Search results

Basically Pivot point in relationship to the MA. For example, if the price is below the central pivot and the previous daily bar is above the MA, It could be considered a buy at that point. It would of course depend on your particular strategy and targets. The same method could be used with...

What made you consider using this double MA system? While I can't consider myself in that 5% of elite traders, I have always had problems using them alone, finding the signals they give either too late or not significant. I do find them useful in conjunction with other tools (Pivots, parabolic...

I had to get up early (7 am) to open up the theater for the fire inspector. I got out of the trade at about 1:45 am, so as that I could get enough sleep. Normally, I work nights, so I can trade those prime hours easily. Lately though, they have been screwing with my schedule. The regular work...

Got out too early. Euro/USD starts it climb up with a up to 1.24. I need to quit my full time job so I cn styart trading more.

Well, I definitely got ahead of myself. Close out of the position at 1.2221 for a gain of 26 pips. So, total for the week is +18. I still think this is a good position to get in though long as you have proper stops in place.

Just hit 1.2226 Moving stop to 1.2210 New target is 1.2270 Until evidence proves otherwise, I am going to treat this as the reversal and ride it to somewhere over 1.23 Lb

Bought Euro/USD at 1.2195 Looking at 1.2220 as initial target Stop at 1.2180

Closed position at 1.2190 Gain of 9 pips. Gonna have to wait on this one. Will think about re entering later today .

Bought Euro/USD at 1.2175 Initial Limit at 1.2220 Looking at potential move above 1.23 Stop currently moved from 1.2140 to 1.2175 as position is already at 1.2190 as I type

The temptation is too great. Looks to me like a great opportunity to buy Euro/USD for a potentially EXPLOSIVE move up (sorry for the hype). If it moves below 1.210 again, though, I am not sure. So, I am going to hold on until I see some thing more definite. Its early in the game anyway.

I may have to try it. Normally, I just use my typical set up but in longer time frames and I can get a decent idea where to set stops. Recently, though, I haven't been able to really determine them as well. Too much discretion in my method. I think the temptation to bottom fish at this point is...

I haven't been keeping track of my trades like I should. Here are my trades since 2/23/4. All are Euro/USD 2/23/4 Bought at 1.2483 Sold at 1.2496 Gain of +13 2/24/04 Bought at 1.2542 Sold at 1.2512 Loss of -30 3/1/04 Bought at 1.2435 Sold at 1.2410...

Okay after a crazy week of dealing with the day gig, I can get back to trading. The last 10 days have been interesting to say the least with the Euro/USD hitting a high of 1.2927 to then drop 500 points. Of course, I wasn't able to take full advantage of this. But I am more concerned about what...

Trading is all about maximizing opportuninties. My analysis is generally right, but generalities don't make money. Oh, long Euro, but some dips on the way.

The stop of the previous move should be 1.2532 and it was hit. Oh well, can't win them all. I ,unfortunately, have been out of the market due to work commitments and some very interesting thing have been happening. My opinion is that the Euro will rise against the dollar. The time frame...

Bought Euro/USD at 1.2542 Limit at 1.258 Stop at 1.252

Bought in at 1.2483 Sold at 1.2496 Its not going to happen now. Probably start buying again at 1.248 again

This is my pick. Looking to make a small buy of Euro/USD at 1.2480 Limit 1.2530 Stop 1.2455 It is going to be a rocky night, so I expected to make some changes

Drop me a line, I am definitely interested in meeting Houston/Galveston County area traders. While things have been going well so far, there is always something new to learn. Besides that, trading is a lonely business when no one lese seems to understand or appreciated it. I am currently...

To be precise, League City. Since most people don't where that is though (I'm sure you do, since your in Clear Lake), I usually say Houston. It all one giant suburb of H town, anyway.