10.4 A Complete System

[cmeade2]

Those were all great 10.4 trades. Congratulations.

The fact is that there are huge numbers of opportunities in 10.4. The question is who can harvest them.

Sure
Buy .03 A/J @ 98.38 Pulled at 99.16 +78
Buy .03 N/J @ 78.52 Pulled at 79.30 + 78
Buy .03 CA/J @ 92.07 Pulled at 93.01 + 94
Buy .003 N/U @ .8353 Pulled at .8386 + 33

283 pips

All trades taken off with approx 300 total pips profit today. Still waiting on G/U with a very tight stoploss. Got in E/J short and looking at G/J, ( The Hellevator ). Thinking short with tight stop. Anyone else see anything that I dont see, comments??

Jim

Can you post your closed trades from today? I'm only in AUDCAD, AUDJPY, and AUDNZD, all pretty stagnant. Didn't have anything that took off, but think I scaled back on trades after whopper Monday.

Thanks,

FF

[cmeade2]

My only other comment is that all of these trades were made about 24 hours ago. And I think that Forever's comments reflected the stagnation of the market in the past 10 hours or so.

[nanningbob]

I pretty much stayed out of yesterday took three trades and when they kind of just hung around I closed them and went to bed. nzd/jpy was a small trade but that was about it. nzd/usd took off after the USA close but I was out by then. eur/usd ranged within 60 pips so not much to choose from. Wish I could give you an idea of what to do today but my best guess would be to see if some euro shorts are available. Cypress banks will open today and probably be a run on the bank. I suspect they are ready for that. That will not be news and I dont see the market reacting to that. Only becomes an issue if the run on the banks spreads and I dont think that will happen.

Bunch of currencies hugging the 240 line which means direction is iffy. AUD some show sell, some show buy and reflects the market. I see trades at aud/cad, chf/jpy, and eur/gbp and the rest is yucky looking. I will sit on my hands again today and may take a shot here or there but I wont be committing major trades until I see some movement. I will look to see if Euro Bears jump in but that is about it. Below is pic of eur/usd, the market was so dead that it didnt even move from one line to another using daily S/R. NZD strength seems to be it.

[Chris]

Yes I took several trades today and pretty much ended up break even. would have been great but AUDCAD did not want to cooperate(it took all my winners to BE). Looks like it will give me another chance tonight to get in at the WP.

[SteveHopwood]

Like most others, I had a stunning day yesterday.

Today, I found a ACad buy. This joins my AJ buy from Friday. Don't much like trading a currency twice in the same direction, but look at the swap. If need be, I can leave the trades alone until the swap reaches profitability. I have done this before and love AUD buy trades, or selling xxxaud

[nanningbob]

CSS Shows top currencies going down, bottom currencies going up. Commodity currencies moving as a group right now so AUD,NZD,CAD buy situations. Eur Currencies all showing weakness GBP,CHF,EUR. So that may be your best connections. USD, JPY zzzzzzzzzzzzzzzzzzz

[etheldreda]

CSS Shows top currencies going down, bottom currencies going up. Commodity currencies moving as a group right now so AUD,NZD,CAD buy situations. Eur Currencies all showing weakness GBP,CHF,EUR. So that may be your best connections. USD, JPY zzzzzzzzzzzzzzzzzzz

Bob,

when using CSS as we know the last slope (current day) would be still on the move. When you read "going down", did you see it based on previous several days info, or specifically just today current move?
Because if using today's slope only, depend on the time of the day, the reading could give different result and so we have to re-adjust the potential pairs to trade.

thank you,
-ethe-

[spillini]

OK, I know this isnt going to set well with some of you guys, but has anyone really checked out US/ Singapore. Nice spike to pullback and nice setup lurking. I have had some luck with this pair and giving an FYI.

Jim

[spillini]

If I wait on it I may get a bargain. Might be able to get in with only a 20 or 30 Pip stop. Could be worth the risk. Good R & R.

OK, I know this isnt going to set well with some of you guys, but has anyone really checked out US/ Singapore. Nice spike to pullback and nice setup lurking. I have had some luck with this pair and giving an FYI.

Jim

[nanningbob]

CSS Shows top currencies going down, bottom currencies going up. Commodity currencies moving as a group right now so AUD,NZD,CAD buy situations. Eur Currencies all showing weakness GBP,CHF,EUR. So that may be your best connections. USD, JPY zzzzzzzzzzzzzzzzzzz

Bob,

when using CSS as we know the last slope (current day) would be still on the move. When you read "going down", did you see it based on previous several days info, or specifically just today current move?
Because if using today's slope only, depend on the time of the day, the reading could give different result and so we have to re-adjust the potential pairs to trade.

thank you,
-ethe-

Actually those are bad words, what it means is the increase of the rate of increase is slowing down. The chart still shows that price action is going up/down but not as fast as it was earlier. So I am using a poor choice of words. Their rate of increase or inertia is slowing down. I will try to remember to use better terminology in the future so as not to cause confusion. JPY and USD are nearest zero so their increase or decrease of price action is small or flat.