Archive for month: May, 2011

Half +0.335%

27 May, 2011 (15:03) | Journal | By: Colin McGinley

My cable connection was on the fritz this morning so I wasn’t able to get trading until 6:30 EDT. The issue seemed to be with Comcast. I tried calling them to find out what was going on but supposedly the call volume was too large for me to speak with an operator [...]

Rue +0.52%

26 May, 2011 (15:58) | Journal | By: Colin McGinley

I was unable to pick out a clear cut direction to focus on trading today. Price seemed to be nicely wedged between 1.4150 and 1.4200 with the 6:00 EDT hour opening right smack dab in the middle at 1.4170.
The only thing that pushed me to pick long rather than short was the bullish candle [...]

Hat +0.735%

25 May, 2011 (14:57) | Journal | By: Colin McGinley

More range-y action over the past 24 hours with EUR/USD stuck between 1.4000 and 1.4100.
Most of the London session so far was bullish so I got out my counter trend hat and set to work.

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Repair +1.26%

24 May, 2011 (17:33) | Journal | By: Colin McGinley

I was absolutely frazzled last night so I hit the sack early. Even with close to a full eight hours of sleep I didn’t make it in front of my trade station until about 6:05 EDT. The first thing I saw on the 30 seconds chart was the 30 pip drop that had [...]

Guarantee -0.645%

23 May, 2011 (12:58) | Journal | By: Colin McGinley

I sorted of flip-flopped a bit today.
Price action was bearish all the way from the opening bell for the week. My immediate reaction on viewing the one hour chart was to go long. The 5:00 EDT bar looked to be ending as a doji so 1.3970 would be an important support [...]