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  1. F

    Trading Excellence

    USD/CHF rose more than when I sold, hitting a small position with close stop @ 65 perhaps I should have scalped going against a big push so quickly at less than ideal bouncepoint. Caught the bouncepoint on G/J though and took 42 pips selling. Now watching U/Chf again for another safer sell...
  2. F

    Trading Excellence

    Good input as usual Galactisol... I note that your short term is 3-5 days whereas mine is moving in that direction... from mostly daytrading to swing. Did you find the Elliot Wave info. fits with what you are doing currently? The USD/CHF picture now needs an update as the pattern may have...
  3. F

    Trading Excellence

    The target for USD/CHF is still lower ideally and so is reversal point, about 9840-45 now. I'm not welling at this point although after the small retracement up might sell in anticipation of another impulse wave down to at or near target.
  4. F

    Trading Excellence

    There seeems to be a bouncepoint looming on USD/CHF at about 9850 and worth going for a big upswing with I suspect. I'll need to watch it as it drops there to know for sure where to enter however if analysis is correct it should rise quite a bit in smaller ABC up at least, perhaps 75-100 pips...
  5. F

    Trading Excellence

    Commodities Rise Most in 2 Weeks; Oil, Fuel, Corn Hit Records By Millie Munshi April 9 (Bloomberg) -- Commodities jumped the most in two weeks as crude oil, gasoline and corn surged to records following U.S. government reports signaling demand for energy and grain still outpacing...
  6. F

    Trading Excellence

    I caught the bounce of the EUR/U down, 6 pips from top after spread and U/CHF up entering about 8 including spread this morning but have taken profit as the larger trend may continue a bit more before larger correction, or at least retrace from direction of the present small correction occuring...
  7. F

    Trading Excellence

    By Haris Anwar April 9 (Bloomberg) -- Canada's dollar fell to the lowest level in a week as traders sold currencies tied to global growth amid concern the U.S. economic outlook is worsening. The Canadian dollar weakened against 15 of the 16 most- traded currencies as the International...
  8. F

    Trading Excellence

    As an email subscriber to a "trade the news" enterprise I recieved the following several days ago... Hi there This is Felix writing. In the middle of November of 2007, I had a gathering on a big yacht with 200 of our members. We discussed many things, but one of the things I suggested to...
  9. F

    Trading Excellence

    It seems that the Elliot Wave patterns, larger scale(daily and weekly candle patterns) show for another upswing for U/CAD but the hourly charts show a recent past sell point of 0172 for a finish of the ABC up, then down in larger C, before another large 12345 rise. In retropsect it apears to...
  10. F

    Trading Excellence

    This trade concept performed well. Target was hit. The pair may double top at 5950 or go higher, not sure at the moment. Currently at 5931
  11. F

    Trading Excellence

    EUR/CHF dropped 20+ pips so part postiion out and stop to 0 on remainder. It should go to 5925 at least however the remainder willl be left to 5905 or sacrificed at 0 stop. Next entry will be sought for in another pair.
  12. F

    Trading Excellence

    USD/CAD may be done an ABC up from last weeks bottom and could head down to double bottom or better.Would have taken a safe sell at 1.0125-30 if I had been at computer and now as the pair seems like it may double top there I may sell with target .0025ish
  13. F

    Trading Excellence

    Just sold EUR/CHF at 5952 as it should retract soon from its upward move in a downward W4 of 5 wave set up on a certain scale. Target is 5905ish.
  14. F

    Trading Excellence

    NFP - 80, expected at -50 according to one source. The whipsaw effect happend. The spike up on EUR/USD helped complete an Elliot set nicely from 5650, could extend higher into larger pattern though so a buy below 5700 might have been good... missed it while multi-tasking, now at 5714.
  15. F

    Trading Excellence

    Very nice swing trade so far, almost like a position trade! Basically that is what I'm working toward doing(in case it wasn't clear enough yet) but often end up daytrading. U/CAD has just hit 0024 which seems like a temporary bounce up before further drop.
  16. F

    Trading Excellence

    April 3 (Bloomberg) -- Billionaire George Soros called the current financial crisis the worst since the Great Depression and said markets will fall more this year after a brief rebound. ``We had a good bottom,'' Soros said yesterday in an interview in New York, referring to the rally in...
  17. F

    Trading Excellence

    By Jacob Greber April 3 (Bloomberg) -- Australian retail sales probably rose in February as an employment boom buttressed consumer spending even as the central bank raised interest rates and fuel costs jumped. Sales advanced 0.3 percent from January, when they were unchanged, according to...
  18. F

    Trading Excellence

    Re-sold EUR/JPY at 160.72 before spread as it has double topped in what appears to be an ABC up although it's not ideally clear. Antoerh 5 wave set down in large C down is hoped for with target of 160.25 or lower. The EUR/U remains high still but shows a desire to drop.
  19. F

    Trading Excellence

    Sold E/J early at 160.45 and it went to 160.75 but my stop was distant in this case. It came down and I took profit at 160.30 area. Going to watch it for a bit now. AUD/USD came back up higher after 35+ pip drop from the 9125 area. I think a re-sell has merit at 9150 area using short stop and...
  20. F

    Short EUR/JPY

    O.K. so your thinking sell EUR/U soon. On 1 hour charts I do see what could be the finishing of an ABC up from 5550, now at 5690ish Exited E/J at 160.30 area as the ABC down could be done actually, if not the B up from 160.25 is happening with C down further, later. If it proceeds lower then...
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