FX Charts at a Glance

Click on the image to enlarge.
This is my new way of looking at forex charts. No more flip flaps over 16 different charts. One look and you see them all. I hope you all like it.

Hola!

Lo siento. I am sorry for not updating you guys lately. I will be back soon to catch up and keep you all posted on my trading adventures. Hasta pronto. See you soon!

092309 Trade 'Results Posted

Hola! This is just a short post to let you know that today's trade results have been posted. Please click on the right side bar to view.

You ALL enjoy your weekend.

092205 FX & e-MINI Trade Activities

I am sorry for the delay folks. I have just been busy today with the transition to new FX platform, reorganizing our FX portfolios, checking out options for e-mini system automation, etc.

Day Trader result has been posted. Swing Trader's open positions were closed yesterday and did not trade today. My SELL STOP order for eMini Nasdaq did not get hit this morning - shy of 2 points. The eMini market was somewhat highly volatile today. All 3 minis we trade went ala forex seesaw of like 30 points. So, I decided to hold off the scalping edge this morning.

Our new Swing Trader will have 3 account portfolios. The Day Trader will also have a new Ten Pippers Account as soon as I get it set up.

More goodies are being planned so stay on trail.

WOW! What a Fun Day Trading E-Mini Russells 2000! FX trades did well, too!

Yet, I miss the tail end dive of ER2 and all those points and ticks. Well, that's the fun and adventures in trading. I placed my SELL trade for 2 contracts of ER2Z5 (oh, that's the symbol for E-Mini Russells 2000 expiring Dec 05) at around 9:00 am at 672.90 with target take profit set at 666.30. I watched my profit/loss bounced up and down from -380 to +300. But this morning was one of those days, my sister asked me to do her a favor. So, when the bullish divergence showed up on my chart, I closed my position with 9 ticks or $180 profit. Darned it! I was faked out. Within minutes, ER dropped to 662.90, a full 10 points from my entry price at 2 contracts, that's $2,000 profit. I am gonna cry now! That's $1,820 profits missed. So, here are the lessons learned from today's adventure.

LESSON 8.2 - Don't do your sister a favor when you're in trade. LOL!
LESSON 8.3 - Have confidence with your trade and leave your Target Profit on. Mine was at 666.30 or a 6 points 6 ticks.

Heck, what am I complaining? When I started trading I was just going for a couple of BEER MONEY PROFIT! LOL! $100 dollars a day in Latin America or Southeast Asia goes a long way (lots of cases). hehehe! One more thing, I haven't had a losing day YET. Knock on wood.

Yeah, no complaints here. Our Forex Day Trader did over $800.00 and the Swing Trader is now up at over $4,000.00. Now, that's about how much you will need to get by in the USA. LOL!

'Till tomorrow. Have FUN n ADVENTURES in your TRADING! Best of luck to all of you.

09/19/05 Trade Results

Today's trades results can now be viewed by clicking on the side bar links. Trades are mirrored in separate accounts.

Profile of an Elliot Wave Trader