Wednesday, August 3, 2011

VIX

The vix is down and the selling continues. Something is strange. Maybe a violent snap back for the great short opportunity I'm so patiently waiting for... Hope this helps

Tuesday, August 2, 2011

Get READY!



Looking at this chart coupled with the US dollar chart I posted earlier, it looks to me like we are in for a GREAT trading opportunity.  These opportunities don't come around that often. Hope this helps

USD

I posted a chart on the USD 7/21 (see archives) and we're almost to the under belly of the trend line and strong resistance. Now we will find out which way the dollar will go.Hope this helps

USD/JPY

Long @ 77.38
This is a quickie

GBP/CAD +235 pips

Long @ 1.5635
Target 1.5745 - Target one hit 
Target two hit @ 1.5870
Target three @ 1.5960
Stop @ 1.5536

EUR/USD

See July 24th chart I posted about the long entry. I had a buy order @ 141.55 and got filled @ 141.53 while I was sleeping...