Well we have breakout... I will wait for confirmation but will be converting my base currency from CAD to USD... Very bullish on USD now in most currency pairs. <img src="http://elitetrader.com/vb/attachment.php?s=&postid=2018145">
Stopped out on eur/usd long @5565 at breakeven. Currently short eur/usd @5562 stop @5590 Target @5470. Ivan, your short @5620 is kicking some major butt!!! Still at no stops?
Target hit @5470 Wooo Hoooo 92 pips Trade 1 -29 pips Trade 2 34 pips Trade 3 34 pips Trade 4 6 pips Trade 5 7 pips Trade 6 0 pips Trade 7 92 pips Net 144 pips 5/7 winners(0=loss) 71.4% Win 28.6% Loser 34.6 avg. pip win 14.5 avg. pip loss 74% expectancy ratio(.74 for each pip risked) Ivan, thanks for allowing me to post my trades along with you. It's been an honor! Good luck and happy pip hunting.
Took a loss last week (-60) on the Kiwi trade but looking to re-enter, this time short. Currently flat going into FOMC but looking at the 7240 line as that represents the 61.8% Fib retracement from the 6600-8200 run from last summer. It has bounced off it a few times and briefly dipped below this morning before recovering, but if it breaks that with dollar positive news from Fed then I'll look for a short down to 7100, then 7050. If 7240 holds again, then take a long as support holds at this level for now.