Today March 9 2007 European Session: (Live EUR/US Futures) 11: 56GMT +1 (131.60) Random Comments 1.Price broke pivot resistance, MACD divergence confirmed... Status: Break before deciding direction for next trade jjrvat
Today March 9 2007 European Session: (Live EUR/US Futures) 12: 15 GMT +1 Trade 1 1. 12:15 AM (131.59). Price above 36 SMA? (yes) Long (yes) 2. M2 BB hit? (no) M2 RSI oversold? (no) Daily pivot hit? 131.58 (yes). Random Comments: 1. I think the market is waiting for the NFP .... Status: Step aside with a long bias jjrvat
Today March 9 2007 US Session: (Live EUR/US Futures) 15: 00 GMT +1 (131.05) News Update 1. USD Nonfarm Employment Change 97K / 146K USD Unemployment Rate 4.5% USD Average Hourly Earnings m/m 0.4% Random Comments: 1. All positive for the dollar especially the NFP previous revision at 146K 2. I think there is still time to go short 3. Close pivot resistance 131.06 Status: Looking for shorts jjrvat
Today March 9 2007 US Session: (Live EUR/US Futures) 15: 03 GMT +1 Trade 1 1. 15:00 (131.01). Price below 36 SMA? (yes) Short (yes) 2. M2 BB hit? (no*) immposible M2 RSI overbought? (no) Daily pivot hit? S1 131.18 and the mid 131.06 (no). Random Comments: 1. Because its going to be impossible in the short term to wait for the BB confirmation, I will use 5WMA and 8WMA as extra confirmation Status: Waiting setup for shorts jjrvat
Today March 9 2007 US Session: (Live EUR/US Futures) 15: 09 GMT +1 Trade 1 Random Comments: 1. I like the 130.94 target .... Status: Waiting setup for shorts jjrvat
Today March 9 2007 US Session: (Live EUR/US Futures) 15: 15 GMT +1 Trade 1 1. 15:15 (131.09). Price below 36 SMA? (yes) Short (yes) 2. M2 BB hit? (no*) impossible M2 RSI overbought? (approaching) Daily pivot hit? S1 131.18 (approaching). Random Comments: 1. 5WMA crossed 8WMA ... didnt have time to place an order (it moved from 131.12 to 132.04 in less than 1 min) ... 2. Thats why I dont use crosses for entries in the short term Status: Waiting setup for shorts jjrvat
Today March 9 2007 US Session: (Live EUR/US Futures) 15: 27 GMT +1 (ARGGGHHH) Trade 1 Missed and approaching to 130.94 target .... %$#$%$#%$#%$#% jjrvat
Today March 9 2007 US Session: (Live EUR/US Futures) 15: 46 GMT +1 (ARGGGHHH) Random comments: 1. Price reach 130.90, 19 pips from my theoretical entry .... 2. I'm missing too many trades .... 3. My gambling and impulsive side is hiting me hard right now after almost 2 days without trading and plenty of opportunities to get in.... Status: going for a walk again ... jjrvat
Today March 9 2007 US Session: (Live EUR/US Futures) 16: 00 GMT +1 News 1. USD Wholesale Inventories m/m 0.7% ... against dollar Status: step aside. Waiting news to settle down jjrvat
Today March 9 2007 US Session: (Live EUR/US Futures) 17: 09 GMT +1 (131.19) Random Comments 1. 131.30 Area looks like a nice spot for the market to start the choppy hours Status: step aside. Waiting news to settle down jjrvat