Wednesday, June 30, 2010

Tuesday, June 29, 2010

ES midterm down target

I expect a MM down to July low area.

From misc

06/29 ES DT

From misc


Today has some classic textbook setups.

1. Opening big gap down, naturally looking for the 06/09 gap filled at 1151. Today is large range day, so the scalp size is 2 points, instead of 1 point.
2. After sharp down, short at bar 6 LOW 1, for scalp.
3. Bar 9 LOW 2 and bull trap, for MM target.
4. Buy setup is at bar 14, but conservative traders can just wait for short setup.
5. short at EMA area at bar 21, tick forms ND in shorter time frame. ES didn't even touch EMA before going down for at least a scalp. It shows aggressive selling. But Market should have another leg up.
6. Shorts continue to short at EMA at bar 35 and 36, it tested low this time. But it's unlikely for market go straightdown at this point.
7. Bar 57 is EMA gap 1, bar 60 is EMA gap 2. Target is retest the low or forming the new low. Bar 60 is a gift. Stop is the bar high. Still the day is range day so far, at least scalp half position.
8. Bar 65 went down then up, traps both bears and bulls. Normally it means big move ahead.
9. Bar 68 is another excellent entry.
10. At this point, it's reasonable to expect market test 05/25 low and 02/05 low. It broke 02/05 low marginally, then bounce.

Saturday, June 26, 2010

ES

with or without pullback, ES should go up to 1090 area.

From misc

Monday, June 21, 2010

AUDUSD

cover at 0.8770

AUDUSD

short at 0.8767, target is 0.8717

Friday, June 18, 2010

AUDJPY

sold at 79.02, unlikely to break up now.

Thursday, June 17, 2010

AUDJPY

set target to 79.7

AUDJPY

buy at 78.38

SPY July 112 put

sold to close at 2.98

Wednesday, June 16, 2010

SPY July 112 put

buy to open at $3.17

AUDJPY

target hit, too conservative due to absence.
38 pips

AUDJPY

buy at 78.72, set target to 79.1

AUDJPY

sold at 78.89

AUDJPY

buy at 78.56

Tuesday, June 15, 2010

AUDJPY

hits the target, 52 pips.

AUDJPY

set target to 78.91

AUDJPY

buy at 78.39

Friday, June 11, 2010

ES 06/11 day trade

From misc


1. Open MM to the target.
2. H1 at bar 10 for scalp
3. now it's trend line broken for higher high, 2 legs down is expected.
4. short EMA at bar 25 for scalp
5. bar 27 and 28 are 5 ticks failure in 5 mins chart
6. second entry long at bar 28 is good
7. buy at EMA at bar 32 for scalp
8. short at bar 46 is high probability trade. 2 leg corrective upmove.
9. short at EMA at bar 55
10. bulls should be happy to see bar 59 and 60 took out low of bar 27, 28 and 37 then reversal. Buy at bar 60 for scalp.
11. buy at EMA at bar 66 for scalp
12. doji bar 69 2nd long entry, looks bad, but works good. Upside move broke high of bar 44 and 46 is expected. But eventually bulls made strong break move to make new high.

Thursday, June 10, 2010

AUD/JPY

sold all at 77.40

Friday, June 4, 2010

AUDJPY

buy at 76.65

AUDUSD

sold at 0.8320

AUDUSD

short at 83.38

AUDJPY

buy at 77.78

Thursday, June 3, 2010

AUDUSD

close short at 0.8370

AUDUSD

short at 0.8417

AJ and UJ

UJ target is reached at 92.45
AJ out at 78.40

Wednesday, June 2, 2010

UJ and AJ

UJ is disappointing, set target to 92.45.
AJ is much stronger, set to 79.8.

AUDJPY

buy at 78.10 after news.

AUDJPY

sold at 78.00 before news

AUDJPY

buy 77.54.
risky.

USDJPY

buy at 92.15

Tuesday, June 1, 2010

CADJPY

out long at 87.20, not bad for 30 mins work.

CADJPY

buy at 86.30

AUDUSD

AUD rate keeps hold. My last portion was out with 20 pips profit.
Overall it's not bad for 2 hrs work.

AUDUSD

take some off table again with 40 pips profit at 0.8355.
30 mins to the rate decision.