Baruch's Forex System Journal

Discussion in 'Journals' started by Baruch, Mar 11, 2004.

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  1. Phew. Things are really bookin'! I don't have any positions on because I had a few things to take care of, and I'm not sure I want to enter any positions now; that whole fear of coming in too late is rearing its ugly head. Oh well. There are TONS of great trades out there; by the looks of the chart, damn near every pair I looked at (19 or so) has a viable trade that I could see.

    Steve
     
    #931     May 13, 2004
  2. Barron's has 0,3% (range: 0,2 - 0,6) in consensus for PPI , and 0,2% (0,1 - 0,5) for PPI ex-energy.
     
    #932     May 13, 2004
  3. don't you lower the stop at some point?

    I was up a little in EUR + GBP but gave it back scalping AUD

    am slightly long mini gold ...

    I am upset ... made 4 ticks ( pips) in Eur earlier tonight

    close to the highs ... if I only had stayed short

    going to sleep now

    zzz

    take care
     
    #933     May 13, 2004
  4. Hi Steve,

    Tons of great trades?! Sounds good. Please mention the best two or three of the greatest.
     
    #934     May 13, 2004
  5. Hi again,

    Yes, I move the stop. It's + 20 pips. You are LONG Gold?!! Why?
     
    #935     May 13, 2004
  6. Anyone paying for this service?
     
    #936     May 13, 2004
  7. We could maybe have a surpise here today.

    According to Barron's consensus: - 0,2.

    But with a big consensus range: - 0,9 to + 0,6.

    Prior:

    March: + 1,8
    Feb: + 1,0

    I suppose a big (positive) surprise number will be bullish for dollar (inflation/rate hike). I would not short the american consumer! But who knows?
     
    #937     May 13, 2004
  8. Aww, jeez. Way to put me on the spot! :D

    I really have no way of quantifying which are the best, but I'll toss out a few that I was looking at.

    There's always a chance that the bulk of the move has already been made from the time I jotted down my notes and now, but:

    short EUR/USD
    long USD/JPY
    short GBP/USD
    long USD/CHF

    A pretty common theme seems to be long the USD and short the yen.

    FWIW, I decided to take a shot at EUR/USD, USD/JPY, GBP/USD. Not sure how long I'll hold them, but we'll see....

    Hopefully, I won't be tarred and feathered if I'm wrong. :confused: :D

    Steve
     
    #938     May 13, 2004
  9. close out long gold and go short ...

    then covered short .... now going to sleep !!!

    :p
     
    #939     May 13, 2004
  10. Hi again,

    OK. Sleep well. See you later.
     
    #940     May 13, 2004
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