Showing posts with label comment on blog. Show all posts
Showing posts with label comment on blog. Show all posts

Thursday, May 27, 2010

Nikkei and Euro...

Nikkei Long @ 9500
SL 9300

I see it is bottom for short term.

Germany, France, and etc, are not bad as greece, piigs counties, but price is down because of negative news about euro. News says about euro, then people see euro, but if it is down no matter it is good condition itself because of negative news of other neithers, this down is not real. then It will be right to buy Germany right now?

Wednesday, May 19, 2010

Day of Loser

-65 pips, today's loss date.




1. everything is opposite. (it was range. I misunderstood it.)

2. unlucky? (it became trend 30 sec after I stop trading. that's what I want)



1 and 2 are whatever...



3. risk management was well done.

4. I should close all positions ealier.

5. I should stop trading when it was -50pip total.



20 trading days a month. and how many days it should be loss & -pips days? it is rare 20 win 20 days,,, important thing is how much I can save loss when it is loss day.

Monday, May 17, 2010

fx strength

AUD CAD resource county > JPY risk avoid > USD basic > EUR GBP worry

EURUSD down, EURJPY down
GBPUSD down, GBPJPY down
USD up
JPY up

JPY>AUD

JPYUSD down

JPY

JPYUSD up

88 to 95 range.

5.17

Let's see those points when market drop sharply:

1. 50% rules - we could buy EuroJpy by 113.50 level, 50% of 114.262 to  112.456. It was already achieved two hrs ago.

2. EURUSD moves after AUDUSD at New York market time.

1 is for daytrading, 2 is for scalping.

Nikkei: Nikkei was down -300 and I bought the dip again at 10180. close price is 10235 -226.  my target is 10230, 50% rule for 10150 to 10320, and if dow is good today, TC is 10320, 50% of 10450 to 10150. let's see tomorrow. 

EURO: I still think this is just about worry, and worry is worry, not brankrupt, it cannot be trigger, it can be cover. Euro is down trend, German will be graet power. it will be EUR=German, we could see bottom soon.