Blog Patrol Counter

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.