Today March 8 2007 US Session: (Live EUR/US Futures) 15:40 GMT +1 IMPORTANT NEWS UPDATE ECB Comment: 1. ECB forecast assume a eur/usd rate of 130.00!!!! Status: waiting for fundamentals behind the news to settle down. Step aside jjrvat
Today March 8 2007 US Session: (Live EUR/US Futures) 17:00 GMT +1 Random Comments: 1. I think the storm is over ... I'will wait the next hour before deciding to look for shorts. 2. I'm getting bored to step aside ... I don't want to lose my patience and start making impulsive trades ... 3. This is the last try today Status: Step Aside jjrvat
Today March 8 2007 US Session: (Live EUR/US Futures) 17:18 GMT +1 Random Comments: 1. I was checking the M60 chart with 5 and 8 WMA... It could have been a nice 50 points ride from the cross at 8:00 AM till now... 2. Most of the times the simplest signals are the clearer and easier to trade ... Status: Step Aside jjrvat
Today March 8 2007 US Session: (Live EUR/US Futures) 17:30 GMT +1 UPDDATE Trade 1 1. 17:30 PM (131.42). Price below 36 SMA? (yes) Short (yes) 2. M2 BB hit? (yes) M2 RSI overbought? (no) Daily pivot hit? 131.51 (no). Random comments the 131.50 area looks like a nice entry point Status: Waiting for confirmations to short jjrvat
03-08-07 04:23 PM Today March 8 2007 US Session: (Live EUR/US Futures) 18:41 GMT +1 UPDDATE Trade 1 Cancelled 1. 18:41 PM (131.32). Price below 36 SMA? (yes) Short (yes) 2. M2 BB hit? (yes) M2 RSI overbought? (no) Daily pivot hit? 131.51 (no). Reasons Waitng for wrong pivot point at 131.50 area Status: Going for a walk. I´m totally out of time with the market jjrvat
Today March 8 2007 US Session: (Live EUR/US Futures) 19:52 Gmt +1 Enough! more than one hour in a 5 point channel... Closing the day jjvat
Today March 8 2007 US Session: (Live EUR/US Futures) 20:00 Gmt + 1 Trading day 4 summary Daily evaluation: boring day. 1. Good sense in macro but not synconized with the market action in the short term. 2. Was always one pivot point behind the market ... Maybe extra reassurance for the news? 0 trades and 1 missed. Rating: Below Average Trades: 0 Missed trades: 1 Direction Forecast for long or shorts: 4/10 9:30 â 11:00 Shorts. OK 11:00 - 17:30? Step aside. OK until 15:45 from then till 17:30 Wrong 17:30 - 20:00 Shorts. Not exactly right nor wrong Entries: 3/10. Missed trade in the morning but I did call it on time ... again waiting for too many confirmations in a clear scenario Exits: N/A
Today March 8 2007 US Session: (Live EUR/US Futures) 20:00 Gmt + 1 Final Comments: 1. Tomorrow full of news European session: EUR German and French Trade Balance and French Industrial Production m/m US session: The feast for speculators and gamblers (Nonfarm Employment Change) and USD Unemployment Rate, Average Hourly Earnings m/m and USD Trade Balance Seems like a morning for shorts and afternoon for longs. We´ll see jjrvat
Today March 9 2007 European Session: (Live EUR/US Futures) 9:15 GMT +1 Trade 1 1. 9:15 AM (131.49). Price below 36 SMA? (yes) Short (yes) 2. News 8:00am EUR German Trade Balance (16.2B / 11.1B(r)) 8:45am EUR French Industrial Production m/m (-0.3% /1.0%(r)) 8:45am EUR French Trade Balance (-2.8B / -2.6B(r)) 2. M2 BB hit? (no) M2 RSI overbought? (no) Daily pivot hit? 131.51 (no). Status: Waiting for confirmations to short jjrvat
Today March 9 2007 European Session: (Live EUR/US Futures) 9: 42 GMT +1 Trade 1 1. 9:42 AM (131.51). Price below 36 SMA? (yes) Short (yes) 2. News 8:00am EUR German Trade Balance (16.2B / 11.1B(r)) 8:45am EUR French Industrial Production m/m (-0.3% /1.0%(r)) 8:45am EUR French Trade Balance (-2.8B / -2.6B(r)) 2. M2 BB hit? (yes but very quiclkly) M2 RSI overbought? (yes but very quiclkly) Daily pivot hit? 131.57 (no). Status: Waiting for confirmations to short jjrvat