Monday, May 24, 2010

Trades Follow up



Good morning traders , nothing better than waking up on good profits ,, we r on 200 pips or more in the 2 trades we went in yesterday ,,, the s&p 500 fell short from my targeted position so i had to take the shorts early and it was RIGHT FROM THE TOP ,i m expecting a down swing in the s&p 500 today which will support or short position through all the day , i m looking to take first profits on the test of the yearly lows on both trades ,
secondery target will be set accordingly , i see 80-81 in CAD/JPY as second target ,, on the AUD/JPY i cant tell exactly till i see how the waves will develope , will keep it here updated , plz click the follow botton on the blog if u like it so far
very important thing to notice ,,, i would add to the CAD/JPY rather than the AUD/JPY as i believe what u can see on the EUR/AUD chart will be happening soon to the AUD/CAD chart , i mean as i mentioned before the Aud will have soon its time to be stronger than the CAD and the Cad will be the perfect short ,, so thats why i was and i ll be concentrating on the CAD/JPY more ,

4 comments:

  1. Awesome Jesus. Ive taken your trades. Cheers Mate!

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  2. ur welcome m8 , just keep close eye on here for profit cutting

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  3. Do you think it wil hit 83 support, or reccommend taking profit now, due to consolidation?

    Cheers, Jesus.
    (since i dont know your actual name haha)

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  4. if u wanna take some profits now ,, its ok ,, its only 20-30 pips awaye from target but i m sure this will drop below 83 , so dont take all ur short off

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