Rocketman

Rocketman Updated 

I just re-shorted the GBPUSD pair. Fundamental Reason: I expect the UK to cut rates this week or do some QE. Anything to help their economy, whatever it is...a lower UK dollar will benefit them. Thus, let's all help the UK's currency go lower so that with a lower currency it will help their business thrive. Lol!!! My stops are above the previous high. and my...

Rocketman Updated 

I believe the sellers will step in around the 1.225 and 1.1295 levels. This pair is already at or near the backside of an old trendline. If the US dollar extend's its fall, then this will be a good opportunity to take a short position in an already downward spiraling channel.

Rocketman Updated 

I believe that the EURUSD pair is going to 1.000. Any rally for me is a sell. Of course, I will take out pieces of profits along the way if I get filled.

Rocketman Updated 

Buying those dips..... small risk...big reward

Rocketman Updated 

I entered earlier..and wanted to post my trade.

Rocketman Updated 

This is just for my record. Trying to find a better way and quicker way to record my trades!

Rocketman Updated 

After targets#1 and target#2 were hit, its time to reload for the daily major target where the daily trendline resides. Limit: 105.30 and 105.54 Target @ 102.31 or a 200 pip trailing stop. *keeping in mind tht the US rate decision is coming up tomorrow (Wednesday), and then the Bank of Japan monetary policy meeting's end is on the horizon.

Rocketman Updated 

Taking a counter move up to resistance. Then, short afterwards...

Rocketman Updated 

This is not what I was hoping for. I wanted price to fall down to 1.0584, but it didn't; instead, the market hit this trendline and is reacting. So, I'll take what the market gives me with a small stop. The CPI is coming out for the Australian economy and I normally do not predict it, but I am in a position in AUDNZD and AUDUSD, so I am taking a look at it now...

Rocketman Updated 

Shorting NZDJPY, expecting milk prices to continue its bearish slump. Also, ahead of the NZ central bank special announcement, coming up soon.

Rocketman Updated 

EURNZD Shorting it....will update journal later. target is 1.5406 and 1.5330. Lightly watching this trade for any signs of reversing. It probably will be a slow grind down because of the daily swing. These are one of those rare trades that I take and that I rarely see perfectly like this. Note to self: (1) believe in your stops, not in your lots. (2)...

Rocketman Updated 

This is an odd trade. I am shorting two bearish currencies. Essentially, since I am swing trading, I am offsetting the interest differential cost in the NZDJPY trade, should the NZDJPY trade play out. Also, if the EUR does fall down faster than the NZD, then this too shall be a great for my sell position in the EUR currency.

Rocketman Updated 

Fundamental Analysis and Direction: I still am bullish on Australia and its prospects. One of the risks that I have been monitoring is the business confidence. This month it came out really well, and supports my technical position to maintain long on AUDUSD. Another risk that can affect Australia are developments in China linked to the commodity market, as...

Rocketman

My Fundamental Bias of the Canadian Economy and its Currency: The Canadian currency is in a strong position with GDP growth at 2% annually. Its annual GDP will reach 2.2% by 2017. It is currently in the late stages of a recession. Its export market is growing. CPI is expected to grow as the effect of falling gas prices fades and their capacity to produce grows....

Rocketman Updated 

CAD Trade Balance 8:30AM EST- high impact: I am mixed and not confident in the result. USA Trade Balance 8:30AM EST - medium impact: I am Bullish USD based upon my own positive economic predictive analysis. So I am looking for opportunities to buy USDJPY, Sell EURUSD or buy USDCAD or USDCHF. US ISM Non-Manufacturing PMI: 10:00AM EST- high impact: Again, I...

Rocketman

Small 30 pip stop with 128 pip target

Rocketman Updated 

I normally can predict retail sales every month before it happens, but my data is mixed; hence, waiting for data to come out. This rally doesn't make sense. Tomorrow's data will make or break my DQ pattern!

Rocketman Updated 

The market sputtering up with no volume! ......because they all bought low. who is the sucker that is going to buy at the higher price with less people buying? Get Ready To Short This Rally! On Your Mark........ Remember, I DID NOT SAY "GET SET or GO yet!"