Posts by Stocktastic

in Stocktastic chart Nov 22, 2012 at 13:43
Still stuck in the range, 0.9950-1.000. 0.9920 next support if 0.9950 breaks.
in Stocktastic chart Nov 22, 2012 at 13:40
Possible shorting opportunity at 1.2500 ?
in Stocktastic chart Nov 20, 2012 at 14:54
Long time since monitoring this pair. 0.9760 was the perfect entry that I should have taken. Looking a bit more top heavy now on the 4 hourly, after testing 1.0040, but has been bouncing between 0.9953-0.9977 for 24 hours, something will give and upside looks more probable at moment ?
in Stocktastic chart Oct 23, 2012 at 14:10
Took the other half off to reduce risk for 13 pips and then flat on USDCAD. Original Trade idea now showing to be very sound, CAD Government announcing possible rate hike and CAD strength. Can use the excuse that I had too many positions on and had to reduce risk, but given the few weeks I waited for this trade, I should have left it alone.
in Stocktastic chart Oct 23, 2012 at 14:07
This trade triggered yesterday morning. Already had a number of positions for Friday, so risk was getting too large. TP on one half for 20 pips at 0.9923.
in Stocktastic chart Oct 18, 2012 at 14:00
JCrew7384 see my comments on Oct 16 which were responses to your previous question. cheers.
in Stocktastic feed Oct 17, 2012 at 11:50
Changed my name from jesstofunmi to stocktastic.
in peter977 chart Oct 17, 2012 at 03:53
Hi, so did you trade this range with a sell order ?
in Stocktastic chart Oct 16, 2012 at 23:55
16-10-2012 - Closed the trade, really on a panic about Euro news I was reading. Had previously moved stop to 1.2643, didnt want to give that much back so jumped ship. Of course my profit target was hit overnight so should have left well alone. On the upside this was a 2.8% winner, my largest in this account, but could have got more!
in Stocktastic chart Oct 16, 2012 at 23:53
Apologies for all the posts, my comments don't seem to post all the time from google chrome.
in Stocktastic chart Oct 16, 2012 at 11:26
Need to work on taking trades, this is panning out very well, shame I have no trade in it.
in Stocktastic chart Oct 16, 2012 at 11:17
In this particular trade it had many strong points. EURAUD has been in uptrend for quite a while. The 1.2500 level was the 1st retest of the 200 EMA on the DAILY timeframe which was the main driver for the trade. The 4 hr also matched on the 100 EMA, so this showed good correlation that level was a good one. Above all though, 1.2500 was the high in May and after break above it in mid-july the 1st retest of that level. So the level was significant regardless of any indicators that I may use to guide me.
in Stocktastic chart Oct 16, 2012 at 11:12
JCrew7384 I actually have a number of indicators on my charts. 100 EMA and 200 EMA are one set, I also take account of weekly pivots on a 4 hour. Added to this I use a trading platform called Trade Interceptor and use the trendrisk system as a guide as well. As you can see by my account details, I am still learning and this is my first trade where I am limiting myself to 4 hour timeframe for opportunities.
in Stocktastic chart Oct 16, 2012 at 11:10
2 hours left on this 4 hour candle, price trying to crack the 1.2680 area again. No reason to get out of this trade yet, stop still ok as it is. May consider moving up to underside of 4 hr range to protect more but still favours push higher.
in Stocktastic chart Oct 15, 2012 at 14:53
What you expected your trendline to be held, 0.9760 did hold again, and yes I had not orders in the market again. Focussing much more effort on what EURAUD is doing.
in Stocktastic chart Oct 15, 2012 at 14:45
Becoming a tougher call this trade now. 1.2670 provided resistance again, to protect profit stop moved up to just below 1.2600 at 1.2597, locking in 77 pips or so profit. Moving stop as above resistance area has not been breached on 5 occasions in 5 out of 8 4 hr candles. 1.2613 was low today so breach of that and below 1.2600 is cause for concern which is now where protective stop is.
in Stocktastic chart Oct 15, 2012 at 09:53
0.9800 area rejected again. Price under identified trend line on 4 hr. Will 0.9760 still hold, remember how this pair can range for days!
in Stocktastic chart Oct 15, 2012 at 09:47
So far didnt go as low as 1.2600, lowest was 1.2613. Stop should be moved to at least just below 1.2600 now 4 hr has shown support above.
in Stocktastic chart Oct 15, 2012 at 00:52
So far monday morning open respected this level. Unfortunatly no orders in market, so not in this trade.
in Stocktastic feed Oct 15, 2012 at 00:48
Early asia, everything is down, EURUSD, AUDUSD, GBPUSD. AUD data was positive, homeloans increased. EURAUD slipped a bit, but china data at 9:30 maybe cause some changes. Possibly market has already priced in negative china data, as AUD at 1.0200.