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" All good things comes to those who wait - but only what is left

behind by those who seize opportunities" Abraham Lincoln

 

7th April 2009 - 07:46am

3 swing positions have been initiated in the live trading room.

Updating the analysis here on TT now...

 

Today's analysis is a follow through from yesterday, where I wrote about swing trades, both here and in the live trading room.

A word about the room:

  1. it is free (for now)
  2. no software to download
  3. very discret in the office

Here are the trades from the trades this morning, a function of the analysis from yesterday. I still think there is more downside for the pairs that I have shorted. Dollar Yen could easily see 98 again.

Dollar Yen - shorted in the room at 100.64 - still short

Dollar Yen 15-min

Euro Yen short... - alerted to me by viewer in room -

EUR YEN

The EUR YEN EXIT = +125 pips - thank you G

EUR Yen Exit

A losing trade - went Long EUR - GBP at 0.9106 - got stopped out at 0.9060

EUR GBP - 15-min set up

EUR $ Trade - still short

Some took profit here. I am still short

 

 

 

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Kind regards and happy trading

Tom Hougaard

www.tradertom.com

Stay Hungry

Click here for Paul Tudor Jones comment. 1 - 2 - 3

For a light moment HERE

 

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