Blog Patrol Counter

Tuesday, December 22, 2009

#8,9



8-a test of 64 again, i did not take the yellow on the spike down because the bias is down and this could easily break hard down, i would rather take the pullbacks to short
9-so once it pulled back up i had shorted earlier at 80 price under the tma i entered. 74 seemed like a good exit, went past it thought it might break down lower but stalled so i took the pips.

#6,7



6- bias was down i took the short went against me i exited
7- same as above but the price got into the zone on the 5min on the pullback, i got in late at 80 but i remember from asia session last night the rest. area was two places, 74 and 64. so those are key areas for me right now until this changes.

#5


5-priced stalled bias is somewhat down i took a short here before the news grabbed 6 Keep trading.......

#4


4- yellow took the buy, and got back the lose, remember keep taking your trades, do not stop trading...excuse the top arrow suppose to be an exit arrow

#3


3- took a buy as the dow opened ++ broke a little support thought it would test the DP at 07 stalled at 05, i did not take my profits and it rev. hard so i took the hit.

#2


2- priced moved back up but stalled dipped under the tma i felt a test of the pivot at 07 was a good exit. I should have bought there. a few more

#1



1- took the buy off the 50sma it went past my entry, i now i wanted to just get out BE or with a few or so. Then of course it moved right back up, these trades frustrate me why i do not have more patience.

Monday, December 21, 2009

#11,12


11- on the 5min i saw a ton of support here so when it spiked to it i jumped in fast and when i saw 2.5 pips i exited.
12- then i waited for a little pullback, felt might get a bounce at 00 so i shorted there in the direction of the move and grabbed a couple more for the day. Now i am finished...

#9,10


9- got yellow to short back into the trend but it moved higher on the london close. so i took a loss.
10- yellow kept popping up so i knew this wanted to reverse back down. I was thinking 35 at the dp for a bounce down but the price stalled at 30 i jumped in with a few other traders and held this, some exited at 25 others 21 but i felt a test of the 10 area was coming. so i held exited at 12. I will call it a day...

#6,7,8


6- support had built at 10 i had a previous yellow i missed so i took a trade at 10 again and grabbed a few.
7- it broke down quick jumped in a buy got executed at 07 looking for 10 it broke against me and i exited.
8- got yellow at 00 i again got in another buy and rode it up, this trade went all the way to 30.

#5



5- the trend is down so i was looking for a pullback up and a stall in price to short, grabbed a few more here. You can see on the 5min chart where the price got into the trade zone here for the short setup. This is a HP trade!!!! Should have held it a bit longer to the test of 18 or so....

#4


4- trend is down now but got yellow to buy i tought a test of 21 would be a good target to exit it went against me again and again i held, looking for it to come back up and get me out BE. which i did. yellow is working sometimes you time it perfectly and other times it drifts against you. Now waiting for the next trade hopefully an up move to short...

#3


3- daily pivot at 37 got in at 37, went against me but i felt a bounce would come, so i held on then got the yellow to confirm to stay in my buy soon as i saw 39 i got out with 2.

#2


2- took the 50sma bounce though at first i missed the initial touch, then i got in, went against me but i felt in this slower market it might come back to me and when i saw a couple pips i exited quickly as it seemed to want to go down to the daily pivot

#1


1- yellow to short nice start to the day

Friday, December 18, 2009

#12&13


12- pure speculation that the price was going to try and drop to 1.4250 but i exited at the recent low of 68.
13-got RED to short, i felt 86 was a good spot to short from so when it touched it i shorted got in 84 kept hitting 81 up 81 up 81 up finally i just exited grabbed some more pips because london close was coming and sure enough it dropped another 8 pips, figures... always the case right....

#9,10,11


9-there is the drop, i jumped in a buy usually the usd likes to stall around 94 and a bounce to 00, when it broke against me i exited as this could easily fall another 50 so i did not want to get caught.
10-same trade, started to move up again, when the price got to the 95 area where it had just stalled i exited and made back the money i lost
11- it went higher and i shorted at 00, should have held but grabbed some more pips to the count.

#7&8


7- earlier the price had stalled at like 19 so when it hit i jumped in quick it shot up and i exited in a second. quick trade. Do not try this at home....
8- it broke that support and i jumped in a sell thinking is was going to break down hard, it did but i got tired of waiting and exited basically BE. man this trade pissed me off as i felt the drop was coming. it went down right after thissssssssssssssssss

#6


6- we are looking for shorts, this was a bounce off the 50sma, man if i only held this as it dropped 80 pips from here....

#5


5- had my finger on the trigger, quick in and out trade very fast very higher risk as no yellow and trend is DOWNNNNNNNNNNNNNNNNNN!!!!!

#3&4


3- priced stalled at 50 jumped in when it spike i closed
4- got red shorted again, should have held this one but again anothe quick run
At least for now SHORTTTTTTTT!!!

#1,2 THE PERFECT TRADE



1- shorts are in play, red to short, i waited and exited when i got yellow
2- then i closed and opened a buy off the yellow and grabbed 2 the other way
the 5min chart those the zone the thumbs up area to short from, my next possible bounce area is marked with the X, for a reversal up depending on the speed of the move.

Thursday, December 17, 2009

#9,10


9- these are the trades i love, red then i got the yellow and shorted from the 25 and down in and out quick.
10- same trade pushed higher got yellow, thought it would test the 25 again so i waited for the exit, i was with the trend so i held a bit longer.

#6,7,8


6- 25 was the recent low so i thought a nice bounce up here was eminent had yellow but it broke against me.
7- priced stalled at 15 still yellow took the buy at 16 and it was touch and go finally saw 21 and took it.
8- then yellow again for another buy at 06, counter trend think this was going to tank down hard, when i saw 10 i jumped out only to watch it slowly climb to 30's

#5


5- shorts are still in play dow is -90, 70 area is showing consistant support, so i shorted and held. some nice pips today

#3,4


3- thought is was going to break should have shorted at 70, like before my mistake took a small lose,
4-got yellows jumped in at 75 rode it down to 65

#2


2- a counter trend trade, saw yellow entered at 48 exited 52.. I will be very very cautious about counter trades or buys in this mkt. tight s/l.

#1



1- trend bias is down, support from previous candles high on the 5min chart(check marks) show 70 as the area to short from. I had the 50sma at 70 plus yellow was telling me a short was coming. so in and out with 5.

Wednesday, December 16, 2009

Pre Asia


I took a bunch of trades during fomc and did well on the pip count but they were too fast to mark and post. I was doing some work heard the yellow audio alert go off. I checke the 5min chart and saw that support has been formed at 21 as a bounce area, the yellow alert started at 25 but i waited to get a push to the 21 figuring that would be a solid bounce area. So here is the trade to start off the night.

#8


8- took a buy at 80 went a few against me but the trend it up, so i held, grabbed 4

#5,6,7


5-expecting a bounce off the 50sma, dow had just opened and went positive so up it went did not close it right away, i got a pullback down to 62 and exited and
6- bought on the same trade, rode that up to the spike up around 80.
7-took the short off the yellow

#4,


down to the daily pivot, it did not hold the price switched direction gave back all my profits. Oh well more trades to come...

#2,3


2-another counter trend trade off the yellow
3- a continuation trade for a few more

#1


1- price is moving up nicely, recent past resist. at 80, it spike to 79 got yellow i jumped in rode it down until priced stalled

Tuesday, December 15, 2009

KEY BOUNCE AREAS for ASIA

#10


10- yellow short 50sma bounce down

#9


took this short off the yellow exited -2 only to watch it come all the way back down. Frustrating on days like this. I am up for the day but frustrating

#8

#6,7

#4,5


4- previous support was at 54, jumped in a short, thought he bias is up now, got a couple
5- had yellows tried to get in at 59 missed it got in 57 drifted away, came back down a little got out -2. It happens part of the game

#2,3



2- trend tried to push down further but i felt it would pullback up to the 36 area first, price got above the tma i took a buy and grabbed a few more. Then the price moved quickly directly to the 50sma on 5min
3- where i took a short and grabbed 2.5 more

#1


trend is down priced had stalled felt it might test the little bottom of this drop, white dots, got in 35 exited 31 and break of 36 would be the s.l.

Monday, December 14, 2009

Asia


NY was a slow day, took a few other trades nothing great,
picked up 8 pips on a couple of scalps off the yellow. Again the market is slow and rangy or choppy. when it is like this with a little patience and good entries the yellow reversals are very HP trades.