10.4 A Complete System

[Chris]

Hmmm, Was all the good trading on Monday? Not seeing much to excite me tonight. Anyone got any good Ideas?

[Foreverforex]

Hmmm, Was all the good trading on Monday? Not seeing much to excite me tonight. Anyone got any good Ideas?

Wait. If it ain't there, don't trade.

[Staedtler]

Hmmm, Was all the good trading on Monday? Not seeing much to excite me tonight. Anyone got any good Ideas?

nzdcad, nzdjpy, gbpusd, audcad, nzdusd, audjpy..etc..

several

[Chris]

Hmmm, Was all the good trading on Monday? Not seeing much to excite me tonight. Anyone got any good Ideas?

nzdcad, nzdjpy, gbpusd, audcad, nzdusd, audjpy..etc..

several

Ya, I don't know why but they just don't look like as good of set up as the ones that were presented last night. The gbpusd makes me nervous cause it just barely crossing over the 240.
I guess that is what gets me into trouble, is thinking with emotion, need to be more mechanical.
Thanks for making me take a second look though. I think I will put out some pending orders at least.

[Staedtler]

Hmmm, Was all the good trading on Monday? Not seeing much to excite me tonight. Anyone got any good Ideas?

nzdcad, nzdjpy, gbpusd, audcad, nzdusd, audjpy..etc..

several

Ya, I don't know why but they just don't look like as good of set up as the ones that were presented last night. The gbpusd makes me nervous cause it just barely crossing over the 240.
I guess that is what gets me into trouble, is thinking with emotion, need to be more mechanical.
Thanks for making me take a second look though. I think I will put out some pending orders at least.

Good man

[TraderDesk]

Scanning the currencies my most comfortable pair to trade that fits what I look for is GBP/USD... The setup is good... I also like how CSS is showing positive slope for GBP and negative slope USD... I went ahead and took my position at the weekly pivot looking for to take profit at around 1.53 as GBP like round numbers as well as ADR being around 120 on the 30 day average...

All the JPY's crosses look interesting but I am waiting for better level's on 10.4

[nanningbob]

nzd/jpy and nzd/usd are my two choices for today. My gamble trade is the gbp/usd. 22 pip SL 40 pips to the next line. Other than that, the question is whether or not EURO will drop like a rock or do nothing.

[nanningbob]

Cyprus central bank says all banks are to remain closed until Wednesday March 27

This may make today a quiet day then. Happy trading. Another news story here. Maybe the Russians arent breaking legs after all. The big boys always get their money.

No one knows exactly how much money has left Cyprus' banks, or where it has gone. The two banks at the centre of the crisis - Cyprus Popular Bank, also known as Laiki, and Bank of Cyprus - have units in London which remained open throughout the week and placed no limits on withdrawals. Bank of Cyprus also owns 80 percent of Russia's Uniastrum Bank, which put no restrictions on withdrawals in Russia. Russians were among Cypriot banks' largest depositors.

While ordinary Cypriots queued at ATM machines to withdraw a few hundred euros as credit card transactions stopped, other depositors used an array of techniques to access their money.

[GT3RS]

Bob,

What news sources do you use?

Cheers,

Rob

[nanningbob]

Bob,

What news sources do you use?

Cheers,

Rob

This one is Rueter's

http://www.reuters.com/article/2013/03/ ... 3920130325

I pick up most of my stories from FF or some of the letters I subscribe too. My favorite is John Maudin. He wrote a book called "End of the Debt Supercycle" I think this book is a must for anyone dealing in financial markets. At least you will have a basic idea of the big picture from his book.