Friday, September 24, 2010

9/24

9/23 0pip
9/24 0pip right now
I cannot entry at all.

Calender;
USD Core Durable goods order
USD New Home sale

EURUSD
the same strategy to yesterday trade
Long 1.3310-1.2390
TC 1.3370-90
LC 1.3260

Thursday, September 23, 2010

Forex for iPhone

http://www.youtube.com/watch?v=XEJ6Ht5F8Wk

Forex Trade is good broker with tight spread,
USDJPY 1.0pip
EURUSD 2.0
AUDJPY 2.0

yeah, of course, it has cash back after 5 trades, cash back amount is 3000yen.

http://www.forextrade.jp/

Most of Japanese brokers have tight spead and no margin fee.
but tax is high in Japan,,,

and this iPalmo is not bad app for forex,
but i cannot be satisfied with its chart, it shows only a few pair of indicators,,, although other compnay's apps are the same thing.

9/23

9/22 +8pips
9/23 0 pips right now

Calender:
USD umemployment claim
USD Existing Home Sales
USD CB leading index

EURUSD:
Long 1.3375-1.3355
TC 1.3450-1.3480
LC 1.3300

it is gonna be resistance around 1.3500

I do not recomend to have short position but scalping trade.

Wednesday, September 22, 2010

9/22

9/21 -22pips -2.8%
trading error
good risk management

today's clalender
no paticular events

EURUSD 1.3333 could be resistance,
in my opinion, it will looks like Double Top.
my stratedy:
Long 1.3265~1.3230 TC 1.3335~1.3380 LC 1.3180
Short 1.3333~1.3380 LC 1.34000

currentry +8pips right now.
my trade will be close if loss acheives -3%. That's trading rule #1

Tuesday, September 21, 2010

9/21 report

9/20 +16pips
9/21 +11pips right now

Calender:
Building permits 560,000
house starts 550000
FOMC 0.25%

USDJPY:
85.20-86.20
short 72% long 28% (8/20)
85.80-90 Short
TP 85.45-30
LC 86.35

EURUSD
short 49% long 51% (8-20)
1.3090-1.3115 Short
TP1.3025-1.2980
LC 1.3150

9/20 report

Today is just +13pips...
It is better to forecast how much I am gonna lose pips when trade is loser than forecasting how much pips I get.
Tokyo market was close today, then market was slow.

tomorrow I will be cafefull for :
AUD  Monetary Policy Meeting Minutes
USD FOMC statement http://www.youtube.com/watch?v=k0446s_IlzA&feature=player_embedded
USD Building permits & Housing starts http://www.youtube.com/watch?v=CnLGYlBVxnQ&feature=player_embedded

it will look good to post before NY market opens:
Forecast Range
Calender
Data

I will try to post those tomorrow.