Blog Patrol Counter
Friday, February 19, 2010
#15-18
15-i am trying not to trade the last half hour of london as it usually does opposite of what i think so right at the close it made this push up, i shorted right at 50, it broke higher -7
16-spiked up hard again i shorted 61 again as i felt it had to pullback and pay me exited 56 +5
17-bought with the trend at 50 and zoom it went up got yellow i closed at 64 +14 and
18-shorted to 61 +3.
Nice finish to the week. have a great relaxing weekend.
#12-14
#10,11
#9
#5-8
5-seems this wants to push down i shorted at 14, it gave me yellow to exit and buy but i thought it was breaking lower and ignored it, only to watch it go back up i exited at 13 +1.
6-same exact trade but this one broke, got yellow and exited at 98 +16
7- took the buy at 89 off the support at 87 and yellow exited 93 +4
8-took the buy again at 87 off the yellow push down bad execution exited 89 +2
#3,4
NY #1 & 2
Thursday, February 18, 2010
5MIN DOJI FORMATION
i had talked about this before in my posts but i will do it again so everyone understands another candle pattern I look. This is the doji or the indicive candle. What interestes me is seeing a doji with opposite candles on each side. So sell candle doji buy candle then i have a strong setup that this trade is going to go up. Or buy candle going up, the price stalls, a doji forms then a get sell candle, that is a sign that the price is going to reverse.
Early today i took my first buy, i had gotten in and then i saw this exact setup the buy candle a big doji candle though the tail was pointing up, i was in a buy and as i watched the nex few minutes unfold the buy candle formed so i held the trade and got 13 pips out of it i believe. See that i felt pretty strong the bias was going to be up for a bit. When using this setup your stop loss is the top or bottom of the doji candle.
Here are a few examples the second is one that i actually traded.
#20-24
20-take a quick buy at 10 and it jumped up 12 exited with +2
21-came down to the 03 i entered at 06 again rode it up to 14 +8
22-because the trend is going down now once it tested 06 again i shorted targeting 95 area as mentioned in an earlier post exited 95 +11 and
23-bought at 95 it went against me i held this think it might pullback up to test the 95 and then continue dropping, soon as it hit 95 it exited BE and
24-shorted 95 then it went and tested the lows i exited 86 +9
I AM FINISHED FOR THE DAY...WOW!!!!
#15-19
15-took the buy at 23 broke against me -7
16-took the buy at 19 exited 16 -3
17-bought at 14 exited 16 +2
18-bought again at 12 exited 10 -2
19-bought at 07 and exited at 14 +7
so gave a little back trying to catch the move back up. I am exhausted, will wait for a very HP trade a buy at the 95 area or short from up top around 55/60
#13-14
#9-12
9-took the buy at 01, i remember yesterday there was a lot of pausing of the price around 15 area, exited 13 +12
10-took he buy at 05 saw the next support area to attack was 30, price sprinted for it i exited 28 +23
11-shorted immediately on the exit grbbed +2 then it pushed higher again saw he weekly pivot and daily pivot was at 60, but the priced lost energy at 55
12-so i shorted from 52 exited 48 +4
NY#1-8
I saw that the market was extremel oversold and that a correction up was due to happen, the market had been ranging it pushed down a bit into the 45 area
1-i got yellow and entered a buy at 50 exited 65 +15
2-recent highs were at 71, priced pushed to it i shorted and grabbed +4
3-priced then pushed higher came back to the 71 and I entered a buy at 73 exited 80 +7
4-came back down i entered again at 71, saw some highs in london were at 85 so i exited there +13 and
5-shorted to 82 +3 and
6-bought at84 exited the next area of support i saw of the 15min charts at 96 and shorted there plus i had yellow telling me te momentum was slowing a bit or pausing and
7-shorted at 96 grabbed +2 and
8-bought at 94 exited 00 +6
Wednesday, February 17, 2010
#13
#7-12
NY #1-4
1-after the news bias seemed down, priced touched 22 then touched it a second time, i took a short from 20 exited 10 +10
2-similar trade got red to short entered 18 exited 10 +8
3- got yellow for the counter trend trade entered 05 exit 08 +3
4- shorted from 11 exited 08 again +3 should have held this one
Tuesday, February 16, 2010
#15,16
#13,14
13- trend is up got green to buy, exited at 50, no idea it was going to fly higher.
14- got green to buy again the first diamond showed the support, price touched off of it and time to buy, if it broke it by a 1-2 pips i would exit and look for another entry. But i jumped up and grabbed a few more there.
#10,11,12
#6-9
6-shorted from the previous high of 71, it broke against me, -6
7-high from london was 85area got yellow shorted there and grabbed +3 back
8-yellow again at 00 got in 98 to 94 +4
9- priced againg pushing higer, i opened my hour chart to see the next support area i remembered from last week that the 15 area held support so i let it exhaut itself and shorted and caught the move down to the 00 area where i exited and bought next chart
NY #1, 2 & 3
Monday, February 15, 2010
#4,5
#2 & 3
NY #1
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