Friday, February 5, 2010

ES Futures +2 points

Long @ 1057.75 Short @ 1050.25
Long @ 1057.75 stop @ 1050.25 target 1073
Moved Stop to 1059.75 locking in 2 points
Stopped Out +2 not what I was looking for

Thursday, February 4, 2010

FXP & ZSL worth a look

FXP - A daily chart that looks very bullish for a long position in the midst of the market jitters...

ZSL Silver Ultra short - Here's a weekly chart that looks like the momentum has reversed direction for a long position...

Euro Futures (/6E) +58 ticks

Short @ 1.3720 stop @ 1.3750 Target 1.3662
Target Hit + 58 ticks = left a lot on the table - oh well

Wednesday, February 3, 2010

Japan increasing purchasing of US debt as China slows its purchasing of US debt...

EUR/AUD +129

Long @ 1.5760 stop @ 1.5710 Target 1.5879
Target Hit + 129 PIPS

Tuesday, February 2, 2010

EUR/USD +64 PIPS

Long @ 1.3958 short @ 1.3885 target 70 to 80 pips
LONG @ 1.3958 stop @ 1.39 target one @ 1.3993
Target hit 1.3993 next target 1.4020

TARGET HIT +64 PIPS

Monday, February 1, 2010

Gold Futures (GC) +26 points

Long @ 1085 stop @ 1077 target one 1102
Moving stop to 1097 locking in 12 points...
Moving Stop 10 1108 locking in 23 points
Moving Stop to 1111.60 locking in +26 points new target 1127
STOPPED OUT +26 POINTS