[Trade Signal] – Monday Markets Blues Again

Monday blues again – This seems to have a been a common theme for most of this year and I’m not expecting that to change much today. We may see some slow or late day (UK late day 8pm ish) movements but overall most likely going to be pretty quiet again. The US national holiday may just emphasise this as well.

GBPJPY on the 8hr chart finally confirming a consolidation pattern. One which is meaning I will be standing down as the location of current price is not great for anything new. Right now I’m waiting for price to be near the upper or lower boundaries before resuming trading.

GJ-Nov-11-13a

EURJPY providing one of a very short list of trading set ups for the day. Long as per the mark ups on the chart and running slowly to its first target zone at +40. I’m not expecting too much more after that anything more would be a bonus.

EJ-Nov-11-13a

Dow Futures YM still rattling around the upper boundary of the previously mentioned rising channel. We might see one final push higher and I’m still considering the downturn and a move to 14,700 level still on the table. As always with these things it’s the when that I’m not sure about at the moment. For now though price is pointing slightly bullish still.

YM-Nov-11-13a

EURUSD Continues to power away and I’m almost getting bored with saying what a great trade this is… still on short from 1.3760 as well as add in trades along the way.

Pattern now is developing a nice symmetrical triangle. These things commonly develop and break over 3 days and I’m looking to short the upper boundary as marked on the chart which is in line with the overall direction of position and the trend. Safe option is to wait for the break down.

EUR-Nov-11-13a

 

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[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.

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[Trade Signal] – Update 15 Oct ’13 – part 1

GBP & EUR update

Bothe these charts are in what I term as an angled consolidation. For trending strategies this is not good.

Waiting for patterns to break before considering anything new from today onwards.

GBP-Oct-15-13a

EUR-Oct-15-13a

New Trade Signal

GBPJPY proved a new signal at 9am. (called in our trade room)

[social-locker locker_id="867c3ff6758e03c4f" theme="orange" message="Keep this Free & share this page. Once shared content will be revealed" facebook="true" likeurl="CURRENT" google="true" googleurl="CURRENT" tweet="false" tweettext="Awesome new trade signals #forex" tweeturl="CURRENT" linkedin="true" linkedinurl="CURRENT"]News at 09:30 gave it a pop and as Im typing is currently near entry level. – L157.40

This is an add in trade. – core position is still on L156.20

GJ-Oct-10-13e

Dow update

YM Futures continue to the the champion at the moment.

Im looking to add in above L15,275

Core trade is still open L14,800

YM-Oct-10-13d

Trade Table

TS-Sigs-15-Oct-13

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

[Trade Signal] – Update 14 Oct ’13

Dow update

YM Trade Continues to power ahead from last weeks signal at 14,800. I’m locking profits in at 15,000. There is the suggestion of a new short signal in development but with US National holiday today I’ll not be considering anything new until Tuesday.

Generally speaking I’m having a shortened trading day as per usual on days like today. As I’m writing this it’s nearly at that time of morning when I’m considering walking away for the day.

YM-Oct-10-13c

 

New Trade Signals

EURJPY continues to move higher from last weeks signal L132.45.

There is the suggestion of a new signal developing but it is also not looking like it will develop until late today or early tomorrow.

EJ-Oct-10-13d

[social-locker locker_id="4732aa216d6bfb688" theme="orange" message="Keep this content free and share this post. Once shared the rest of the post will be unlocked" facebook="true" likeurl="CURRENT" google="true" googleurl="CURRENT" tweet="true" tweettext="Awesome trade signals" tweeturl="CURRENT" follow="false" linkedin="true" linkedinurl="CURRENT"]GBPJPY also continues higher from last weeks signal L156.20.

The same comments can be said for GJ as for EJ.

Both currently pending development

GJ-Oct-10-13d

GBPUSD is long pending. I’m looking for entries above L1.5995

GBP-Oct-11-13b

EURUSD is long pending. I’m looking for entries above L1.3575

EUR-Oct-11-13b

 

Current Positions Table

TS-Sigs-14-Oct-13

Free content does not include specific trade management for scale out targets or stop placement. These are the core positions and will have some exposure until the next opposing signal is generated.

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[Trade Signal] – GBPJPY 10 Oct ’13

Entry highlighted on chart @ 156.20

GJ-Oct-10-13a

Target 1 Reached highlighted on chart below

GJ-Oct-10-13b

Target 2 reached – price currently retracing on this last image and retracing which as Im typing this might offer a new entry to add in

GJ-Oct-10-13c