Friday, November 27, 2009

Thursday, November 26, 2009

CAD/CHF - EUR/CAD - EUR/GBP

Limit orders for
cad/chf long above .9503 short below .9479 - target 20 to 30 pips
Eur/Cad short 1.5847 long @ 1.5935 target 80 to 90 pips
Eur/Gbp long .9119 short @ .9084 - target 30 to 40 pips

I'm so full of turkey I'm going to bed and let's see how these step children behave while I'm snoring... Just like a BOX of chocolates, you never know what you're going to get... hope it helps

UNG

Ung looks like she 's ready to bust a move to the long side... hope it helps

Wednesday, November 25, 2009

HAPPY THANKSGIVING

I hope you all have a great Thanksgiving... We all have many things to be thankful and GREATFULL for... I haven't made many posts lately, because of distractions that affect my ability to focus and concentrate on technical setups... If you followed my suggestions from my post on 11-23, you should have done very well return wise... I'm in negotiations with investors to setup a GREAT opportunity for many of you to get involved in... Stay tuned

Sunday, November 22, 2009

SO Many great setups to put up I'm tired

cme, whr, vnda, blud /zs rth osg, ldk, eq /e7/zb too many but look great... hope it helps

aud/jpy currencies


aud/jpy nice setup for a long position has to meet one of two criteria's break below 79.44 by 1 pip with a stop of 20 pips or break above 82.44 for long position... hope it helps

Friday, November 20, 2009

30 Treasury Futures

This is worth watching for a break above 121'12 to go long... Hope it helps
FOR those who took this setup you made a FAT profit...

OIL Futures & USO

OIL Futures - a close up look at a nice box play on a daily chart... If you asked me to guess which way, I would say long... If you notice the breakout bar to the downside was immediately taken out the very next day and has held since... Hope it helps
This looks like a PERFECT bull flag, so a break above 41.16 would be a long for me... But because I favor the futures I will take this setup on the oil futures... Hope it helps

Goldman Sachs Shorting Wells Fargo , Mastercard ,PNC and AIG Long Live the Evil Empire

Third Best

When one of my followers told me I was number 3 my cage was really shaken... I'm not saying I'm the best, but my performance has been TERRIFIC!!! If you don't mirror all my trades then it's not accurate to rate my performance as you cherry pick my information...

Wednesday, November 18, 2009

I'm third best according to one of my followers

I was just informed by a follower that my performance is third best in comparison to other traders...I find it hard to believe because my success rate is so HIGH...If there are two traders better then what I do, then I need to know who they are so I can follow them and subscribe to their service...I may be moving on so I can learn how to trade better from the two traders mentioned by a follower... I can't work any harder!!!

may the trades be with you...

Tuesday, November 17, 2009

British pound futures

Long @ 1.6832 short @ 1.6750 - target 75 to 90 pips

STOPPED OUT - 82 pips short 1.6749 target 1.6683... Hope it helps

AUD/CAD

Short AUD/CAD @ .9762 stop .978 target .9734...


STOPPED OUT -16 PIPS

Russell Futures or IWM

Long @ 603.20 short @ 595.50... For those of you that don't trade the futures look at the IWM long @ 60.49 short @ 60.07... Hope it helps

Canadian Futures

Stopped out @ .9470 + 56 pips...

EUR/CAD

Moved stop to 1.5735...

STOPPED OUT + 31 pips...

USD/CAD

Target hit @ 1.0593 moving stop to 1.0561 next target 1.0707...

STOPPED OUT + 68 PIPS... not bad

LIMIT ORDERS Positions

USD/CAD long @ 1.04.97 moving stop to 1.0550 next target 1.0593
EUR/CAD long @ 1.5704 moving stop to 1.5694 next target 1.5798
EUR/USD short @ 1.4879 moving stop 1.4902 next target 1.4819

Canadian futures short @ .9526 stop @ .9470 next target .9344

All other limit orders from last nights posting are canceled

Hope it helps what a way to wake up - just like a box of CHOCOLATES, you never know what you're going to get...

Monday, November 16, 2009

DRIV

Here's a very unusual pattern, I've only seen this a few times and believe me I've seen thousands of charts... Should go to 31 to 33 fairly soon with the potential to drag itself all the way to 40... Hope it helps

LIMIT ORDERS

The dollar made a new low today, if this continues the market will become very INTERESTING!!!

Here are some limit orders for you all to have fun with... I've never done this before... Lets see how much fun and profits we can make... Hope it helps

Currency pairs
EUR/USD long above 1.5016 short below 1.4879 target 100 to 135 pips
USD/CAD Long above 1.0496 short below 1.0463 target 30 to 40 pips -Quickie
EUR/CAD Long above 1.5703 Short below 1.5667 target 30 to 40 pips - Quickie I believe will go long
GBP/JPY Long above 150.36 short below 149.10 target 120 to 130 pips - I believe will go long
NZD/JPY Long above 66.87 short below 66.49 target 30 to 40 pips

Currency futures
Euro futures Long above 1.5024 short below 1.4879 target 100 to 145 pips
Canadian futures Long above .9545 short below .9526 target 40 pips

Corn

Target 1 hit @ 402 moving stop to 401 next target 408... hope it helps


Hit 1st Target +4 half contracts Stopped out +3 other half... Not bad!!!!

CORN

LONG @ 398 stop@ 394.50 1st target 402 2nd target 408... hope it helps

10 year treas

Hit 1st target moving stop to 119'040...


STOPPED OUT +15 Ticks... Not what I was looking for

LONG 10 Year

Long @ 119'025 stop @ 119'005 1st target @ 119'085...This happened while I was asleep...

Sunday, November 15, 2009

US Dollar

The dollar is at a very interesting point... Notice the double bottom pattern... The dollar has done this before if you look back... I will be watching this very closely and the S&P as well... The S&P is range bound between 1100 & 1080 - stay tuned for the fireworks... This market is like an ILLUSION!!! So we have to be magicians and figure out when and where the markets are going. Or its like an ice cream sundae, you need get a few quick bites before it all melts away...

AUD/CAD

Long @ .9808 stop .9774 1st target @ .9845... Hope it helps


STOPPED OUT - 34 PIPS...

EUR/CAD

Moving stop to 1.5707 locking in 72 pips 2nd target 1.5746... Hope it helps


STOPPED OUT WITH +72 PIPS!!!! Not Bad

Friday, November 13, 2009

TBT Long

Here's a relatively low risk trade with a stop @ 46.75... Hope it helps

I TRADE ANYTHING THAT MOVES

First off I’m sure that many of you that follow my blog think that I’ve become an FX Trader. That’s not the case at all. The fact of the matter is that there have been so many GREAT setups in the currencies I could barely keep up. I’m no different then a little kid except for my age as a kid will go where the FUN is I will go where the SETUP is…The currencies have WORN me out as I’ve been trading all-day nonstop. I have had some very nice recommendations come in this past week and I’ve been called Guru, spot on, unbelievable, one in a million and many other complimentary names which I very much appreciate and don't deserve. I would rather be called LUCKY as I use my intuition to hopefully find a lucky trade that I can share with all my followers…I will post some charts later... WORN OUT!!!!

EUR/AUD

3rd target hit @ 1.597 moving stop to 1.5973...hope it helps

EUR/AUD

MOVING STOP TO 1.6003...

Shorting Oil Futures

Short @ 76.55 stop @ 77.67 1st target hit @ 75.80 2nd target @ 74.49... Hope it helps

EUR/CAD

Long EUR/CAD @ 1.5635 stop @ 1.56 first target 1.5670

EUR/AUD

Second target hit @ 1.60 next target 1.597 new stop @ 1.6023... hope it helps

Thursday, November 12, 2009

CORN FUTURES

Placed a buy stop @ 392.50 stop @ 386.25 first target @ 398...Hope it helps


STOPPED OUT!!!!!!!!!!

EUR/CAD

Placed a Buy Stop @ 1.5729 stop 1.5594 Target 1.58... hope it helps

OIL Futures

Placing a sell stop order below 76.56 with a stop @ 82.00 Target @ 72.00... Hope it helps




AUD/NZD moved stop see blog - jamesolivertrades.blogspot.com

AUD/NZD

moved stop to 1.2602 and stopped out with a plus 42 pips, not what I was looking for but then again never complain about a winning trade....
NZD/USD moving stop see blog - jamesolivertrades.blogspot.com

NZD/USD

moving stop to .7365 now this is a risk free trade with a small profit... Hopefully will hit 2nd target...Hope it helps
NZD/USD short see blog - jamesolivertrades.blogspot.com

NZD/USD

My good night order activated while I was asleep @ .7373 my stop is @ .7400 1st target hit @ .7344 2nd target @ .7287...Hope it helps

Wednesday, November 11, 2009

Just found this article

WELLINGTON (Dow Jones)--The New Zealand dollar was trading slightly higher late Thursday, but remained range-bound despite positive news from Australia.

"The Kiwi seems stuck around the US$0.7400 level despite what would normally pull it up: overwhelmingly positive news coming out of Australia, investor appetite," said Custom House NZ dealer Chris Hunter.

The Australian dollar rose to a fresh 15-month high after news Australia's economy created a further 24,500 jobs in October. That currency was trading at US$0.9348 ...


The above article just confirms how powerful technical analysis is... I knew nothing about this data until tonight @ 9:40 pm

as you can see I'm on both of these currencies ( see posts)... Hope it helps

NZD/USD

Placing a good night trade on the NZD/USD a break above .7446 and break below .7374... I have no clue which way it will break, but when I wake up in the morning I will find out... Hope it helps
AUD/NZD moving stop and 2nd target see blog - jameolivertrades.blogspot.com

AUD/NZD

Moving stop to 1.2593 2nd target @ 1.2633... Hope it helps
AUD/NZD moving stop see blog - jamesolivertrades.blogspot.com

AUD/NZD

Moving my stop to 1.2540...

Tuesday, November 10, 2009

EURO Long

I am placing a limit order on the EURO to go long @ 1.5020 and a limit order to go short @ 1.4936 because I do not know which way it will break... I believe that price should break to the long side because of the fact that the US dollar is at its low... With all that said, I'm going to bed and hopefully I will wake up in the morning with a nice surprise... There are other currencies that are nice setups as well, cad, aud, jpy, gbp but i like the fact that the US dollar is the catalyst to launch the EURO,,,

Hope it helps

AUD/NZD

Placing a limit order to go long @ 1.2559 first target 1.2578 stop 1.2518... Hope it helps

Upgrading my computers

I haven't been able to post since I'm in the process of upgrading all the computers to Windows 7 in my trading room...

Monday, November 9, 2009

EUR/AUD short see blog - jamesolivertrades.blogspot.com

EUR/AUD

Short @ 1.6120 1st target @ 1.6085 stop @ 1.6151... Hope it helps
CAD/CHF Target hit moving my stop see blog...

CAD/CHF

First target hit @ .9533 Moving my stop to .9535 locking in nice profit... Target 2 @ .9609... Hope it helps
USD/JPY PLACING LIMIT ORDER SEE BLOG - jamesolivertrades.blogspot.com

USD/JPY

PLACING A LIMIT ORDER ON USD/JPY IF IT BREAKS BELOW 89.72 I'M SHORT...
CAD/CHF moving stop see blog - jamesolivertrades.blogspot.com

CAD/CHF

Moving my stop to 9524 making this a risk free trade with a profit...Next target @ 9609... Hope it helps

AUD/CAD

Stopped out @ 9880 for plus 190 pips... Not bad
Long CAD/CHF see blog - jamesolivertrades.blogspot.com

Sunday, November 8, 2009

CAD/CHF

lONG @ 9503 STOP 9465 1ST TARGET 9533...

AMZN

Here is a chart that represents pure STRENGTH! Notice how it gapped up, pulled back and then broke out again... Should go to 135 fairly quick and then to 147... Hope it helps

AUD/CAD

Moving my stop to 9880 this locks in 190 pips... You do not want to be greedy, you only take what the market is willing to give... Hope it helps

GOLD


Gold continues to behave like a well trained pet... When the price pulls back to 1072 I will add to my position... The next target for gold should be 1170 (after a pull back of course) based off my technical analysis... Hope it helps

WE ALL LOVE RULES THEY TELL US WHAT IS RIGHT AND WHAT IS WRONG!!!!!

IYR

Here's another potential nice short setup... If this breaks below 40.31 I will enter a short position... Hope it helps

AUD/CAD

Moving stop to 9557 new target 9940... hope it helps

Friday, November 6, 2009

F

Here's another auto stock that looks good for a watch...




TM

For those of you that like to buy stocks here's a nice setup... This will break one way or the other, so you could place a limit order each way... Hope it helps

AUD/CAD

Moved stop to 9850 that locks in 160 pips... Hope it helps

LONG SRS

Long SRS first target 10.46 2nd target 10.87 stop @ 9.56...

AUD/CAD

Hit target @ 9856 moving stop to 9835 for 140 pips on this trade... hope it helps
AUD/CAD moving stop see blog - jamesolivertrades.blogspot.com

AUD/CAD

moving stop to 9805... hope it helps
USD/CAD hit target see blog - jamesolivertrades.blogspot.com

USD/CAD

Target hit @ 1.0725... What a day!!!!
Moving stop on AUD/CAD SEE BLOG - JAMESOLIVERTRADES.BLOGSPOT.COM
EUR/AUD moving stop see blog - jamesolivertrades.blogspot.com

EUR/AUD

Moving stop to 1.6211 locking in great PROFITS!!!

EUR/AUD

2nd target hit moving stop to 1.6243 next target @ 1.6145... hope it helps
AUD/CAD target 2 hit see blog - jamesoliveryrades.blogspot.com

AUD/CAD

2nd target hit @ .9766 moving stop to .9766 next target .9856 - hope it helps

Thursday, November 5, 2009

EUR/AUD moving stop see blog - jamesolivertrades.blogspot.com

EUR/AUD

1st Target hit moving stop to 1.6290 now a no risk trade... hope it helps...
Short EUR/AUD see blog - jamesolivertrades.blogspot.com

EUR/AUD

Short @ 1.6301 1st target 1.6243 stop 1.6350... Good luck

AUD/CAD

1st target hit @ .9731 moving my stop to .9675 target 2 @ .9766... hope it helps
Hit target on UUP see blog - jamesolivertrades.blogspot.com

UUP

Finally hit target.... I will never trade the UUP again... It is a SLUG!!!!!!

OIL Futures

Long Oil @ 80.14 stop @ 79.60 1st target 81.17

STOPPED OUT @ 79.60!!!!!

Wednesday, November 4, 2009

XAU

Here's an interesting setup... As gold has been on a scorching pace this ETF which combines gold and silver is acting like a trailer behind a PACKARD!!! If this can get above 170 and hold this could be a very nice trade for a 10 point move... Hope it helps

AUD/CAD

long AUD/CAD .9690 stop .9610 1st target .9731
Hit GBP/USD target see blog - jamesolivertrades.blogspot.com

GBP/USD

Target hit 1.6572 see chart I posted yesterday...

USD/JPY

Target hit while I was SNORING @ 90.95 at 1:53:35 AM... What a way to wakeup!!!!

Tuesday, November 3, 2009

USD/JPY

Long USD/JPY @90.45 stop @ 89.90 1st target @ 90.95... Hope it helps


GBP/USD

this is a beautiful setup watching for confirmation to get long... hope it helps

30 year Treasury Bond Futures

Hit Target @ 120'14... Nice profit

EUR/CAD



Hit target @ 1.5704 for over 200 ticks.... It doesn't get much better then this chart...FANTASTIC!!!!
Hit target @ 1.5704 for over 200 ticks
Corn target hit see blog - jamesolivertrades.blogspot.com

CORN

TARGET HIT @ 389 THANK YOU VERY MUCH!!!!! done for the day...

EUR/CAD

Moving stop to 1.58 locking in FAT profits!!!!

CORN

Long corn @ 379 target @ 389 stop @ 374.75
EUR/CAD target hit see blog - jamesolivertrades.blogspot.com

EUR/CAD

Target hit @ 1.58 Moving Stop to 1.5835 locking in nice profit...

EUR/CAD

Moving stop to 1.5875

EUR/CAD

Short EUR/ CAD 1.591538 target@ 1.58 stop @ 1.5925

Monday, November 2, 2009

SRS - Long


LONG SRS... GOOD LUCK

UDN

Clearly you can see that the uptrend has been broken... This is the ultra short ETF for the dollar, so if the dollar breaks out to the higher side this would be a nice low risk opportunity for those of you who don't trade the futures...Hope it helps

Placing limit order for the US Dollar see blog - jamesolivertrades.blogspot.com

US Dollar Futures

I'm placing a limit order to go long @ 76.58 and sell limit for a short @ 76.07... I don't know which way it will break, but I will be in the breakout either way... This is a trade that could activate while I'm sleeping... Hope it helps

30 year Treasury Bond Futures

Long @ 119'29 1st target 120'14 stop 119'20... hope it helps

Holding ourselves accountable

When a man points a finger at someone else, he should remember that four of his fingers are pointing at himself…Louis Nizer

In trading and living, the easiest way to deal with situations where you lose money, feel betrayed, hurt or wronged is to adopt the role of victim. We have become a nation of “victims” so much that people are advertising with license plates, caps and T-shirts. Last week I saw two license plates: VICTIM and IVICTIM. People who see themselves as victims love to flaunt it and get lots of publicity over it. Are we as a nation obsessed with victims? If so—why?

It’s easy to take the role of victim, since we live in a world where most are looking for the shortest and fastest way out of a situation. In a society of instant gratification where we want it all and want it now, the default mechanism is to “victim.” It’s the quick and dirty way to get it over with—just point a finger. People who wear victimhood as a badge of courage get lots of attention—so-called “secondary gain”—so there are interpersonal and sociological components to this that run very deep.

In the financial markets, you see it every day. It’s always someone else’s fault that you lost money on a trade. It’s the hedge funds, the high frequency traders, the financial media, your newsletter guru, the short sellers, the day traders, the speculators, the market manipulators, the Plunge Protection Team…..the list is endless.

What purpose does this serve? Why is victim the default?

The answer is---just like making money trading the markets---simple but not easy.

Blaming and pointing fingers absolves you from any degree of personal responsibility. In this way, you resist looking within and asking the most critical question " What is my part this?" For most of you, exploration of the inner self can be a lengthy and painful process. Looking outward and projecting fault to others is fast and easy. The former is freeing, while the latter imprisons.

Life is a creative process. You create your reality every minute---often without being aware of it. You can have, do, be and manifest whatever you imagine if you are committed and prepared to do the requisite work.

The three most powerful words you can ever say are: I Am Responsible

Personal responsibility is a mantra, a vibration, a leap of the human spirit and life force. The essence of taking personal responsibility is that you are accountable for everything you believe, think and do. Your life is yours, your choices are yours. At this very moment, you are putting into action everything you want and need.

The act of taking personal responsibility for every experience---beginning with your unconscious assumptions and unspoken inner dialog---is the first step in returning to the true source of your power and unhooking your ego from its blaming and excuse-making.

This act of making yourself accountable is perhaps the most critical part of evolving from immature reactivity to mature responsibility—both as a trader and a human being. In doing this, you expand beyond the limiting constraints of your ego into a space of unbounded opportunity and unlimited potential.

There are some 50 trillion cells in your body primed for energetic renewal. Each moment of the day, armed with the power of personal responsibility, you will continue to renew yourself. You will see yourself living life as a work of art, rather than a chaotic reaction to external events. Subtly, you will find yourself moving forward into a new freedom and a new happiness. In this way, every moment is the perfect moment...and you are always in it.

Where you are, the world is. Without your transformation, there can be no transformation of the world…J. Krishnamutri

Canadian Dollar

Long @ .9290 first target .9387 stop .9227...

Sunday, November 1, 2009

VIX BREAKOUT

Look at the volatility index how it broke out Friday... This type of volatility should create some GREAT intra-day and day trading opportunities!!!! Can hardly wait

GOLD Bounce

Gold definitely bounced off support @ 1027... This is a very bullish setup as I wait for another opportunity to add to my position... Hope it helps

DOW Still in uptrend

The Dow is clearly respecting the uptrend, so it appears much stronger then the Nasdaq... This is worth a watch as it approaches the top of the uptrend... Hope it helps

AUD/NZD

Long AUD/NZD 1.2565 stop 1.2510 1st target 1.2605

QQQQ Broken Uptrend







As I posted this chart earlier to watch for confirmation of a broken uptrend, It has clearly confirmed. So any kiss of the underside of the uptrend line I will enter a short position and I will post my entry, stop and target... Hope it helps