Wednesday, August 26, 2009

DAX Future (FDXU9)

Hello everyone! 

The morning does not look exciting because there are a lot of news this afternoon. 

For now, the DAX future is evolving in range, and I think he will not leave until the news. But we can already place orders around

Have nice trades !

Tuesday, August 25, 2009

CFD AIG

The course is currently on its support if it's broken we can go short.

Have nice trades !

FCE Sept09 - Abort !

 We can remove the order placed below the range. It is no longer useful.

Have nice trades !

Future DAX (FDXU9) - End !

In only few secondes my TP was reached ! It was a really nice trade !

Have nice trade !

Future DAX (FDXU9) - Following !

DAX finally made new summit, then we can add an order above.

Have nice trades !

Light Sweet Crude Oil - End !

Oil is removed from its range at the top. The movement was sufficient to reach my TP.

Have nice trades !

Light sweet crude oil

Light sweet crude oil is evolving in a small range. We can put orders around this range.

However, be careful with false breakout before the news.

Have nice trades !

FCE Sept09

The FCE is in the same configuration that DAX. Volatility is weak this morning, certainly because the market is expecting the afternoon news.

We'll put order only below the support.

Have nice trades !

Future DAX (FDXU9)

Hello everyone! 

This day has begun a little late, my alarm has rung an hour later than expected ... 

Anyway I did not miss much, the DAX has not made any real consolidation on the rise. For now we'll place the resistance on the highest of yesterday and the support in the lowest today. 

We will only put an order below the range, because the high is not really defined.

Have nice trades !

Monday, August 24, 2009

S&P500 Future - End !

 The future SP500 tried an exit from the top, but the movement was not very powerful. The course eventually plunge and break down the initial range. With good money management, this transaction allow to earn money.

Have nice trades !

FCE Sept09 - End !

The FCE has a small exit from the top, but the volatility was not present. We had to take profits quickly.

Have nice trades !

S&P500 Future

The SP500 is evolving in a range since this morning, I believe that opening U.S. it will be broken. 
We can then place an order above and below.


Have nice trades !

FCE Sept09

FCE is in the same configuration as the DAX future, except that this time, day support and yesterday resistance coincide. We can therefore place orders around this range.

Have nice trades !

Thursday, May 21, 2009

Go on hollydays !

Hi everybody !

I take little hollydays until sunday. So I will make a recap of the week when I will come back.

Have a nice day !

Wednesday, May 20, 2009

Bad Tuesday !

Hello !

Today I spent 2 orders, one of which is ongoing. I trade without thinking, without analyzing the market, etc ... I have very little trade. Initially I did not want to go order because I was too tired. But to make you happy, I said "if I will not trade nothing to tell yet." What good reason to place an order!

So logically I made my first stop to 30 pips. But I did not have enough, I spent a 2nd order after 21h while I can almost never trade after hours especially with as little movement. I have a stop 20 pips this time, but it is very very close. I think it will soon be hit ...

Good evening !

Monday, May 18, 2009

Monday, No trade !

Hello !

Today I did not go to trade, I have not had any real clear signal from the time I arrived in front of my screens. 

So I preferred to stay away.

PS : I have finished to read CityBoy, and I recommend it ! It's a really good book about finance world.

Have a nice day !

Sunday, May 17, 2009

Cityboy !

Good evening !

Thursday, I've bought the book : Cityboy: Beer and Loathing in the Square Mile. I've read about 300 pages, and it is a really good book. 

I like the way it is written. Geraint Anderson is really an amusing character, his personality is strange. He is divided between his education and his desire for revenge. I'm pretty in hurry to know the end !

So, I advise everybody interest by finance to buy this book.

Have a nice day !

Saturday, May 16, 2009

Thursday and Friday, No time to trade !

Hi everybody !

I have not had time to write thursday night because I went back again later. So I apologize for the delay. I'll make a summary of Thursday and Friday in one post because there is not much to say.

 Thursday I did not have much time to trade, I only spent an order around midday on GBP/JPY. I went short, but unfortunately due to the high spread my goal was not achieved.  All that was missing a little more pips or two. My stop was hit following the strong rebound that followed the lowest.

Result of Thursday : -30 pips

Friday, the situation was quite similar. I did not have much time to trade and I have never like place orders on Friday evening. I made only an order on GBP/USD, because majors crosses fallen for most but not this one. So I relied on the correlation and the signals that I received from my system. I put a TP at 20 pips only because I did not want to fall into the same trap as the previous day with a spread too high. Finally my goal was reached very quickly and the fall continued even lower as I thought. 

Result of Friday : +20 pips

No significant errors in my approach. Except for the friday order that I spent a bit hastily and would have requested two minutes of thinking.

Good evening everybody!

Wednesday, May 13, 2009

Wednesay, neutral day !

Good evening !

Today, I have nothing to say. I have just shorted EUR/JPY when it broke the yesterday lower, but my stop was reached before the fall.

Result : -30 pips or -31.20€ 

And after I have shorted again a few minutes after the news, I was lucky because I got 32 pips or 33.36€.

Have nice trades !

Monday, May 11, 2009

Tuesday, no luck !

Hi everybody !

I have decided to jump from last monday (may 4) to To(ues)day (may 12), because I'm a lazy guy.

So let's go for the story of my unlucky day. 

5:00 pm : Back @t home, I turn on my screens and I run MT4 like everyday of the week. No signal. I have no choice, I have to wait.

Later, I see on 15 and 30 min charts, that EUR/JPY and GBP/JPY have finished their consolidation. I think that it's a good idea to open a short trade.

6:13 pm : I'm short on EUR/JPY. Target at 60 pips.

6:20 pm : I'm short too on GBP/JPY. 

6:30 pm : After 10 minutes of thinking, I have decided to short GBP/USD too. I can earn more but I can lose more with the correlation between GBP/JPY and GBP/USD. But I want more profit, so I short.

6:49 pm : GBP/USD and GBP/JPY stops are touched. There was a big rebounce unfortunately, and in my opinion, that's a reaction of the speech of Obama diffused on bloomberg at same time.

Result : - 60 pips or -61.09€

I'm unlucky because 5 minutes later, GBP/JPY fall again...

6:55 pm : I'm short on GBP/JPY. TP 30 pips.

6:58 pm : EUR/JPY and GBP/JPY reached their target !

Result : +88 pips or +61.17€

I'm pretty satisfied of my trading day except when I have shorted GBP/USD.

Have a nice day !