Tuesday, August 6, 2013

DOW


DOW/US30 1D chart

Looking to short DOW/US30 if it manage to close below15558.83, Friday's low; provided DOW did not make a new weekly high.
SL placed on Friday's high.

Long time no post

Finally I graduated.

Time to trade full time.

A great 2 and a half years since I last posted.

Huge changes to my trading methods.

Currently trading on just 2 FX majors, XAU and the Dow index.
Doing much shorter time frame trading; market is just too volatile.
Trading the 15M TF from 0300 EST to 1200 EST, I guess that would consider day trading.

Strategies:
Screening the market bar by bar, surfing through every ticks on the chart. Precision trading.



Thursday, August 4, 2011

FX 4 AUG


AUD Short closed @   1.0773 (+150 pips)
AUD flip to long @ 1.0773 [Stopped] (-35 pips)
Currently on the sidelines for both AUD and EUR

Wednesday, August 3, 2011

3 Aug FX


EUR Stopped @  1.4288 (-95 pips)
Currently on the sidelines for EUR ….. no signs of long formation…
AUD still shorting!
Looking into improving stop for my trades... currently placed at the previous high/low + spread ... Maybe i should place a narrower stop...
Had been spending days thinking of implementing a target for my trades.... currently i do not really have a target, i only close trades when i need to flip position... any suggestions?
Good day!

Tuesday, August 2, 2011

Hello

Spending the past few months revamping my strategies.. went for a course that cost me quite a bit... realized trading simplicity... simple charts are easier to trade with ... mainly looking at price action and trend lines only...
past few weeks, the market show great amount of noise and few long trend to ride on... (1H charts). Mainly focusing on FX (EUR&AUD) and local markets (Singapore). Glad to be back!


Currently:
EUR @ 1.4193   SL: 1.4288
AUD @ 1.0929   SL: 1.0983
Shorted both EUR & AUD
Good Day!