oh its geithner — he says we are on the right track to end the crisis.

Maxsmarts Trading Journal and Discussion

limit order activated — back in here at 1.2983. I'm not sure why the euro strengthened when the imf had negative things to say. We saw a strenthening yen from that statement as would be expected and a weakening pound. However, the euro somehow ...

Maxsmarts Trading Journal and Discussion

Exiting short eur/usd early here for small profit — Im exiting my short here at 1.2914 for a $130 profit on the eur/usd. I'm doing this for some better positioning. I have a placed a limit sell order on the eur/usd at 1.2980. With a stop loss ...

Maxsmarts Trading Journal and Discussion

So the Zew came in above expectations unlike I expected and has helped to boost the euro. the 1.2960-90 region is capping further upside for the time being. Further resistance is at 1.3050 and then again at 1.3080 I'm going to take advantage of this ...

Maxsmarts Trading Journal and Discussion

Well if thats how you feel about it no offense intended. I just think it really is all about the money you know. Not neccessarily the pips. But the money management of it. Anyways, nvm this convo...

EURUSD

well is it your concern hes overleveragging. You mentioned double. $1800 which would only be $3600 so i added on $400 for you. I thought that was nice of me . Anyways youve been around for a bit so I just assumed you had more than that.

EURUSD

you only have about $4,000 in your account?

EURUSD

Re-entering eur/usd already — lol I'm already getting back in at 1.2930. Targeting 1.27 region at 1.2725. Stop loss 1.3150. Next target after that is 1.25. On a longer term note. More weakness from the eurozone and mishandling of the recession ...

Maxsmarts Trading Journal and Discussion

Still in yout long positions at 1.3110 and 1.3084?

EURUSD

exited eur/usd position — Profit target hit here at 1.29 for 149 pip profit after pip spread. Will look to sell on rallies and target 1.25.

Maxsmarts Trading Journal and Discussion

IMF wild card — The IMF could be a wild card this week. Their statments have recently been causing alot of movement. Though they have been gloomy recently, and with good reason, any optimism could stir risk appetite and possibly weaken the ...

Maxsmarts Trading Journal and Discussion

Alot of data coming out of Eurozone this week. — As of writin this price action is at the 1.2990 level. It seems to me looking over the economic calendar that if there is a time for the eur/usd to retrace the time would be now. Starting ...

Maxsmarts Trading Journal and Discussion

So are you still long from 1.3110 and 1.3084? And possiblly there could be a short term random move north, but as far as week long movements, I think a break out as occurred since we have a weekly close below 1.3070-1.31 support. There may be a ...

EURUSD

Weekly chart eur/usd Descending triangle — As you can see here on the weekly chart we have have very bearsish looking price action on the eur/usd with this break out from the pennant. You can see that we bounced off of the downward trending ...

EURUSD

Weekly chart eur/usd Descending triangle — As you can see here on the weekly chart we have have very bearsish looking price action on the eur/usd with this break out from the pennant. You can see that we bounced off of the downward trending ...

Maxsmarts Trading Journal and Discussion

Short spot eur/usd — Im short here @ 1.3051 on the breakout on the eur/usd pennant. The weekly chart and the pattern projection suggest a move back to 1.25. First target 1.29 however.

Maxsmarts Trading Journal and Discussion

Bearish technical divergence on USD/JPY — There is a bearish technical divergence on the daily chart of the USD/JPY with the rsi indicator and the price action. I am expecting a pull back to at least the 98 level which will be a good place to ...

Maxsmarts Trading Journal and Discussion

Building Short yen positions — Long here at 99.00 on USD/JPY. Am anticipating a move lower however possibly to 97 where I will add onto my position. Overall upside target is 103-104 before next significant pullback. Bought call @ 131 on ...

Maxsmarts Trading Journal and Discussion

Buying another call here at 131 — I have already exited my call at 132 to make a small profit. And am now buying another call here at 131 with a first target for 140 and then 141. If you look at the daily chart you see that this pair is still ...

Eur/JPY 1,500 pip prediction

Vacation time — I apologize for not updating my trades up to the minute. I have been away from my computer lately and doing trades over the phone. Its summer time you know... Exited Eur/usd put at 1.3180 for a $2,100 profit including the time ...

Maxsmarts Trading Journal and Discussion