World Clocks

Saturday, April 29, 2006

GDP Preliminary 2006 Q1 and Chicago PMI


  • Excellent Trend 5 morning after preliminary Q1 GDP released, caught this move neary from the start of the deep pullback.
  • Risk was fairly small and entry may have been a bar early when the spread was nearly 4 pips.
  • At 14:00 GMT there was some heat that could have shaken out this trade not necessarily stopped it out, but no exit signals so stayed with the trade and momentum picked up even late into the afternoon right before close.
  • Closed out 2/3 of the contracs for +70 pips, with 1/2 contract still open over the weekend with a large +75 SL.
  • *** Please Note that a special reference chart was saved in the private section with more details ***

Thursday, April 20, 2006

April 20, 2006 Weeky Jobless Claims



  • Lackluster session low vol and range
  • Stopped for -11 pips
  • Bar after spike would have been a winner, barely green on risk/reward ratio.

Sunday, April 09, 2006

April 7, 2006 After Non Farm Payroll Released


  • Non Farm Payroll higher than expected jobs figure.
  • Entered 14:15gmt Bar, could have entered 14:00gmt bar.

Thursday, April 06, 2006

April 6 2006 Entry Before Candle Prints

Disclaimer

Foreign exchange transactions carry a high degree of risk and any transaction involving currencies is exposed to, among other things, changes in a country's political condition, economic climate, acts of nature - all of which may substantially affect the price or availability of a given currency.

Speculative trading in the foreign exchange market is a challenging prospect with above average risk. You must therefore carefully consider your investment objectives, level of experience and appetite for such risk prior to entering this market. Most importantly, do not invest money that you are not in a position to lose.