[Trade Signal] – Yawn… Another dull day in Forex

Generally speaking its turning out to be yet another dull start to the week. But then this has generally been the pace of things in Forex for most of this year.

[Forex] – Update

GBPUSD – GBPJPY – EURUSD – EURJPY all range bound in one form or another. Right now I’m sidelined waiting for things to develop and start looking a heck of a lot more interesting than they do right now.

On the higher time frames you can see similar ranging patterns develop highlighting that again for trending strategies we should be cautious and consider cash as the best option

EJ-Oct-28-13a

GJ-Oct-28-13a

GBP-Oct-28-13a

EUR-Oct-28-13a

[Futures] – Update

Dow stock index Futures continue to be the darling trade of the month for me. Originally starting longs at 14,800 I closed out at 15,500 on the button late on Friday, not wanting to quibble over the 50 points to the expected target level (which it has reached quite easily overnight)

Right now Im looking for longs again thinking we might see one final push up and maybe past 15,600 levels before anything else might be considered.

Short trades are now also a consideration as price is at the larger time frame channel highs. Generally its a great location for the next something to happen

YM-Oct-28-13a

 

[Trade Table]

No open or pending trades – will update if something new develops.

This page is updated periodically through the day. Please check back regularly

Trade-Like-a-pro

[social-locker locker_id="cc610be84660201ca" theme="orange" message="Would love it if you could share it." facebook="true" likeurl="CURRENT" google="true" googleurl="CURRENT" tweet="true" tweettext="" tweeturl="CURRENT" follow="true" linkedin="true" linkedinurl="CURRENT"][/social-locker]

[Trade Signal] – Update 18 Oct ’13

[Forex] – Update

GBPJPY & EURJPY appear to the the messiest looking charts for me today and might just be worth putting them to one side today and seeing what else new develop next week.

GBPUSD & EURUSD finally moving out of there consolidation zones and I can finally start looking for Longs.

Overall currency charts look the least impressive still with better and clearer opportunities developing on other markets and instruments

GBP-Oct-18-13a

EUR-Oct-18-13a

 

New trade entries

[social-locker locker_id="09df57f19b034981a" theme="orange" message="Keep this Free & share this page Forex - Futures - Stocks updates will then be revealed" facebook="true" likeurl="CURRENT" google="true" googleurl="CURRENT" tweet="true" tweettext="Awesome article" tweeturl="CURRENT" follow="false" linkedin="true" linkedinurl="CURRENT"]GBPUSD L 1.6175 – EURUSD L1.3690

[Futures] – Update

YM Dow Futures is still my darling trade at the moment. Price pushing up nicely from the consolidation lows identified yesterday and now up near the pattern highs. Decision time again – break out or turn down and continue to range. As Im writing this I see no reason to consider shorts just yet.

YM-Oct-18-13a

[Stock] – Update

Facebook & First Solar continue to push higher. Simply sit back time for now and see where price takes me.

FB-Oct-18-13a

FSLR-Oct-18-13a

 

[Trade Table]

TS-Sigs-18-Oct-13a

 

[/social-locker]

This page is updated periodically through the day. Please check back regularly

[Trade Signal] – Update 17 Oct ’13

[Forex] – Update

Generally speaking things remain the same as yesterday with not too much developing on the currencies Im looking at. Overall price is cutting out some small ranges and with the earlier news that China has downgrades US debt to A- price is only now moving away and becoming more interesting to consider looking for trending opportunities for me.

Right now Im in long pending for EURUSD GBPUSD EURJPY GBPJPY

[Futures] – Update

Mini Dow YM confirmed a consolidation signal earlier today. Interesting a small rising channel thats a carbon copy of the long term rising channel that we can see on the higher timer frames.

Offering longs off the barrier lows from 14,140 level

YM-Oct-17-13a[social-locker locker_id="b7516319c80b3794b" theme="orange" message="Keep this Free & share this page. Once shared page will be revealed" facebook="true" likeurl="CURRENT" google="true" googleurl="CURRENT" tweet="true" tweettext="" tweeturl="CURRENT" follow="false" linkedin="true" linkedinurl="CURRENT"]

[Stock] – Update

Facebook (FB) & First Solar (FSLR) continue to push higher finally hitting their first scale out targets. Simply time to sit back and see what happens.

FB-Oct-15-13b

FSLR-Oct-15-13b

[Trade Table]

TS-Sigs-17-Oct-13a

 

[/social-locker]

This page is updated periodically through the day. Please check back regularly

[Trade Signal] – Update 16 Oct ’13

[Forex] – Update

Sadly or thankfully depending on your perspective there is nothing particularly exciting to comment on this morning in what is already a weird week.

Prices on Forex continues to yoyo around moves still continue to be short-lived. The trade management we have running when a position does trigger is managing a break even trade most of the time and keeping risk minimal or flat the rest of the time.

GBPUSD GBPJPY are back in their consolidation patterns – ideally Im waiting for a decent push away and the move post news this morning wasn’t “doing it for me”. EURUSD EURJPY still in short mode. EJ is open waiting for targets and Im currently waiting for EURUSD to present an entry.

[Futures] – Update

Index futures and the Dow is I think going to pause here which was one of the main motivations for a strategy override and cashing out. Ideally I would like to see a slightly deeper retracement before thinking about longs again.

[Stock] – Update

Individual stocks on Facebook & First Solar are still in long mode and need to be pushing higher as they didn’t quite reach first target levels yesterday. Re-entries might also be necessary on FSLR depending on trade management individuals have chosen.

All in all – not an exciting start to the day.

[Trade Table]

TS-Sigs-16-Oct-13a

This page is updated periodically through the day. Please check back regularly

[Trade Signal] – Update 15 Oct ’13 – part 2

[Forex] – GBP & EUR update

No sooner had I said “waiting for these to break” did they then break down.

Both in short pending mode – waiting for entry price confirmation but for now its looking like its going to be below recent lows upon confirmation.

GBP-Oct-15-13a

EUR-Oct-15-13a

[Forex] – GBPJPY & EURJPY update

[social-locker locker_id="093bdbbf8a0e9105e" theme="orange" message="Keep this Free & share this page. Once shared page will be revealed" facebook="true" likeurl="CURRENT" google="true" googleurl="CURRENT" tweet="false" follow="false" linkedin="true" linkedinurl="CURRENT"]Both of these pairs also providing short pending set ups.

Open Longs will be closed and new shorts considered below the recent lows

GJ-Oct-15-13a

EJ-Oct-15-13a

[Index Futures] – Dow YM update

Trade has been managed to a conclusion for at 15,200 from original entry L14,800

Currently flat

YM-Oct-15-13a

[Stocks] – Facebook (FB)

Facebook fired off longs late last week. Due to long weekend only dealing with it on the open this morning

Long above $50.00

FB-Oct-15-13a

[Stocks] – First Solar (FSLR)

First Solar fired off longs late last week. Due to long weekend only dealing with it on the open this morning

Long above $45.00

FSLR-Oct-15-13a

Trade Table

TS-Sigs-15-Oct-13a

 

[/social-locker]

This page is updated periodically through the day. Please check back regularly