Thursday, March 19, 2009


20090319 1120 GMT. Shorted eurusd on this wolffe wave pattern on the 15 min chart 1.3477 stop 1.3499.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

Wednesday, March 18, 2009


20090319 Worth it to capture the chart of EURUSD, where it reacted to the Fed's announcement of buying T Bonds as part of its quantitative easing.

20090318 1313 GMT. A nice H&S inverted pattern provided the impetus for this nice move up on eurusd.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

Tuesday, March 17, 2009


20090317 1225 GMT. A short trade we are on in the cable. Twitter/emacro below.

emacro

  1. Exited position 1.3977. After a not so good start, we are now doing ok for the day.
  2. we want to let this run a big so top moved to 1.4065.
  3. we are short cable, 1.4044 after placing sell stop with the price at 1.4055. Took profit on one half at 1.4016, now stop at 1.4038
  4. Back home now.... cable looks like possible short on the close of this 15 min candle

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

Friday, March 13, 2009


20090313 The question on the last long trade on gbpusd is why we held on to the long when it went against us? Two reasons:
1 The stop parameter was still intact and according to the money management plan.
2 There was a pattern that suggested a Wolffe wave in play, with the reversal off point 5 to retest the upper trendline, but in this case the follow through was more than that.(see attached chart)

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

20090313 From the emacro twitter.

  1. emacrocable is now 1.4045, we can close out the trade. Leave eurusd to fight on....
  2. emacroemacroeurusd 1.2911 cable 1.3816. Went down now recovering, still maintaining position long.
  3. emacroemacrohttp://tinyurl.com/au5kgy
  4. emacroemacroAsian session: long eurusd 1.2926 and cable 1.3938. Stop 1.2855 and 1.3855. SNB intervention of chf may cause trend to start.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart


20090313 1016 GMT. Both eurusd and cable goes down but stops intact, now recovering. When the market pummels your osition into losses without stops being taken out, one should always hold on to it, because the price action proves "You are right".

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

Thursday, March 12, 2009


20090313 Asian session: The pattern on eurusd and cable for the long is too difficult to resist. We are long both at current levels.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

Tuesday, March 10, 2009


20090310 We took long eurusd @1.2707, as per twitter/emacro.

  1. emacro1.2778! Well that was fast!
  2. emacroemacrook eurusd now trades 1.2742
  3. emacroemacroOK, the last trade was stopped out. We are now long eurusd at1.2707. Stop 1.2668

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

Friday, March 06, 2009



20090307 1443 GMT. We took long on euro futures at 1.2699 on release of NFP, and it worked out well.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

Thursday, March 05, 2009


20090305 0617 GMT. We are trying this long trade @1.4174 stop 1.4122.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

Wednesday, March 04, 2009


20090304 1442. Trade for the day was to long eurusd @ 1.2525, stop at 1.2482. Now trades 1.2582.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

Tuesday, March 03, 2009



20090303 1331 GMT. a nice stress free move up on the eurjpy long.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart


20090303 Long signal on eurjpy at 123.51.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart

Monday, March 02, 2009


20090302 1209 GMT. Cable breaches 1.4100.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart


20090302 1200 GMT. Cable trades down to 1.4130.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart


20090302 1108 GMT. We shorted cable at 1.4188, stop at 1.4223. The long previously was stopped out.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart


20090302 0947 GMT. We are long cable at 1.4259, 3 bars ago. Stop is at 1.4220.

EURUSD chart
USDJPY chart
GBPUSD chart
USDCHF chart