Jezek5's FX Trading Journal.

Silly me,it is the Dollar i'm trading against,
there is only one way to trade.
 
Re: Kiwi

Well it did pull back to breakout point and then push down but
it was to late in the day to trust it for my liking.
Never mind.

So now we're breaking out to the top side of inside bar,
got some resistence at .7957 but the way things are going
not sure it will hold.
Just can't keep a good Kiwi down.
 

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Re: Kiwi

So now we're breaking out to the top side of inside bar,
got some resistence at .7957 but the way things are going
not sure it will hold.
Just can't keep a good Kiwi down.

Sorry about the multi posts but i want to
get off page 13.
Kiwi daily,with all the meaningless resistence.
 

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Re: Fiber

Got a quick scalp long earlier,waiting for 4523 to give way.

Daily does have a lot of resistence up here,
not surprising its slow going in this zone.
 

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DX Daily

I can almost smell the first target,
but Fiber needs to push up to hit it,
all in good time i guess.
Oh good,i'm off page 13,don't like
that number,even though it is a fib number
and makes a very good MA,gave up using MA's a while back.
Apart from sometimes short term scalping on a 5 min when i
have one of my funny turns.
 

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Re: Fiber

Is it me or is that showing signs of short term topping.

Interesting level,make or break i guess.
Scalped a bit more on the short side ,flat now,
waiting for signs.
126% of ADR,think i'm buying here.
4388
 

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Re: Swissy

If Swissy doesn't bounce here then next stop is .8850.
Took a short scalp on it today,fully documented over
at Swissy thread on FF.
Made 35 pips.

Poor old Swissy, seems to only know one way to go.
Tonights close could be interesting.
 

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Fiber drop

Somethings not right about this drop,
haven't got time to go through it now,
will come back to this when i got time.
Added at 75 to go with 88.
 
Re: Fiber drop

Somethings not right about this drop,
haven't got time to go through it now,
will come back to this when i got time.
Added at 75 to go with 88.

Longs at 4375 & 4388 closed at 4403.
News coming.
 
Re: Swissy

Poor old Swissy, seems to only know one way to go.
Tonights close could be interesting.

Going up or going down,who knows,
but i know where i'm looking to buy
and looking to sell.
I think we need to test the lower level at least,
would be nice to get up to .8945 to sell but don't
think we'll get there.
 

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Re: Silver

For those thinking of being a hero and joining JPmorgan
in a short have a look at this.
I hope Jps eyes are bleeding,there hasn't been any short PA on this chart since
April 2008,and there still isn't.
The really funny thing about the JP Morgan short as i understand it is
that there isn't enough silver in the comex for them to buy to cover
that short.Talk i hear is that they're trying to do some kind of cash deal,
yea,good luck with that boys,
silver over 50 anyone.

It just keeps going and going.
Enough talk of JPMorgan,they're great traders,
it's clear they were trying to hold the price down
for somebody else,can't think who.
Breakout to the top side from an inside bar.
 

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Re: Fiber drop

Somethings not right about this drop,
haven't got time to go through it now,
will come back to this when i got time.
Added at 75 to go with 88.

First ,i made good pips today,close to 100,but to be frank it should have been at least 200 pips and i'm annoyed at my lack of ability to hold my trades for longer,must work on that,i know why,it stems back to last year but i don't want to talk about that now.

Several years ago i studied VSA for amost a year,i don't use it now and certainly don't use the crap tick volume indi that some traders swear by but that sell off earlier today really felt like low volume,sure enough here we are back where we started.
Daily close looks strong,looks like tomorrow could be another up day but it is Friday,i don't like Fridays much.
4 Hr & Daily chart.
 

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Re: Swissy

Poor old Swissy, seems to only know one way to go.
Tonights close could be interesting.

What can i say,poor Swissy,closing right on the lower line,
this looks bad,again though it is Friday tomorrow.
Daily & 4 Hr
 

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Re: Kiwi

So now we're breaking out to the top side of inside bar,
got some resistence at .7957 but the way things are going
not sure it will hold.
Just can't keep a good Kiwi down.

.7957 still the level to break,does look bullish though.
Daily & 4 Hr
 

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Might be setting up for a long soon.
Crappy day so far though,nothing doing.
 

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Fiber,Weekend look.

Even with all the bad news yesterday Fiber couldn't even touch the day
before low.
Fiber could pull all the way back to 4200 and still be in a big bull run,
not that i think it will pull back to there,be bloody nice if it did though,
that would be a load the boat time.
1.5000 is still the very least we will get to,and no i don't base that on Goldman's
call,i started thinking this target was possible around the middle of January,
and i see nothing to make me change my mind.
So the coming week unless something changes i will be looking to buy the dips.
 

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Swissy Weekend look.

I really don't know why people are trying to buy this.
But then as an old poster "Petercrowns"that i loved to read on another forum would say,
people like putting studs in their nose and tongue and the likes so there you go.
I've been selling rips and will continue to do so until i see anything different.
 

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Kiwi.Day & Month.

Kiwi still moving up,posted a monthly chart to show where next resistence
is,it looks like we have clean air between here and there,
just one last bit of resistence right here.
Buy dips still looks like the only play.
 

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Silver & Gold.

Gold next target 1518,then 2000 at least before the end of the year.
Silver very close to second target,but i see no reason for it
to stop there,50 + very easy .
We ,the indebted west see precious metals differently than
where the real money is now,the east.
I don't think this is a bubble,i think this is a readjustment.
Any pullbacks are buying opportunity's i think.
 

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