Saturday, August 24, 2013

AUD/CHF amazing text book divergence









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...