Monthly Archives: December 2010

Goal Setting Ideas for 2011

Happy New Year!  2010 is about to be a thing of the past.  What can we do to make things better in 2011.  For starters, be sure to set your goals down on paper.  I don’t know why really, but … Continue reading

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29 December 2010 – 1024 EST EURUSD Long

A final long signal occurred @ 1024 @ 1.3140. The R2 target of 1.3165 was hit @ 1134, which would have been a 25 PIP gain. If we had been more patient, we could have let the price run and … Continue reading

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29 December 2010 – 0859 EST EURUSD Long

Another long signal triggered @ 1.3138 right @ 0859. Price failed to achieve its targets and the trade would have been exited when price fell below the pivot line @ 0952 @ 1.3128. 10 PIP loss (24 PIP loss for … Continue reading

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29 December 2010 – 0758 EST EURUSD Long

Got a long signal @ 1.3138 just before 0800 this morning when price broke above the central pivot line. Price retreated back down below the pivot and we exited at the first sign off trend change @ 1.3130. 8 PIP … Continue reading

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29 December 2010 – 0527 EST EURUSD Short

There was a short signal @ 1.3121 in the EURUSD @ 0527 this morning. The S1 target was hit and then price bounced up, stopping us out @ 1.3125 for a slight loss.  4 PIP Loss. 

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28 December 2010 – 0927 EST EURUSD Short

Another short occurred at 0927 today, with an entry @ 1.3203. The target @ S2 was 1.3144. Price continued down after this trade, to the support level of 1.3096 on the 15 minute chart (see chart below.) NOTE: Due to … Continue reading

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28 December 2010 – 0754 EST EURUSD Short

After our long trade from earlier in the session, price retraced down below the 4 hour pivot, which was where our short signal was @ 1.3225. The target was 1.3199, which was hit @ 0814. If we had held on … Continue reading

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28 December 2010 – 0514 EST EURUSD Short

Here was a long trade @ 0514 with an entry @ 1.3237 and a target @ 1.3257. If you let the trade run and exited at the first short signal, the exit was 1.3262. The 15 minute chart suggested that … Continue reading

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27 December 2010 – 0737 EST EURUSD Short

I did not trade today. No news really and with the Christmas break, I figured activity would be slow at best. We did get a little short trade opportunity in EURUSD at 0737 EST, good for 15 PIPs or less, … Continue reading

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Merry Christmas

Regardless of your religious bend, I want to wish everyone on the Internet, traders especially, a safe and merry Christmas. I hope everyone receives everything that they wish for.  It is my sincere wish for happiness, good health, and of … Continue reading

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