Thursday, April 29, 2010

Euro 4-28&29-10

I think it's safe to say I have to stop trading and start sim trading at this point.

Tuesday, April 27, 2010

Euro Action 4-27-10

Shorted at the first bounce at 1.3297,
covered 5 ticks lower.

bought too high later after the first shakeout at 1.3293 and sold 2 tick lower.

Bought on the next shakeout (2nd move down) at 1.3291 on a bar that closed on the high and retested previous shakeout low,
sold 6 ticks higher.

Friday, April 23, 2010

Euro trade 4-23-10

I need to find out a way how to spot a changing structure before finding out by getting stopped out with real money.
Overconfidence in my understanding of the intraday structure is very hard to spot. I guess i'll get much better at it the longer I do this but meanwhile it costs me too many good trades.

New bearish trend in Yen... what would this mean to equities, dollar, euro, etc?

Friday, April 16, 2010

Euro 4-15/16-10 opex friday

Euro 1 minute structure has COMPLETELY CHANGED since Schitty group set their long (short) entry and stop (exit):

Thursday, April 15, 2010

ATR vs. Volume in Forex Crosses

Recently I've noticed that ATR can be displayed as a histogram in TOS's (thinkorswim) platform. You can't do that in etc, so I compared ATR (1) to volume in currency futures and found out the strikings similarities!


This would be greatly benefit trading in pips and not ticks since there is no volume in forex.

Wednesday, April 14, 2010

Euro Action 4-14-10

Theme of the day: chop and a lot of it!
one minute there's a quick new low with bigger volatility and piercing 1min bar closing on the high,
2 hours later the same happens after a resistance trendline/spec fib break with new high of range with a 1min bar closing on the low.

Tuesday, April 13, 2010

Monday, April 12, 2010

Euro Action 4-12-10

Bullish signal appeared again, how many times this year already? too many.

My confidence in my own trading has really slipped since i stopped myself out on pretty bad reasoning. again...

Thursday, April 8, 2010

Euro Action 4-8-10 continued

UPDATE: Finally price broke support diagonal 40 minutes later - very choppy stuff, probably a continuous structural reaction to easy (to call) tape action today.

Euro Action 4-8-10

Bullish signal appears again (inverse hammer then hammer 2 bars later)

Bullish continuation bar (2nd image): pierced new low of range (retrace of leg higher) then finished ABOVE open)

Monday, April 5, 2010

Euro Bullish Signal Repeats 4-5-10

Euro bullish signal that shows up on the 1 min chart time and time again... too bad i was 10 ticks and 5 minutes too early today to this party.