one).
Ahhh well it's a learning experience.
Have fun today.
Wadda
"Buy low, sell high is a cliche, not a blueprint for action. It blinds investors to the professionals' approach of buying high and selling higher." Stan Weinstein
|
ingot54
Member
Username: ingot54
Post Number: 1748
Registered: 05-2004
Rating: N/A
Votes: 0
|
| | Thursday, March 22, 2007 - 09:54 am: |
|
Morning players 
Wadda I took your advice and used my IG markets a/c to jump in.
One mini USDJPY short @ 11779.80 closed @ 11739.30
One mini AUSUSD long @ 8017.60 closed @ 8077.50
Off for a nap - no positions open.
Where do I send your mentor fee?
I would like to be short the AUD at the right time - will be waiting for it, but I guess that kind of thinking is dangerous - you (I) can not tell the market what it will be doing!
Might be as well to forget the AUD altogether, and look at the majors. Rotating interest around night be a better way to divorce feelings from business.
Keep Smiling - Don't look back
Trading style: Chartist Artist _ Breakouts and Shakeouts.
|
lafee
Member
Username: lafee
Post Number: 473
Registered: 04-2003
Rating: N/A
Votes: 0
|
| | Thursday, March 22, 2007 - 05:05 pm: |
|
I wonder if the USDJPY is about to move. Getting pretty compressed.
Cheers Lafee
A working class hero is something to be.
John Lennon
|
lafee
Member
Username: lafee
Post Number: 474
Registered: 04-2003
Rating: N/A
Votes: 0
|
| | Thursday, March 22, 2007 - 05:09 pm: |
|
USDZAR is a short right now at 7.2978. Pity about the spread.
Cheers Lafee
A working class hero is something to be.
John Lennon
|
ingot54
Member
Username: ingot54
Post Number: 1750
Registered: 05-2004
Rating: N/A
Votes: 0
|
| | Thursday, March 22, 2007 - 05:41 pm: |
|
Wonder where that USDJPY will go Lafee?
It looks like a pennant or a flag (dunno) on the 4 hour.
Is there some news due?
Keep Smiling - Don't look back
Trading style: Chartist Artist _ Breakouts and Shakeouts.
|
lafee
Member
Username: lafee
Post Number: 475
Registered: 04-2003
Rating: N/A
Votes: 0
|
| | Thursday, March 22, 2007 - 05:44 pm: |
|
Ivan,
I got no idea. But it looks ready to move somewhere!
Cheers Lafee
A working class hero is something to be.
John Lennon
|
maxboost
Member
Username: maxboost
Post Number: 119
Registered: 12-2005
Rating: N/A
Votes: 0
|
| | Thursday, March 22, 2007 - 05:51 pm: |
|
Hello Ingot, Lafee
If you have a look at the yen futures it's the only one of the major currencies where the distant contracts are higher than the near by contract by a decent amount. I think it's on quite a path here!
cheers
|
lafee
Member
Username: lafee
Post Number: 476
Registered: 04-2003
Rating: N/A
Votes: 0
|
| | Thursday, March 22, 2007 - 05:55 pm: |
|
Maxboost,
Which expiry are you looking at?
Cheers Lafee
A working class hero is something to be.
John Lennon
|
maxboost
Member
Username: maxboost
Post Number: 120
Registered: 12-2005
Rating: N/A
Votes: 0
|
| | Thursday, March 22, 2007 - 06:07 pm: | |
