Recent content by Summerset

Euro Yen To Appreciate If the Katrina experience is a precedent to go on. I expect the Yen to depreciate as mushrooming damage estimates continue to weigh on the Yen. I monitoring the Euro yen for any momentum gains on the short term, as I expect its current intermediate term correction to test...

Intermediate term TREND Reversal he same setup can be taken on the Swiss dollar, which is forming a downward wedge. - Charts & count is attached. Longs can be accumulated as of 0.9080, with very slight possibilities of seeing spikes to 0.89-0.88. Stops 150 points below each signaled level for...

Intermediate term TREND Reversal With the positive shift in employment as of last Friday, I believe the Eurodollar is about to complete wave-d, (upwards) in an ending diagonal. Wave-e downwards is about to set in to target 3000. I plan to start taking sell signals to accumulate shorts as of...

Hi, The strategy implemented here will be to isolate a specific wave on a currency pair, and trade it across the week. This isolation process will be done by segregation of the Elliot structure for the traded pair using a momentum technique. It is key to be correct in the segregation analysis...

14:12 Gmt Amend SLs to Euroyen position Amend SLs for 140.30 position. Take SL --> 142.05 for 140.22 position. Take SL --> 141.95 Sterling dollar position engaged

14:11 Gmt SLs hit. P/L on 208.5 entry = -55pips X 10k = -55pips P/L on 208.29 entry = -34pips X 10k = -34pips Total P/L on position = -89pips.

Sterlingdollar & Euroyen 11:26 Sterlingdollar Limit Buy 20k @ 7513 --> 7545. (SL 7478). Euroyen Limit Buy 140.30 --> 142.65. (SL 142.10) 10k. Limit Buy 140.22 --> 142.65. (SL 142.05) 10k.

11:25 Gmt Both Positions engaged

9:00 Gmt Bought 10k limit @ 208.5 (As above). Leave limit to buy 10k @ 208.29 to fill if seen

2/6/1 7.49 Gmt Sterlingyen Buy limit 208.5 --> 209.64 (SL 207.95) Buy limit 208.29 --> 209.47 (SL 207.95) --------------------------------------------------------------------------------------------------------------------------------- Risk Disclosure: Trading foreign exchange on margin carries...

In association with another senior trader in Jeddah. I will be calling intraday signals here using a system based on Wcci signals taken at calculated short term intraday pivot levels related to the average true range (ATR) for certain volatile pairs. The system is designed to specifically suit...

"Trade what you see, not what you think ", -You can't afford to get yr opinion involved in yr trading activities"- PERIOD. If you think in a serene manner regarding this & implement it. You will become a trade robot, strictly following any 2-3 indicators on the market, without implementing any...