Tuesday, May 26, 2009

Watch for Sells on the Kiwi

Keep an eye on the NzdUsd in the coming weeks. Should be good sell opportunities and we should see some good moves. I will watch and wait this week, but the start of next week, I will be very alert for opportunities in the Sell position.

Thursday, May 21, 2009

Success with the Yen

Well the trade I was looking for happened last night. ( The first of many on the Buy side of the USDJPY)

Entry was at 94.56 and it rose to 95.08, over 50 pips profit. Very nice trade. I am still in it with a smaller position as I took profit off the table and am looking for another entry in the coming hours.

Wednesday, May 20, 2009

I've got the Yen's and its not a terrible thing!

Hello readers,

Last week was a great break, I enjoyed this vacation better than most.

Quick post, the Jpy family is going to have a big couple of days. I will be focus almost primarily on the usdjpy and the gbpjpy.

It is a buyers market and the Yens are on sale! Currently the USD/JPY is at a price of 94.47 and the GPBJPY is at 149.28 expect to see a big price difference by the end of next week.

I will look for any viable reason to buy these in the coming days.

Thursday, May 7, 2009

AArrrrgh! I've been lax!

Sorry for the delays in posting. Life doesn't slow down for anyone and I in particular have had a crazy couple of weeks.

Just a quick update. The last 2 weeks have gone very well. I track my progress in % and the last 2 have been positive, and on track for my goals.

Last week I was up over 5% for the week, and this week, tho only trading thru Thursday morning I am up 6.5%.

Nice steps toward my goal of becoming a professional trader.

Now the good news! I am going on vacation to Destin Florida and am not sorry.. I will try to post while away. May my readers find the rivers wide and the pips o' plenty.