Blog Patrol Counter

Friday, May 28, 2010

#14



14- though out of my time frame i saw the price reversing back up and moving towards the 50sma. I also saw that the recent candles on the 5min all had touched the 61/62 area which was a bit over the 50sma, so i felt that would be the HP bounce spot and took the trade there +6. Have a great weekend!!!!!!!!!!

#11-13


11-again took the bounce off the daily pivot +10 now looking for a short entry
12-price stalled jumped in saw 2 pips thought it would go more but it moved up very fast -6
13-jumped back in up top same type of trade just a higher entry +10

#7-10


7-price pushed or stretched down vertically for about 10 pips, to yellow price stalled +3
8-recent low was 24 so when the priced stretched really fast down to it, i jumped in at buy there off the yellow and the recent low for a bounce +6
9- same trade +6
10-then the price made a direct push for the daily pivot at 14, at 16 i bought feeling that was a big drop and a retracement was in order +8 quick.

NY #1-6


Market is ranging right now with a slight push to the downside, so i am looking for yellows to catch quick reversals until the direction becomes more clear.
1-yellow bought at 49 +5
2-priced pushed down vertically and stalled thought i could get a couple of pips, broke down more -3
3-again yellow vertical price drop knew it had to reverse back up some to pay me +3
4-same trade +4
5-same trade +5
6-yellow to short +4

Thursday, May 27, 2010

#17-18


17-trend is up looking for pullbacks to buy into it, yellow +6
18-same trade +6
Getting close to london to the last 1/2hr of london, where i like to stay out.

#15-16


15-quick yellow counter trade +2
16-short off the yellow and 00, should have held +5

#13,14


13-trend seems to moved up now i am looking for pullbacks to buy into the up move +6
14-similar type trade +9