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BillyRayVal replied Oct 30, 2008Hi Tori, I had 1.1900 listed as a level today (local lows on the last wave up)....it did a good job of taking to it....nice area in general though. Even if you got in at 29 you had 140 pips or so....nice one 1.2120 is the next big resistance on the ...
No Brainer Trades
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BillyRayVal replied Oct 30, 2008Hit twice, good resistance, breakout comes, easy trade, easy money. Great job!
No Brainer Trades
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BillyRayVal replied Oct 29, 2008There we go....this is how you do it. Inch by inch, just follow what price tells you to do. The signals are always there you just have to know how to decipher them and trade them. These breakouts are red flags to go long. Everybody is watching them ...
No Brainer Trades
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BillyRayVal replied Oct 29, 2008Interest rate announcement today rocked the dollar. Who ever thought of the USD carry trade?
Fades are NOT a good idea on interest rate actions/speculation. Breakouts, now we're talking.
In any normal environment though this would have been ...No Brainer Trades
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BillyRayVal replied Oct 29, 2008Ive been getting a lot of questions about this stuff lately, and I'm going to try to help clear it up in the next day or two with a bigger post. I think it comes to understanding when things are parabolic (too stretched out) or not, and when its ...
No Brainer Trades
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BillyRayVal replied Oct 29, 2008Hi, you're welcome and thanks. Yeah this trade died a long time ago I just havent updated yet but doing it now....final count on it was something like +170 pips or so I think. There's a blurb below the trades; theyre tracked by whenever -40 pips or ...
No Brainer Trades
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BillyRayVal replied Oct 28, 2008If I'm extremely confident then yes, but that's very rare....most of the time I just like to be there.
No Brainer Trades
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BillyRayVal replied Oct 28, 2008This "rule", I have to say, in hindsight, Im not the proudest of writing, because I have had alot of trades go in favor by 40 pips and go in the red just a hair before coming back and turning out to be very profitable. I was looking more or less for ...
No Brainer Trades
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BillyRayVal replied Oct 28, 2008Before and After of the USD/JPY Trade - Picture Perfect — ....find me another thread that does this
j/kNo Brainer Trades
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BillyRayVal replied Oct 28, 2008Got a bite on this trade tonight for +80 pips so far from the mid range of the area. Some big buying into the area tonight on equity markets rallying in Asia.
No Brainer Trades
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BillyRayVal replied Oct 27, 2008ya mon right about there - place a horizontal line and you'll see the base pretty cleat form hr and 15 I think
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BillyRayVal replied Oct 27, 2008I had it marked up but I didnt take it. I was looking higher - hourly charts look they could use some breathing room to the upside and I felt it was too premature to sell it yet - could be wrong but better safe than sorry. I was looking in the 2530 ...
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BillyRayVal replied Oct 27, 2008Also 1.5680 has potential - just take a look at a 15 min chart
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BillyRayVal replied Oct 27, 2008Yeah resistance level - need not be a bucket these happen very frequently as well. url
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BillyRayVal replied Oct 27, 2008Good stuff! Glad to hear it....post away some good folks around here.
No Brainer Trades
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BillyRayVal replied Oct 27, 2008Short USD/JPY 96.00-95.90 — Sticking right out there....if it gets passed though 96.90 and 97.20-25 are good areas as well. Nothing surprising me lately in this market....these runs have been rediculous..
No Brainer Trades
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BillyRayVal replied Oct 27, 2008I was looking at 1.5600 area as the safe play - was even thinking about posting it but GBP has been too volatile in the past 2 days to just leave and be - every trade Ive taken on it in the past 2 days Ive been on my toes alot. Every 5 minutes it ...
No Brainer Trades