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ThirdEyeTrader » 2008 » May » 12
Archive for May 12th, 2008

Position Update

May 12th, 2008 | Category: Position Update

I reversed my stance on EUR/USD and begin to be bullish for the USD.

I longed the USD against the CAD,CHF and EUR. There is some pretty nice price action together with FIB & SupRes confluence.

 

ALso Crude Oil got hammered quite a bit today.

 

I am searching for entrys around 120$/barrel.

Here a screenshot of todays action.

Crude 4H

 

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I always knew Jim Cramer is a crook..

May 12th, 2008 | Category: News

..because for a few months I had a subscription to his paid services (just out of interest..i never traded on them because common stocks are not my playing field) and at MINIMUM 3 occasions they gave bullish recommendations on the public&free side of thestreet.com while recommending short selling to their private subscribers on specific companies at the SAME time..i have SEEN it with my own eyes..

 

I am pretty sure there are some stories about this on the webs too but  cannot remember where..it has been a while..google is ya friend

And now I stumbled upon this website (kudos to CultureofLifeNews)

and i really recommend to read this!  will take some time but it is worth it..take it with the usual grain of salt and form your own opinion..

I am not interested in the names because thats only smoke and mirror for me…but it gives a pretty good impression of “how” stuff works or could work ;)

 

Have fun!

 

Naked shorts

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Position Update

May 12th, 2008 | Category: Position Update

Got stopped out on first position for a few pips..the second pos got stopped out for a loss! Check the screenshot..

GPBJPY 1H

 

I am waiting for an suitable re-entry point.

 

I should thoroughly think about getting an PDA for mobile trading to constantly monitor my positions..

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Position Update

May 12th, 2008 | Category: Position Update

Wanted to show this trade which will be the only one for today.

 

I attached an 55pip TrailingStop to the second position.

First Entry`s Stoploss is already @ breakeven so no risk on this position anymore.

GPBJPY 1H

 

I am quite bullish this week on the carry trades and especially bullish for the Fiber and the aussie dollar.

 

But now i have to leave and get my mind and body refreshed :D

c717px-The_Hookah_Lighter

 

 

 

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Situation Update

May 12th, 2008 | Category: Situation Update

Sorry fellows,

the past weekend i had to visit 3 different birthday events and that meant i was at partys nonstop day and night since friday. But it was worth it absolutely. Made some great new friends.

That means I won`t do an weekly recap.This evening I will post my humble “forecasts” for this week.

headz up guys ’n gals !

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