Recent content by DownRiverTrader

Eurusd 3-29 If you are trading along with me, you should be short from 3353 or better. Once again, the market gave us the opportunity to establish shorts in the 3353/69 level. As anticipated, the supply at this level sent the market down around 44 ticks today I continue to to look for a for...

sorry--- for some reason I am not getting email updates if someone asks a question. In the trade above I recommended to go long at 3255 and take profit at 3353. Actual low was 3254 and high was 3345. You should be long out of 3254, you can either take profit now, we are trading around the 3330...

Last week we took profits on our long trade that we held out of 3080. Then late in the week, we set up shorts after the FOMC action near the 3386 level for an anticipated countertrend move back to River. At the close on Friday, we closed at 3283 just a few points above our River. Many of you may...

A New Age, A New Mentor, A New MasterMind Have you ever heard the advice that you should find a mentor, someone to teach you "how to trade successfully". I am constantly reminded that very few traditional mentors exist in this world. I do know that change is certain. So I ask myself, "If...

Hold your longs.... The market traded up as anticipated today to close up around 60 points. I continue to follow our theme of short term USD strength until this view is proven incorrect. I anticipate a move to 119.35 and possibly higher. If you have been following the recommendations, you...

EURUSD did close down today about 55 points toward our River Level as anticipated in the analysis from yesterday. If you followed the trading recommendation, you should be short out of the 3386 level. Remember that this is a countertrend move with longer term value pointing to higher levels...

EURUSD for 3-23 EURUSD did close down today about 55 points toward our River Level as anticipated in the analysis from yesterday. If you followed the trading recommendation, you should be short out of the 3386 level. Remember that this is a countertrend move with longer term value pointing...

I do not generally trade the indexes. I thought the set up for this and others looked good for a buy yesterday. So far, so good ....but who knows. http://downrivertrader.squarespace.com/the-view/sp-500-a-buy.html

Gbpusd 3-15 BINGO! The old Gal did have some life after all. The analysis from yesterday was right on the money for this pair today. I hope you were able to take some nice profits on any longs today. I wonder what novice traders were thinking as sje looked old and tired. My guess is the...

Eurusd 3-15 The move up did continue today as anticipated and we continue to hold above River which is coming in today at 3179. Many of us have some nice profits in this trade and have been long since the last week of February. I went back through the archives and we set up longs on February 26...

GBPUSD for 3-13 It was a volatile day for sterling that produced some good opportunities. Hopefully, you were ready and took advantage as 2 of our upside targets were hit and then a reversal back down to our buy area at 9251 (actual low was 9249). These supply and demand levels proved...

US Dollar Index Keep your eye on the USD Index as well as the Euro Index as a general guage of sentiment. A close below River today shows weakness in the USD Index. Keep your eye on it tommorrow for confirmation. SHORT TERM NEUTRAL UNTIL RIVER IS RESOLVED

EURUSD for 3-13 We did move up above the River level today as anticipated and discussed in the post yesterday. It may be helpful to review yesterday's post. The EURUSD was up around 70 pips today. Hopefully you have been able to establish long positions over the last few sessions and have...

What about stop losses? This question understandably comes up often so I thought it may be helpful to talk about my opinion on using stop losses when trading. More specifically, when trading River Theory on a daily time frame. I want to emphasize that my view may not be suitable for your risk...

Well said Sefty. Well said.