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Knowledge is Power

  • #661
  • Jul 16, 2008 6:33am Jul 16, 2008 6:33am
Quoting G33maroon
Warrenforex is eneloop? or eneloop is warrenforex?

Getting confuse as warrenforex is posting more than eneeloop?

Just questions. don't mind me. carry on.
eneloop started this thread with some suggestions from myself. I have not seen him post here recently. He has done a great job starting the thread and everyone should read the first 2 or 3 pages of the basics that he kindly posted for us.


Bruce
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  • #662
  • Jul 16, 2008 6:43am Jul 16, 2008 6:43am
11:38 GMT July 16th USD/JPY and JPY crosses continue to trade heavy today, although losses limited in Asia - aided perhaps by fairly flat trade on the Nikkei. USD/JPY back under the cosh in London however - after futile defence of 104.00 option barriers by a Japanese bank, the pair traded to 103.93 initially before regaining the figure. The eventual turn in to negative territory on Dow futures from early highs some 40pts in the black took the pair in to 103.80, this time JPY driven rather than USD weakness. However, a slight gain on the greenback did help the market back on to a 104.00 handle. Some of the flow around the figure could well be driven by options hedging, with a very large expiry at 104.00 today USD 500mln+ . Bids are at 103.70-60, with large stops below the latter and at 103.50. EUR/JPY: sunk to lows of 165.40 having cleared away large stops at 165.90 and 165.50. A natural target comes in at 165.00, a daily pivot point from early June and double day lows from late June and early July. Reports of reasonable Japanese investment and importer demand, but the wave of selling has proved too strong. RP.
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  • #663
  • Jul 16, 2008 6:52am Jul 16, 2008 6:52am
The Reason That I Post The Opening Benchmarks for Oil, Gold, Dow Futures and the 2 Year US Bonds and the 10 Year US Bond Yield is to WATCH the changes and the Money Flow...

Perhaps one of our Class can post an update here once a hour to help US all learn what is occuring each hour or so as new facts come out !

As you can clearly SEE USD/JPY has hit Bid at 103.90 !

Why ?

Look at Oil now down $1.29 and the Dow Futures now down 35 instead of the previous 22

Look at the 2 Year US Bond Yield now at 2.33% instead of 2.34%

Translation ... MONEY is flowing into the Bonds and Into Oil and OUT of the US Dollar... Any Questions ?


Bruce
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  • #664
  • Jul 16, 2008 7:01am Jul 16, 2008 7:01am
http://www.dailypfennig.com/currentIssue.aspx


Please Read Me !!!

It Is Well Worth Your 5 Minutes !

Comments are welcome ! Questions also !

Knowledge Is Power !

Get The Knowledge !

Looking for a place to short now !

Where is the next Resistance ? Anyone ?


Bruce
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  • #665
  • Jul 16, 2008 7:03am Jul 16, 2008 7:03am
Just A Gut Feeling !


Bruce
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  • #666
  • Edited 7:07am Jul 16, 2008 7:05am | Edited 7:07am
So I put on 1 short at 104.15 and will watch it with Mental Stop at 104.40

If it goes down to 104.05 I will LOCK in 5 PIPS profit with a Stop at 104.10

Questions ?

Bruce

P.S. Dow Futures UP 21 so it pulled UP USD/JPY and Dow Might Reverse depending on 8:30 AM Data and 9:00 AM TICS
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  • #667
  • Jul 16, 2008 7:07am Jul 16, 2008 7:07am
Quoting Warren Forex
Quote:
Originally Posted by Warren Forex http://www.forexfactory.com/images/buttons/viewpost.gif
July 16, 2008 5:11 AM

As promised here is the List Of Serious FX Traders willing to invest their time and effort to learn and improve their FX Trading.

If you want to be included and you do not see your name on the list please add your name.

(1) pipo77

(2) bapho

(3) Rialto

(4) toafdawg

(5) swiftpip

(6) racetrack

(7) AgentFx

(8) leo9

(9) txfx

(10) Tarquin

(11) zenseven

(12) naOki

(13) Yonipaliyo

(14) John D

(15) sonicdeejay

(16) piphunting


Any errors or those not seeing your name here please correct or add your name here on this post.

I am looking forward to get started.

Good Trading Everyone !!!
count me in too sir....
  • #668
  • Jul 16, 2008 7:10am Jul 16, 2008 7:10am
http://quotes.ino.com/chart/?s=NYBOT_DX&v=s

Look At US Dollar Index Overnight and Now !!!


Bruce
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  • #669
  • Jul 16, 2008 7:13am Jul 16, 2008 7:13am
Quote:
Originally Posted by Warren Forex http://www.forexfactory.com/images/buttons/viewpost.gif
Quote:
Originally Posted by Warren Forex http://www.forexfactory.com/images/buttons/viewpost.gif
July 16, 2008 5:11 AM

As promised here is the List Of Serious FX Traders willing to invest their time and effort to learn and improve their FX Trading.

If you want to be included and you do not see your name on the list please add your name.

(1) pipo77

(2) bapho

(3) Rialto

(4) toafdawg

(5) swiftpip

(6) racetrack

(7) AgentFx

(8) leo9

(9) txfx

(10) Tarquin

(11) zenseven

(12) naOki

(13) Yonipaliyo

(14) John D

(15) sonicdeejay

(16) piphunting

(17) steven leo



Any errors or those not seeing your name here please correct or add your name here on this post.

I am looking forward to get started.

Good Trading Everyone !!!

count me in too sir....
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  • #670
  • Jul 16, 2008 7:16am Jul 16, 2008 7:16am
Translation ... MONEY is flowing into the Bonds and Into Oil and OUT of the US Dollar... Any Questions ?


Bruce[/quote]
Hmmm....very interesting ....so i still have a question...which has the most impact on Dollar gold , oil , or the American markets....
as i was monitoring yesterday...the dollar was moving directly in the opposite direction of gold...
actually i could predict dollar direction from the gold moves..am i right ?
pip and run ....
  • #671
  • Jul 16, 2008 7:16am Jul 16, 2008 7:16am
Quoting Warren Forex
http://quotes.ino.com/chart/?s=NYBOT_DX&v=s

Look At US Dollar Index Overnight and Now !!!


Bruce
Be Careful as 8:30 AM and 9:00 AM Data Due Out !

I Use a 5 Minute and 1 Minute Chart using EMA, BB, SAR, MACD, RSI and CCI

I Short at the Top of the 1 Minute or 5 Minute if I see the Trend is Down overall !!!

Questions ? Comments ? Observations ? Are We having Fun Class ?


Bruce
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  • #672
  • Jul 16, 2008 7:18am Jul 16, 2008 7:18am
Quoting Warren Forex
Quote:
Originally Posted by Warren Forex http://www.forexfactory.com/images/buttons/viewpost.gif
Quote:
Originally Posted by Warren Forex http://www.forexfactory.com/images/buttons/viewpost.gif
July 16, 2008 5:11 AM

As promised here is the List Of Serious FX Traders willing to invest their time and effort to learn and improve their FX Trading.

If you want to be included and you do not see your name on the list please add your name.

(1) pipo77

(2) bapho

(3) Rialto

(4) toafdawg

(5) swiftpip

(6) racetrack

(7) AgentFx

(8) leo9

(9) txfx

(10) Tarquin

(11) zenseven

(12) naOki

(13) Yonipaliyo

(14) John D

(15) sonicdeejay

(16) piphunting

(17) steven leo



Any errors or those not seeing your name here please correct or add your name here on this post.

I am looking forward to get started.

Good Trading Everyone !!!

count me in too sir....
thank you very much....
  • #673
  • Jul 16, 2008 7:19am Jul 16, 2008 7:19am
Quoting pipo77
Translation ... MONEY is flowing into the Bonds and Into Oil and OUT of the US Dollar... Any Questions ?


Bruce

Hmmm....very interesting ....so i still have a question...which has the most impact on Dollar gold , oil , or the American markets....
as i was monitoring yesterday...the dollar was moving directly in the opposite direction of gold...
actually i could predict dollar direction from the gold moves..am i right ?[/quote]


The Movement in the Dow is affected by Oil and The Dow UP or Down Moves USD/JPY

Euro Going Up also Moves USD/JPY down which of course means Up !!!


Bruce
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  • #674
  • Jul 16, 2008 7:22am Jul 16, 2008 7:22am
I did this because of 8:30 AM News

You can never lose taking a quick profit. 6 PIPS on $1000 of capital is like geting 6% on your money in minutes rather than 1 year of time !

My Profit Target is $1200 for the Day !

News in 8 minutes ! Charts anyone ?

Let Us All Be Interactive !!!

Thanks ...


Btuce
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  • #675
  • Jul 16, 2008 7:29am Jul 16, 2008 7:29am
Everyone On Their Toes !!!


Bruce
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  • #676
  • Jul 16, 2008 7:34am Jul 16, 2008 7:34am
can you share with us your work template ...?
pip and run ....
  • #677
  • Jul 16, 2008 7:37am Jul 16, 2008 7:37am
Hey warren, pls add me to the list.
Thanks
  • #678
  • Jul 16, 2008 8:47am Jul 16, 2008 8:47am
http://www.forexfactory.com/images/icons/icon14.gif You Are Now In !!! Thank You !!!
Quote:
Originally Posted by Warren Forex http://www.forexfactory.com/images/buttons/viewpost.gif
Quote:
Originally Posted by Warren Forex http://www.forexfactory.com/images/buttons/viewpost.gif
July 16, 2008 5:11 AM

As promised here is the List Of Serious FX Traders willing to invest their time and effort to learn and improve their FX Trading.

If you want to be included and you do not see your name on the list please add your name.

(1) pipo77

(2) bapho

(3) Rialto

(4) toafdawg

(5) swiftpip

(6) racetrack

(7) AgentFx

(8) leo9

(9) txfx

(10) Tarquin

(11) zenseven

(12) naOki

(13) Yonipaliyo

(14) John D

(15) sonicdeejay

(16) piphunting

(17) steven leo

(18) tundope




Any errors or those not seeing your name here please correct or add your name here on this post.

I am looking forward to get started.

Good Trading Everyone !!!
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  • #679
  • Jul 16, 2008 8:56am Jul 16, 2008 8:56am
Hello Warren, nice posts and thanks for sharing the Pfennig link, a very interesting read. Please add me to your list.
  • #680
  • Edited 9:10am Jul 16, 2008 8:56am | Edited 9:10am
Here is the PDF File of my Trades !

I Suggest we all use the same Demo Platform of FX Solutions so we can all be on the same page. I will post the information here who to email to arrange a free no obligations demo account. The trading platform is one of the best. I have tried all of them. Here is my file. The Report starts from July 13, 2008 continuing the last balance posted on this thread. That was $120,885.40

We can all start with $100,000 US Dollars in Demo Trades !!!

My personal profit target for today is 1% of the Account Value of $121,000 US Dollars ($120,885.40) or $1200 US Dollars. I have completed 5 FX trades with 4 more open at the moment.
Attached File(s)
File Type: pdf rptIndividualCustomerBruceTradesDemoJuly16.pdf   187 KB | 432 downloads
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