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No Brainer Trades

  • #9,401
  • Mar 3, 2009 4:01am Mar 3, 2009 4:01am
Quoting fx-Junior
Closed half of the position @ 0.6415 +36pips. Target for the second is 0.6390.
Good management mate....I am still in full with mine but I am securing 10 pips
  • #9,402
  • Mar 3, 2009 4:09am Mar 3, 2009 4:09am
Alright I have taken a huge portion of my profits now...price action is shifting a bitt gears on me...

Attached Image (click to enlarge)
Click to Enlarge Name: audusd.gif Size: 29 KB
  • #9,403
  • Mar 3, 2009 4:11am Mar 3, 2009 4:11am
Lol right on time ...wohoo

Attached Image (click to enlarge)
Click to Enlarge Name: audusd.gif Size: 29 KB
  • #9,404
  • Mar 3, 2009 4:42am Mar 3, 2009 4:42am
USDCAD is something to keep on looking at....

Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.gif Size: 24 KB
  • #9,405
  • Mar 3, 2009 5:04am Mar 3, 2009 5:04am
Quoting Shermenator
USDCAD is something to keep on looking at....
The 1.30 area is a weekly S/R level, so that should help(stronger level).

I'm short Aud/Usd from .6450. I've closed 2/3 of position for around +35, the remainder is BE+10.
  • #9,406
  • Mar 3, 2009 5:04am Mar 3, 2009 5:04am
Hey folks,

Bear in mind the CAD interest rate announcement at 2pm GMT today.
  • #9,407
  • Mar 3, 2009 5:06am Mar 3, 2009 5:06am
Quoting RedCabbage
Hey folks,

Bear in mind the CAD interest rate announcement at 2pm GMT today.

yep completly agree
  • #9,408
  • Mar 3, 2009 5:07am Mar 3, 2009 5:07am
Quoting racetrack
The 1.30 area is a weekly S/R level, so that should help(stronger level).

I'm short Aud/Usd from .6450. I've closed 2/3 of position for around +35, the remainder is BE+10.
Good trade.

I was looking at audusd and audjpy but audjpy set up first for me so I took that.
  • #9,409
  • Mar 3, 2009 6:10am Mar 3, 2009 6:10am
Quoting fx-Junior
Closed half of the position @ 0.6415 +36pips. Target for the second is 0.6390.
Alright, missed the target by 1 pip, stopped out @ 0.6415 on the another position too.
  • #9,410
  • Mar 3, 2009 6:13am Mar 3, 2009 6:13am
I closed mined at 6396...it was easy money
  • #9,411
  • Mar 3, 2009 7:09am Mar 3, 2009 7:09am
Iwill be looking at the audusd for shorts at a higher price I already made my money on the first short ...like stealing candy from a baby haha

Attached Image (click to enlarge)
Click to Enlarge Name: audusd.gif Size: 29 KB
  • #9,412
  • Mar 3, 2009 7:56am Mar 3, 2009 7:56am

I am looking into buying some dollars soon...

  • #9,413
  • Mar 3, 2009 8:05am Mar 3, 2009 8:05am
USD/JPY long seems good @ below 98.00.
  • #9,414
  • Mar 3, 2009 8:07am Mar 3, 2009 8:07am
I'm long now AUD/USD from 0.6461. It looks like a breakout. A bit risky trade i think, but lots of room above.
  • #9,415
  • Mar 3, 2009 8:22am Mar 3, 2009 8:22am
Just took another 20 pips....dont like it much just jumped out...

Attached Image (click to enlarge)
Click to Enlarge Name: audusd.gif Size: 29 KB
  • #9,416
  • Mar 3, 2009 8:27am Mar 3, 2009 8:27am
Alright I am out of the audusd like I mentioned earlier....

For me to take another trade it has to be extremly good...at this point I start trading more from the perspective of securing the profits...now you have to make it hard for the market to take your money...and the way to do this is by not trading lol

Attached Image (click to enlarge)
Click to Enlarge Name: audusd.gif Size: 29 KB
  • #9,417
  • Mar 3, 2009 8:52am Mar 3, 2009 8:52am
Becarefull with the current market conditions...we are getting very fast shifts on market sentiment showing us that taking a trade can be a bitt dangerous at the moment and requires more experience....try and find reasons to not get in a trade.
  • #9,418
  • Mar 3, 2009 8:55am Mar 3, 2009 8:55am
Quoting Shermenator
Becarefull with the current market conditions...we are getting very fast shifts on market sentiment showing us that taking a trade can be a bitt dangerous at the moment and requires more experience....try and find reasons to not get in a trade.
Whipsaw galore!
Probability Professor
  • #9,419
  • Mar 3, 2009 9:07am Mar 3, 2009 9:07am
Alright uys I made good money today...I will now go to sleep ....

Results for the day are 2 for 2....

First trade 40 pips
Second trade 20 pips...

Growth is R X 1.3

Later guys I will take my pips....look at the usdjpy at the resistance but I will not participate or look at simply because I already made my bucks and I am tired ...later and good luck..

Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.gif Size: 23 KB
  • #9,420
  • Mar 3, 2009 10:12am Mar 3, 2009 10:12am
Alright, caught that fish.

+25 pips secured on half position, stop BE now.
Attached Image (click to enlarge)
Click to Enlarge Name: gpbusd.gif Size: 14 KB
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