Fx futures Journal

Optionpro007 · Dec 11, 2006

I don't see grails or divergences.....

I see no clear reason for taking this trade.

Could you elaborate? Thanks.

Buy1Sell2 · Dec 11, 2006

Quote from optionpro007:

I don't see grails or divergences.....

I see no clear reason for taking this trade.

Could you elaborate? Thanks.

10 30 60 all point to a bounce. I will add to the position on a stop at at 1.32850 and sell the whole thing at 1.33170

romik · Dec 11, 2006

I take it whenever Euro rises/falls it's against the USD.

Buy1Sell2 · Dec 11, 2006

Quote from romik:

I take it whenever Euro rises/falls it's against the USD.

The euro fx is the future for Eur/Usd.

Buy1Sell2 · Dec 11, 2006

Long the March Aussie future here at .7810

Buy1Sell2 · Dec 11, 2006

March Yen future to be purchased on a stop at .86710

romik · Dec 11, 2006

Quote from Buy1Sell2:

Long the March Aussie future here at .7810

BRD on daily in HIST & RSI double top not a problem?

Buy1Sell2 · Dec 11, 2006

Quote from romik:

BRD on daily in HIST & RSI double top not a problem?

This is an intraday bounce trade only. Looking for 25 pips. Weekly suggests more upside and I will get more long on longer frame upside reversals.

El OchoCinco · Dec 11, 2006

Keeps butting into the 8:30 AM high and bouncing off lol. I also went long the DEC Euro at 1.3199 and it keeps bouncing off of recent high of 1.3204.... are you seeing the same withthe MAR contract?

Quote from Buy1Sell2:

Long euro Fx here at 1.32530

Buy1Sell2 · Dec 11, 2006

Quote from optioncoach:

Keeps butting into the 8:30 AM high and bouncing off lol. I also went long the DEC Euro at 1.3199 and it keeps bouncing off of recent high of 1.3204.... are you seeing the same withthe MAR contract?

Yes. With weekly and daily charts bullish. it makes sense to trade long though.