Thursday, September 12, 2013

Potential Bullish Pattern

Potential Bullish Pattern:

A Bullish Bat pattern may be forming on the USD/CAD Bought Yesterday will ride up to the .618 level

Wednesday, September 4, 2013

Currency Trading and who helped the most online!!!



   I can never find good help online but, I found this amazing currency trader. His name is Jason Stapleton you find him on youtube his help with Fibonacci ratios are real and they work....  He talks to you like your there with him follow him and watch all his videos...

Friday, August 23, 2013

My Trades !!!!!!!!!!!!!!

Two of my three trades worked out great. Set price targets, if it keeps going in the same direction reassess your situation and look for technicals to ensure your reasoning on staying in a trade.

My new trades will be CAD/JPY AND AUD/CHF will show technicals/setups on Sunday

Sunday, August 18, 2013

My pattern trades for this week on July 19, 2013 (That I AM TRADING)





NZD/USD -Rising wedge, bearish divergence, resistance at $.8100 and plenty of toping candles at $.8100 level... short down to support at $.7940

My pattern trades for this week on July 19, 2013 (That I AM TRADING)





Bullish Crab pattern was Long but exited, wanting push lower back to 87.26 to buy and ride it up to 91.50-92.00

My pattern trades for this week on July 19, 2013 (That I AM TRADING)



Wedge pattern forming with bearish divergence on RSI, potential move down to rising trendline or  @ 1.3540-70



Friday, August 16, 2013

GBP/USD.... horrible trade I made...

              Yeah, the trade i made on GBP/USD turn the complete opposite way than I thought and got stopped out... I am new to currency markets and this stuff really knows how to roll down a hill and launch off like a rocket... The Stock Market cannot compete with the currency market!!!

   I read "The 10 Essentials of Forex Trading"- helped alot

   The currency markets are also awesome because you can get out and into another trade and not have to worry about a damn settlement date, based on the amount in your account.

   I will blog about what my next trade will be on sunday August 18, 2013...

Monday, July 15, 2013

Trying out as a currency trader...

The stock market is and can be aggressive but the currency market is a BEAST... I am trying it out my first blog tade is short GBP/USD ... THE MOST IMPORTANT questioning in currencys seems to me is why trade this pair and to where???(rhetorical question)

The trade:

First I compared the GBP/USD VS. USD/JPY WHY ?both parse were pressed up.against an upward trend line and one of them was going to break it to the downside.... And that was my going to be my trade... Monthly and weekly charts also indicate a possible bearish flag formation... Now just have to sit on my hands and watch...

Saturday, May 4, 2013

1700

Is the S&P next stop 1700 this is getting intresting. I believe no one thought the market would get to where it is at now.... I was short had my head ripped off and now im curious play the already outperformers or consolidating patternized out performers such as Mosaic the chart looks good the pattern looks good and riding on the moving averages while consolidating.... niiiiiccceee

Saturday, February 9, 2013

SHORTS gone bad

This market is amazing when your long you love it when your short you hate it.... which are you all my shorts i am out of.
   This market keeps going hiring but i dont understand how or why , I am paying attention to price action so i bought and thought I would flip my position from short to longs bought RPRX which ripped my face off, WLT, MRO,SU,and X I am ouit of all these names, now I couldnt resist to short VLO which is way over exstended but doesnt mean cannot go higher... and TROX finally broke above 20 in change so im now long that name.

   watching price action in VLO the overexstention should of been around 43 $ but now at 46 $ im almost certain including jackson carterworth on fast money is selling his position which he stated the number 46$

Wednesday, January 16, 2013

the market moves which way down then up or sideways and up

the market is moving in curious way so many names are moving up and down im short

wlt-short  my exit will be 35 but could go down to 34
mos-short my exit idk yet but hitting hard resistance at 60
fcx-short my exit is 32-34
rprx-long my exit is 20-21