AUDUSD

short term target is to test 0.9000 area.

From misc

ES 07/09

ES should make a run to test the high

From misc

EURUSD

If EU manages to close above the resistance line and the downtrend channel line strongly. It has a lot upside room.

From misc

30 days real time trade posts on Forex

Well, almost 30 days. And I did forget to post in the last few days of June, due to World Cup I guess. That's it, I won't post real time trades anymore.

Record:

AUDUSD +27
CADJPY +90
USDJPY +30
AUDJPY +46
AUDJPY +30
AUDUSD +47
AUDUSD +18
AUDJPY +19
AUDJPY +52
AUDJPY +33
AUDJPY +38
AUDJPY +64
AUDUSD -3

All trades are sort of swing trades. Total 12 winners and 1 loser. Pips earned is 491.
Not bad.

Converting Futures to Forex

GBP/USD, EUR/USD, and AUD/USD:

Go to www.cme.comand click on e-quivalents

Make sure you use the middle section, and choose the currency from the drop down menu.

Add the "Forward Points" to the futures bid/offer to find the forex equivalent.

Example (from today):
EuroFX: -15 forward points (approx.)
Futures bid: 1.2188

Forex equivalent = 1.2188 + (-.0015) = 1.2173

USD/JPY, USD/CHF, and USD/CAD:

FIRST: Calculate the inverse of the futures quote (1/"futures quote"). For example: if CHF futures bid is .7893, inverse is 1/.7893 or 1.2669.

Then go to www.cme.comand click on e-quivalents

Make sure you use the middle section, and choose the currency from the drop down menu.

SECOND: Add the "Forward Points" to the inverted price.

Continuing the CHF example, if the Forward Points = 30 (approx), then forex equivalent = 1.2669 + (.0030) = 1.2699

EURUSD

It reached my initial target zone after NFP report.
See how it closes today.

EURUSD

strongly bust through congestion area. 1.2630 area is expected.

From misc

EURUSD upside targets

It should test the long downtrend line after 1.2350 area is broken out.

From misc