Might need someone who's from the US to maybe give their input on that question. Since I'm from Canada I can't comment too much on that plus I'm not too knowledgeable when it comes to fundamentals. However... what may happen is the USD strengthens ...

zoopy's trading journal

Shot? Is that the short from the previous trade? What has happened this week is the reason why I don't let trades run but aim for 100 pips then get out. My reasoning behind this is simply because if the big players are involved, they will push price ...

zoopy's trading journal

euro current wave — Here's the current wave we're now working with. The 4 hour period for me closes in about 2 hours time so will be interesting to see what happens from then onwards. Euro just hit around 200 pips up in 2 hours lol. One of ...

zoopy's trading journal

Scary!!! — That was one very scary move up there. We went from 1.5364 to 1.5543 within 2 hours? Not sure how much I trust that move even though it was caused by Trichet's comments. Trading euro is worse than trading cable nowadays ...

zoopy's trading journal

euro charts — This is what I currently see on my euro charts. We have breached the 50.0% fib retracement based on the line chart. Once that happened, my goal was to try and get a really good price to short at, relative to the blue highlighted ...

zoopy's trading journal

Sending in scout — Sending in my scout. If this move starts to tank I'm sending in the army.

zoopy's trading journal

Yep. Something was hiding behind those bushes LOL Going to be monitoring 1.5500 and beyond to see what price does then I'll be sending in my scout.

zoopy's trading journal

haha. My brain was confused, couldn't decide on which so sent me a goat instead so I wouldn't trade

Dumb blonde trading...

haha — haha no kidding. I had a dream once where I was chased by a goat... what a weird dream that was

Dumb blonde trading...

Everyone will use the waves differently. The main thing is that you understand the basic principle of how they work because it occurs in all markets, not just forex. A while back I believe I also posted up some of the ways it could be applied using ...

zoopy's trading journal

Oil + main charting feed = ODL Securities DowJones + S&P500 + NasDaq = North Finance

zoopy's trading journal

Pulled everything. It's possible the market may grind away until we hit 1.5400 but I think there's something there. I made a small profit on this trade. +/- 30 pips Didn't feel comfortable with that trade and when you experience that, you get out ...

zoopy's trading journal

Pulling trade. Reason 1. No momentum behind this move going down. This may be because the market is waiting for NFP this Friday I'm not sure. 2. I watch price as it approaches x.xx20. If it shows a reaction in this area then there may be buyers at ...

zoopy's trading journal

Interesting setup here — Interesting setup here on the aussie 4 hour. Figured I'd post this here instead of the aussie thread. Don't want to confuse those that are following Jacko's method. We had a break of the wave, the pair is pulling back, ...

zoopy's trading journal

The Reason why you follow waves — Here's an example of why you follow waves. Follow the market, don't fight it.

zoopy's trading journal

Dow Jones + S&P500 waves collapsing — Here's the Dow Jones and S&P500 daily charts showing waves collapsing.

zoopy's trading journal

Follow up of post#992 — Sending in the army! Edit: No momentum... we need to break 1.5400.

zoopy's trading journal

oil 4 hour collapse — Oil 4 hour waves show a definite collapse. May be a pullback before it drops further.

zoopy's trading journal

12 of 15 — Bernanke is working his magic again. 12 of 15 or 80.0%

zoopy's trading journal

Me neither but it reminds me of them lol.

zoopy's trading journal