Chronicle of a Death Foretold ?

Discussion in 'Journals' started by jjrvat, Mar 5, 2007.

  1. jjrvat

    jjrvat

    As expected chop the last 4 hours. if there is not a massive rally at US close, I still keep my upside bias for the japanese open....

    jjrvat
     
    #21     Mar 5, 2007
  2. jjrvat

    jjrvat

    9:00 AM Gmt +1

    The prediction was right... last night 1 long in the Australian opening and 3 longs during the peak japanese hours...
     
    #22     Mar 6, 2007
  3. jjrvat

    jjrvat

    Today March 6 2007 European Session: (Live EUR/US Futures)

    Trade 1
    1. 9:30 AM (131.34). Price above 36 SMA? (yes) Long? (Yes)

    2. Next news at 11:00 AM EUR EUR GDP q/q (r) and EUR Retail Sales m/m

    3. M2 BB hit? (No)
    M2 RSI oversold? (No)
    Daily pivot hit? (yes). Strong Resistance ???

    Status: Waiting for setup to go long

    jjrvat
     
    #23     Mar 6, 2007
  4. jjrvat

    jjrvat

    Today March 6 2007 European Session: (Live EUR/US Futures)

    Update Trade 1
    1. 10:15 AM (131.21). Price above 36 SMA? (yes) Long? (Yes)

    2. Next news at 11:00 AM EUR EUR GDP q/q (r) and EUR Retail Sales m/m

    3. M2 BB hit? (yes)
    M2 RSI oversold? (yes)
    Daily pivot hit? (No).

    Status: go long 131.23

    jjrvat
     
    #24     Mar 6, 2007
  5. jjrvat

    jjrvat

    I dont like that the closest daily pivot point is far away. Next resistance is the M 10SMA36 at 131.19
    Daily pivot hit? (No).

    Status: waiting for exit

    jjrvat
     
    #25     Mar 6, 2007
  6. jjrvat

    jjrvat

    Chart M10 entry Trade 1
     
    #26     Mar 6, 2007
  7. jjrvat

    jjrvat

    Chart M2 entry trade 1
     
    #27     Mar 6, 2007
  8. jjrvat

    jjrvat

    Sell 131.29
    Reason: getting to close to news at 11:00

    Profit 6 pips
     
    #28     Mar 6, 2007
  9. jjrvat

    jjrvat

    Today Eur Session: (LIVE Trade)

    Summary of Trade 1

    Trade 1
    1. 10:15 AM (131.21). Price above 36 SMA? (yes) Long? (Yes)

    2. Next news at 11:00 AM EUR EUR GDP q/q (r) and EUR Retail Sales m/m

    3. M2 BB hit? (yes)
    M2 RSI oversold? (yes)
    Daily pivot hit? (No).

    4. Go long 131.23

    4. 10:33. Price hit 131.29 Again Exit
    Sell 1 contract. 6 pips profit Why? Too close to news at 11:00

    jjrvat
     
    #29     Mar 6, 2007
  10. jjrvat

    jjrvat

    Today Eur Session: (LIVE Trade)

    10:48 GMT +1

    Random Comments:

    1. If the 11:00 AM EUR EUR GDP q/q (r) and EUR Retail Sales m/m news are in favor of a stronger euro or neutral. I am thinking to go long again at 131.20 but only if all the conditions are met.

    jjrvat
     
    #30     Mar 6, 2007