tag:blogger.com,1999:blog-61700687347821336102011-11-27T18:36:29.021-05:00A place for records of all my trades, from forex to equities to options and beyond.Ericnoreply@blogger.comBlogger81100tag:blogger.com,1999:blog-6170068734782133610.post-86258645384904131232007-04-17T11:23:00.000-04:002007-04-17T11:36:16.367-04:00

Woke up early this morning to do a forex news trade on the British Pound with the release of the UK PPI. It's a tricky trade as there are multiple numbers released and the one we chose to trade did not trigger. A shame, as that pair went up about 50 pips in seconds. We chose not to chase it, as there was a US report (also the PPI) coming out at 8:30 EST.Well the pair hit a major psychological

Ericnoreply@blogger.com0tag:blogger.com,1999:blog-6170068734782133610.post-50613670427200685062007-04-11T16:06:00.000-04:002007-04-11T16:14:45.267-04:00

Nice "forex news"-style trade done today at 10:30 AM, with the Crude Oil Inventories coming out lower than expected - for the ninth straight week. We traded the USO ETF, which measures the overall oil market. I noticed a resistance at 50.55, which happened to be the trigger and fill price. We stayed in for .17 cents, and although it retraced, it came back and shot up some more. Made some money

Ericnoreply@blogger.com0tag:blogger.com,1999:blog-6170068734782133610.post-11676168444263806842007-04-11T15:58:00.000-04:002007-04-12T10:36:36.681-04:00

Today is RIMM's earnings, and the market seems to have bullish bias, as it penetrated and stayed above the 52 week high at 148.95 and the call/put ratio was much heavier on the call side.Earnings plays are very risky, but can pay off well. We did a long straddle, which is purchasing a call and a put at the same strike price, with the same expiration date (145 and April 2007 in this case).STOCK:

Ericnoreply@blogger.com0tag:blogger.com,1999:blog-6170068734782133610.post-44830708786098212132007-04-10T15:41:00.000-04:002007-04-11T16:25:52.459-04:00

Among today's successes was an option play on a possible swing trade for OIH. We entered in the morning upon seeing a possible swing trade, but exited today as it surpassed our goal of 7% gain. We actually got 9% so can't go wrong there!STOCK: OIH OPTION: May 145 CallTRADE: BuyENTRY: 9.10TARGET: 9.80STOP: 8.80RESULT: +.80 PROFIT (SOLD AT 9.90)I included a chart of the actual stock movement as we

Ericnoreply@blogger.comtag:blogger.com,1999:blog-6170068734782133610.post-28822399645651874212007-04-09T10:40:00.000-04:002007-04-09T10:45:23.737-04:00

Interesting article about George Soros, legendary investor (especially in the forex world) and the companies he is currently investing in. Check it out here.

Ericnoreply@blogger.com0tag:blogger.com,1999:blog-6170068734782133610.post-90768501051857410512007-04-05T09:11:00.000-04:002007-04-05T09:19:02.652-04:00

With the use of a phenomenal new trading automation program we use, we reaped in great profits on the GBPUSD and USDCAD. Being that these are not trades that I originally created, I will simply use these types of entries as a reference to the number of pips within 5 minutes and the deviation.GBPUSDUK Industrial Production4:30 AM EST0.5 deviation+14 pips SELLUSDCADCanadian Employment Figures7:00

Ericnoreply@blogger.com0tag:blogger.com,1999:blog-6170068734782133610.post-88114013933432199382007-04-03T20:27:00.000-04:002007-04-03T20:51:34.627-04:00

One my first trades in a while - trying to get back into the forex style, especially with a pair I used to have alot of success with - the Euro Yen. This pair is relatively smooth and trends well, and I find it is a good instrument to learn Fibonacci and chart patters with.Well, this was the classic, "hit my stop and then go in the right direction" type of trade. Literally, the stop was the high

Ericnoreply@blogger.com0tag:blogger.com,1999:blog-6170068734782133610.post-4622839582417574712007-03-21T15:00:00.000-04:002007-04-03T20:51:25.106-04:00

Today at 2:15 PM EST, the Fed decided to do...nothing! The US Interest Rate will stand at 5.25%, but apparently the language decided that they will remove their tightening bias. The markets exploded, from forex to US equities to the futures markets.I was stalking the GBPUSD but it did not trigger the automated entry system I use from Forex Master Maker. After a few moments, it exploded with a

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