Recent content by JohnG FX

  1. J

    FX Trading May 28 - June 1

    Didn't quite make the 618 @ 9837 but have gone short @ 9818 anyway will see how it works out Edit : jilly - would like to touch base with you sometime. There is a group of four of us who have been using delta for about 2 years now, it's based on the Steve Copan discs but we never got our...
  2. J

    FX Trading May 28 - June 1

    Hi trendie. EW does come into it. will try and give you a better explanation later today after the data if that's ok ? Edit : if the larger move is down then lows come on time or later and highs come earlier and vice versa
  3. J

    FX Trading May 28 - June 1

    Hi there Jilly I've got a slightly different count to you atm, I was originaly looking for my ITD 10 to come in after todays line, but that didn't tie in with my MTD 10 high due on the 30th so have counted 3rd March ITD 1 low as an inversion which if I'm right means the 1.9899 high we had last...
  4. J

    FX Trading May 21-25

    I agree totaly. the sub prime is going to spill over IMO. Daily MACD looking very toppy
  5. J

    FX Trading May 21-25

    Hi It depends what you are looking for and why you took the trades in the first place. I'm short dow on a June futures contract and also short @ 13,699 on a September conract. Asian markets came off last night helped by Greenspan and so I would expect the US equities to do the same today on...
  6. J

    Forex Competition

    Hi there Options. Been away for a short break, I see I have some catching up to do ! Not much time left this month but will give it a shot. Good trading to you. ;)
  7. J

    Forex Competition

    Morning Options :) What's your downside target on cable ? On my live a/c I've just covered my shorts and reversed long at 9760, but if US CPI is high then we could go for 9670/80 I've got a 9685 put as protection on the downside but just wondered what your plan was. In a most friendly...
  8. J

    Forex Competition

    :lol: :lol: Same. I've not taken any trades on my live a/c But you keep getting closer and closer :eek:
  9. J

    Forex Competition

    Hi Options I don't think we are going to break either way today. Although could be wrong and I don't like the long I took, I'm looking to cover if given the chance :confused: :)
  10. J

    Currency Trading May 7 - 11

    I'm still holding shorts, quite a few people seem to be holding longs exepecting a .50 tomorrow. No way in my opinion. For the 10 years that the BOE have been "independant" they have neither raised nor lowered more than .25bps at a time I'm still looking for a low into Tuesday of next week...
  11. J

    Just been offered a job on trading floor

    Hi there, was just browsing through the forum and found this thread, will add my tuppence for what it's worth. I'm an FCA and qualified as a CA with Coopers and Lybrand (as they then were) back in 1987, promptly left them to work for Maxwell in the city and then spent the next 10 years working...
  12. J

    Currency Trading May 7 - 11

    Morning all. No cahnge for me, trading as per the chart I posted yesterday and not envisioning any move up in cable unless MPC surprise with a .50 but I don't see that. Will just let the trades run to target so won't be posting much this week. My open positions attached : the 9685 put is to...
  13. J

    Currency Trading May 7 - 11

    Attached is an overview of my forecast on cable for the next 2 months and what I will be trading :)
  14. J

    Currency Trading May 7 - 11

    Holding 9964 short, first target 9770 could well take till thursday to get there but content to hold, Also holding short GBPJPY from 239.34 a longer term trade and targeting a 238 break for 233
  15. J

    Currency Trading May 7 - 11

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