Tuesday, April 29, 2014

Trade Projections, 4/29-30

9:30pm...EST.  We are long Euro at 1.3808...half my stack.  Will add at 1.3785 .  Give it 25 ticks stop after that.

Yesterdays AUD trade was projected to yield 50 ticks.  Those that traded it and stayed in got 30

2:40AM UPDATE:  EURO might have found a bottom at 1.3796.  If you want to add to it at 1.3700 and stop out below 1.3796, may not be a bad idea.  But I still might buy back in at 1.3761 (new projected bottom)

IF we get 1.3840 before the numbers at 8:30AM EST, take your profit and bail.

7:10AM UPDATE:  For those of you  that got in around 1.3810, you are up 30+.  For those of you that addes at .13785 as per the original post, you are up over 50.  For those of you that waited until the adjusted bottom estimate, well, we missed it by 14...oh well.  Still, a good trade.

11:08 UPDATE:  Shorting EURO @ 1.3903 if given a chance

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