Tuesday, February 5

From Februay 4-8 Watchlist

Limit order to buy EURJPY, H4 was filled last night @125.699. This is pullback continuation. Another buy limit order has been placed @126.000


Edited Wednesday, February 6, 2013 at 7:17AM:
The paper profit on this particular trade have exceeded 100 at one time, I thought I could let it run more "greed" :o) so I initiated a trailing stop manually of course. Last night the stop was hit @126.44 a gain of +38 less than half of what it should be but that's ok.

This is the beauty of trading anything can happen you never know you can guess all you want, you can be right or wrong. One thing is sure you must always protect your capital.


Limit order to short AUDNZD, H4 filled @1.2340 another pullback continuation based on the prevailing trend. Congestion below might cause price to stall a bit. It will be watched.


Edited Wednesday, February 6, 2013 at 7:39AM
AUDNZD, 4H short still on the move. Stop point  red dotted line has been adjusted to protect gains.


Edited Wednesday, February 6, 2013 at 11:35PM
Stop point  was hit early today got out @1.22750 for a gain of +26. Price came back up strong as evident of that wide range bar..


Edited Tuesday, Febraury 05, 2013 at 8:54AM PST:
Waiting for the opportunity to short. GBPUSD, Daily


Edited Wednesday, February 06, 2013 at 7:46AM
No much action but its getting closer. Keep on waiting.





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