Time Cell Trading

USDLFX Monthly, 2010 September 12

Market prices around 1.70 seems for me an excellent probability to go long.

Set Pending orders at 1.665 with 3 positions and at 1.697 with 2 positions.

GBPCHF, Daily, 2010 September 12

Longer Term Carry Trades

In the middle of the High Wave Candle 1.5650 seems for me a good price to Enter Long with 2 positions and make besides a bit of interest profit.

Further downside movements till 1.5110/1.50 possible,...and will trade the downs at H1/H4.

Set Pending Order Enter Long also at 1.5120 (2 positions) & 1.500 (3 positions)

A carry trade involves borrowing or selling a financial instrument with a low interest rate, then using it to purchase a financial instrument with a higher interest rate. While you are paying the low interest rate on the financial instrument you borrowed/sold, you are collecting higher interest on the financial instrument you purchased. Thus your profit is the money you collect from the interest rate differential.

Currency Carry Trade



http://i.investopedia.com/inv/092009.../book_icon.jpg
What Does Currency Carry Trade Mean?
A strategy in which an investor sells a certain currency with a relatively low interest rate and uses the funds to purchase a different currency yielding a higher interest rate. A trader using this strategy attempts to capture the difference between the rates, which can often be substantial, depending on the amount of leverage used.

http://i.investopedia.com/inv/092009...y/inv_icon.jpg

Investopedia explains Currency Carry Trade
Here's an example of a "yen carry trade": a trader borrows 1,000 Japanese yen from a Japanese bank, converts the funds into U.S. dollars and buys a bond for the equivalent amount. Let's assume that the bond pays 4.5% and the Japanese interest rate is set at 0%. The trader stands to make a profit of 4.5% as long as the exchange rate between the countries does not change. Many professional traders use this trade because the gains can become very large when leverage is taken into consideration. If the trader in our example uses a common leverage factor of 10:1, then she can stand to make a profit of 45%.

The big risk in a carry trade is the uncertainty of exchange rates. Using the example above, if the U.S. dollar were to fall in value relative to the Japanese yen, then the trader would run the risk of losing money. Also, these transactions are generally done with a lot of leverage, so a small movement in exchange rates can result in huge losses unless the position is hedged appropriately.

http://www.investopedia.com/terms/c/currencycarrytrade.asp

see p.28, #419 ;


Exit with 1 position at 76.75

Profit: +415 pips

..and set Targets at 78.12 (R2) and 79.59 (R3)

Hi Fc,

Good analyst agree with you ...
now see 5Mtf GBPCHF .... I'm ordering 2 PO just now,

Cheers

hi FC,

Gold 4HrTF updated ....

cheers

Hi mrhb30jr


Marvellous charts and analysis.

Great compliment!

Keep it up!

XAGUSD, Monthly, 2010 September 13

Yes and silver seems supplementary.

Excellent for a Long Term Carry Trade Enter Short with several positions.

See the downside movement between 2008.03.01 - 2008.10.01.

Hope we'll see a remake.

see #606

So am I,... with regard at M5 candle if it would touch the middle line of BB (1. Warning for an M5 Exit) but at least with setting a Stop Loss a little bit further downside at the bottom line of BB or at the low of the hammer.

EURAUD , H4, 2010 September 13

H4 Divergences has made an appearance. See also the Daily Divergence #612

Enter Long at 1.3735

Stop Loss at 1.3650

EURAUD, Daily, 2010 September 13

Daily Divergence.

GBPCHF, M5, 2010 September 13

Hammer, Bullish Engulfing Pattern, if candles will close in this form and divergence.

Enter Long at 1.5560

Target: 1.5615

Set Stop Loss at 1.5540

If support line see H1, #614 will be broken, ...then it'll go down south!

wall up and down

GBPCHF, H1, 2010 September 13

If support line from September 09 will be broken at 1.5550 further downside movement possible.

CADJPY, Monthly, 2010 September 13

Vintage chart here with the Fibonacci lines.

Monthly chart has make a touch down exactly at 61.8% last month.

September has reached just now the 50% line. May be it's good time for a range trading at lower time levels (H4, H1, M30, M15) now.

Could be great for Range Box Trading: M15 see#616, H1, see #617, H4, see #617.

CADJPY, M15, 2010 September 13

When at higher timeframes Daily, Weekly, Monthly market price touches a fibonacci level you can often observe a range bound at the lower time charts.

see #615, #617 , #618 too, please.

CADJPY, H1, 2010 September 13


Range Box Trading

see #615, #616 , #618 too, please.

CADJPY, H4, 2010 September 13

Range Box at H4 Level.

See #615, #616, #617 too, please.

When at higher timeframes (Daily, Weekly, Monthly) market price touches an important fibonacci level you can often observe a range bound at the lower time charts (H4, H1, M30, M15).

Result: + 218 pips

http://twitter.com/triggFX
http://www.myfxbook.com/members/triggFX