Well, the GBP/CHF trade broke just like everyone said it would. It broke pretty nicely too, to the tune of about 400 pips. See for yourself (click for a larger picture):
[...]
| |||||||
Well, the GBP/CHF trade broke just like everyone said it would. It broke pretty nicely too, to the tune of about 400 pips. See for yourself (click for a larger picture): [...] Still watching the surprise box on the 1 hour chart. In fact, there are reasons to take a breakout on this pair in almost all the time periods. Here is the 1 hour chart: Click picture for larger image. I’ve backtested surprise trades pretty extensively so I’m confident in taking a surprise box trade [...] I’m watching a Surprise Box trade on the GBP/CHF. I have alerts on Metatrader to trigger at the bottom of the box at 9803 and the top of the box at 0147. Looking for a close on the 1 hour chart outside of these levels. Let’s see what happens! It is 9:39 Hawaii time and there are a few trades setting up. Watching: NZD/USD – Booker Bands/Bossilator AUD/USD – Suprise Box GBP/USD – Suprise Box EUR/USD – Suprise Box I’m trying to become more conscious of the news and get back in front of the screens. On deck for today: [...] I read an article a few months back about how oil would hit $100/barrel. I had no doubt that it would eventually, but with the sharp rise in oil prices this week, it might be coming sooner than I thought. With a close at nearly $90 today, that will put additional strain on an already [...] Huge gaps in reaction to the non-farm payrolls! That’s why I stay out of the market before this report…not to mention that I was at the bar and friends don’t let friends trade drunk. Most of the majors experienced big reversals and if you thought you caught the breakout you might have been taken out [...] New home sales showed a pretty significant drop in August, down 8.3% from last month, while Core Personal Consumption came in at 1.4%, a little over the consensus of 13.% [...] It’s 14 minutes until one of the most important Fed meetings of the year…what do you think the Fed will do? It is my opinion that they will lower the Fed Funds Rate 25 bps. I don’t really know if they will drop the Discount Rate also, but we will find out in 11 minutes… [...] How about those non-farm payrolls? NFP is of course a report of the number of people employed at non-agricultural businesses. I wasn’t able to trade last night and missed out on some pretty substantial moves. For the first time in 4 years [...] |
  | ||||||
Privacy Policy | Disclosures | Photos | Archives | Sitemap Copyright © 2007 to 2012 GreenRoom Investments LLC | Web Hosting by HostGator | |||||||
Twitter
Facebook
Google+
LinkedIn
RSS Updates