>>>> trading<<<<

TEBRadar with Training Wheels


Last Update : Tuesday April 12-5:00pm

System Indicators
50 Bollinger Bands (Radar)
14 Commodity Channel Index (Training Wheels)
Fibonacci esp the 50% and the 261.8%
Support and Resistance, or Demand and Supply
Triggers: 1-2-3 Breaks, M & W, Inside & Outside candles,Tops & Pins
Trading plan
Trend -Retracement- Break/Break- Ride the Wave- Reasoned Exits


I use the TebMetre to help see what may be going in the market.
Currency~Strenght~Trend
Usd~~2+~~~4- weakness
Eur~~1+~~~3-
Gbp~~1+~~~1-
Chf~~3+~~~5+ strenght
Jpy~~3-~~~2-
Aud~~2-~~~1-
Cad~~2-~~~3-
Nzd~~2+~~~5+ strenght

Last Up-date
SFT trade
Short
2 usdmxn 11.8 (in) up 66 pips (count 6.6) (each pips is worth about 10 of others)
2 usdcad 0.9613
2 usdjpy 83.80
2 usdchf (in) 10 pips
Long
2 usdjpy 84.54
2 nzdusd 0.7856 (in) up 52


Weekly Totals
Total pips for the week 410
Trades on 6 up about 140pips

Key:
SFT: set and forget trade
OO: opened order
S: short
L: Long
T: T1 1st target, T2 2nd target
SL: Stop Lose
OC: Order Canceled

Wow, you think Japan is going to fall off the globe? Looks like you could just do one currency pair: Long EUR/JPY and increase your lots and decrease your spread costs.

Nzdusd Buy (In)
entry 0.7774
Stop lose 0.7646
1st target 0.7895
2nd target 0.8045

eurchf buy (In)
entry 1.2894
Stop lose 1.2894
1st target 1.3447
2nd target 1.3746

audnzd sell (In)
entry 1.3484
Stop lose 1.3613
1st target 1.2977
2nd target 1.2805

Set and forget TRADE( S&FT)

gpbchf buy
entry 1.5020

done trading for the day like watching paint dry
trades open on this account

S-usdmxn-1-trades-$97-380 pips
S-audnzd-2-trades-$135-29pips
L-eurchf-2-trades-$91-14pips
L-nzdusd-2-trades-$11-2 pip

starting trading for the day I am at

S-usdmxn-1-trades-$199-786 pips
S-audnzd-2-trades-$49-10pips
L-eurchf-2-trades-$469-71pips
L-nzdusd-2-trades-$195-32 pip
up $773

I have closed all other out standing ordes
other then eur/jpn and gpbjpn

now lets see what we can find for the day

SFT
S-euraud-2-1.3654
L-usdjpy-2-85.33


missed should have seen it
a great L entry on the pound at 139.30
a great L entry on the augusd at 1.0455
a great L entry on the audjpy at 89.08
a great L entry on the silver at 39.6967

Then the Usa got a deal on the budget I closed the following

Nzdusd Buy (In)
both trades closes $252

eurchf buy (In)
both trades closes $242

audnzd sell (In) -125
entry 1.3484
Stop lose 1.3613
1st target 1.2977
2nd target 1.2805

usdmxn sell (In)
both trades closes $262



I have closed all other outstanding orders for

My Trading thoughts.

Interesting week up coming.

1. Usd ... If the Congress can get their rear in going the Dollar should get stronger... at least for the short term.
2. jpy... Should keep getting weaker, They still have issues its very sad.
The question is when do we run out of sellers.
3. Eur... with Greece Spain Ireland Portugal its hard to see a lot of strenght there.
4. Cad...With oil going up the Cad should continue to strenghten.
5. Aud... was the big mover at the end of the week, with Gold rising.
6. Nzd...is way a head of the Aud and the Cad.. but still looks like it has some buy. But when we run out of steam.
7. The Pound and 8. the Chf will move based on what happens with the Eur and the Usd.

I would wait for the big boys in London to make up my mind on the
The Usd and the Eur.

The safest bet looks like the is the AudJpy.
I will be looking to buy the dips.

its a scapling kind of day !
chages with the usd budget

3 trades on the Eurusd sell up 15 pips
2 trades on the Audusd sell up 12 pips
2 trades on the audcad down on pips ( oil us gold)

I will put entriers SL and Targets later

Closed all audcad for 60pips
(do not want to be open with the BoC making a rate decision tomorrow)

have 3 lots open on the eurusd up 23 pips
have 2 lots open on the audusd up 63 pips

have 1 lots closed on the eurusd up 55 pips
have 1 lots closed on the audusd up 130 pips
total new pips added at 185 pips

3 lots still on

Added two more trades on the eurusd at 1.4405

all stop losses hit ... 50 more pips

audjpy 2 trades
enter 88.39
1st T 89.48
2nd T 90.45
SL 87.75

2 trades gpbaud sell 1.5522
1t1.54
2t 1.53
SL 1.5570

eurnzd sell (in)
enter 1.842
T1-1.8325
T2-1.8254
SL 1.8475

Bad day lots of SL lot hit early
was about 150 pips down at one time
got the cad on the way down and end up 62 pips up for the day
a lot of work little money of well that is the it goes


SFT trade
Short
2 usdmxn 11.8
2 usdcad 0.9613
2 usdjpy 83.80
Long
2 usdjpy 84.54
2nzdusd 0.7856

SFT trade
Short
2 usdmxn 11.8 (in) up 66 pips (each pips is worth about 10 of others)
2 usdcad 0.9613
2 usdjpy 83.80
2 usdchf (in) 10 pips
Long
2 usdjpy 84.54
2 nzdusd 0.7856 (in) up 52

thx for sharing, can u post results ?