Browsing Archive: January, 2012

Another Run, Another Missed Opportunity

Posted by Kris Pivo on Saturday, January 28, 2012,
Second week in a row, Cable ran straight up, briefly pausing at H3 and finished at H4 level.  We missed the opportunity all together. Rumour has it that EU is mending a deal for Greece again and it should be announced on Sunday. Let's see what it means for the markets.


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Great Run, Small Profit

Posted by Kris Pivo on Saturday, January 21, 2012,
We had a great run of the Cable last week, but unfortunately we missed most of the opportunity. We took the profit at the H3 level, but Cable ran through the H4 and stopped just short of H5!
With the bearish economic outlook on EU this might have been a stop-run, where professionals take out retail investor positions, but we will see next week. Anyway, we walk away with $57.20 profit and we will see what the market brings next week.

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Market is Warming Up

Posted by Kris Pivo on Friday, January 13, 2012,
As professional traders return from holidays, we are seeing more liquidity and better market moves. The Cable touched H3 level, then penetrated L3 and L4 levels. We have capitalised on all these moves and we made $212.90 for the week.


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First Trade in 2012

Posted by Kris Pivo on Saturday, January 7, 2012,
Well, as the professionals are returning from holidays we had our first two trades. We made only $154.40, but markets are half asleep and we hope to have better trading conditions next week.


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