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- Dan007 replied May 23, 2008
Morning all Jeremy, i will get back to you after lunch... Wife is waiting and wanted to get this out 1st... Fantastic positive room today. EURUSD, USDCHF and CABLE fizzled out but no harm done and many of the MBC capitalized on the CRUDE, GOLD and ...
The London Open
- Dan007 replied May 22, 2008
Hi Guys Take a look at CRUDE falling off with the EURUSD... Patience is the key... Look at the crossover of the CCI's Dan007
The London Open
- Dan007 replied May 22, 2008
Remember entry points and exit points come from my 21 CCI and 10 CCI... The 10 will get you in slightly earlier and depends on the position of the MA's...Eg today all markets had been overbought or oversold on the 60min charts which means pullbacks ...
The London Open
- Dan007 replied May 22, 2008
Hi Guys Bit of a messy day today to be honest...All FX charts setup for retracements back to the 200ma but the problem with this type of trade is that you are trading against the main trend...USDCHF and GBPCHF were all in down trends but finding ...
The London Open
- Dan007 replied May 21, 2008
Hi Guys Sorry i will come back to any questions but i have to run out my office in 30mins...Apologies. Interesting morning and should have capitalised on more but missed certain entry points... Huff!!!!!!! Lack of data in US and GBP left for only ...
The London Open
- Dan007 replied May 20, 2008
Hi Rocwell No problem... It is a little confusing..Got to run now as baby is calling. I overlay my Daily MA's on my Intraday charts Take a look at the 4hour EURUSD chart below..The dotted blue line is my daily 50ma and the dotted gold line is my ...
The London Open
- Dan007 replied May 20, 2008
Hi Rocwell I only use my 60min MA's on my 15min chart Important to use them... Works a beauty!!! Dan007
The London Open
- Dan007 replied May 20, 2008
Hi Golfer FX... We must have a game sometime... Yes i position trade when the market is set for it but i also pick up around 100 plus pips each morning, if conditions are right in the london market... Learnt not to trade US market that often..Only ...
The London Open
- Dan007 replied May 20, 2008
Hi Jeremy Yes its been a good day..Just got home. I love the London market and been trading it for years... Just so everyone knows i will be posting my reports b4 midday everyday. Speak tom Dan007
The London Open
- Dan007 replied May 20, 2008
Morning all... Concentrated on the strength of CHF today and the strength of the EUR and GBP against the USD. Gold showing support initially for USD weakness on london open... EURUSD - Perfect break with German PPI coming out stronger than expected ...
The London Open
- Dan007 replied May 19, 2008
Hi all Trust everyone is well... My philosophy in trading is TO keep it simple and stick to your trading plan... I use a 200ma & 50ma simple and a 20ma exponential...The 21CCi and 10CCI are key as well for trends... I work off a Daily, 60min and ...
The London Open
- Dan007 replied May 19, 2008
Hi all Very quiet today with limited alerts out in GBP and USD. Picked JPY strength and CHF strength today, even in a quiet market for a few pips… GBPJPY - Drifting lower from 203.65 and target 203.10 USDJPY - With Jpy strength the 21 CCI showed us ...
The London Open
- Dan007 replied May 19, 2008
Hi all I specialise on the London Open and have done for quite a while... I post under The London Open and will always post my trades around midday. Very quiet today with limited alerts out in GBP and USD. Picked JPY strength and CHF strength today, ...
Best way to trade London open?
- Dan007 replied May 16, 2008
Good afternoon all... Not long till we bowl all these kiwi's out in teh Test match!!! As you know its a messy period and a lot of indecision in these currencies. Take it day by day until we get a clearer picture for longer term plays. Gold was the ...
The London Open
- Dan007 replied May 15, 2008
Thursday May 15th — Good afternoon all Messy day to be honest but good trades taken in Gold, Crude and FTSE... The currencies hovered at key resistance levels and u can see the JPY currences falling off their medium term highs for small ...
The London Open
- Dan007 replied May 14, 2008
Good morning all… Interesting to listent o Mr King and his team on their inflation report… Tough times ahead i fear!!! They kept talking about patience and feel it will take 18-24 months before inflation will come back into line towards the 2% ...
The London Open
- Dan007 replied May 13, 2008
Good morning all I trust you are all well... Well it looks like rates will remain on hold for now. Possible 0.25% cut by the end of year.. Tough decision for MPC as inflation is No1 priority... Quiet london session but took GBPJPY and USDJPY down to ...
The London Open
- Dan007 replied May 12, 2008
Hi Kermut Nothing fishy at all mate...I am a full time trader and posting a few of my trades for the day...Good to start a chat with you and if you have any questions please do ask. Happy to help... Interesting day to day with a lot of the trades ...
The London Open
- Dan007 replied May 8, 2008
Hi Well thats me done for the day... Cable was the only low risk, high probability trade back to the 200ma for 50 points. See ya tomorrow. Dan
The London Open
- Dan007 replied May 8, 2008
Thursday 08th May — Good morning Quiet day ahead of MPC meeting at midday.. GBPUSD was the only small risk trade with a pullback to the 200ma. Broke the channel at 1.9550 for a quick 50 points to 1.9600.. Take a look at the charts attached.. ...
The London Open