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Friday, October 8, 2010

5 MIN Chart KEY BOUNCE AREAS!!!

there are many opps to take bounce trades.  There are a few that you would take a loss on with a tight 3-5 SL.  but that is part of the business.  If You take these Key bounce trades every single day you will be successful at trading.  Again the key is to keep taking the trades.  Just because you lose one does not mean you are going to the lose the next 8 trades, KEEP TRADING!!!   

Monday, October 4, 2010

5min chart..

i would have taken the counter trade first off the support to the left from earlier.  it goes against me but then come back.  i would exit with a 1-2 pips and then shorted into the downmove exited at the S1 and bought up to 87 again and shorted..  

Friday, September 24, 2010

5 Min Chart

arrows mark the entries, most are with the trend on pullbacks to buy into the up move.

Thursday, September 23, 2010

5min chart..

Obviously we are in a downtrend.  Here are clear entries to short into the down move, there are also many clear areas where you can take bounce trades from

Wednesday, September 15, 2010

Asia #1-2,3


just following the yellow indicators in this rangy market
1-short +1.5
2-buy +4
3-short got a bit lucky +4

Monday, August 23, 2010

Later NY trades..


Here are some late afternoon NY session trades i took, did the first one with a friend.
1-the bounce off the 50sma +5
2-price pushed up thru the 50sma i had rest. at 80, shorted there +4
3-the move is now slightly up(because we are above the 50sma) so i am looking to buy into it, was up initially 2 then went against me, i held feeling it would try and stretch up towards 80 +4 and
4-shorted off the stretch in price +2

Friday, August 20, 2010

#21-22


2 more and finished for the week. An excellent session, added in on a couple of trades but NO LOSES today. Sometimes you get in the zone. Have a good weekend...