Thursday, January 26, 2006

One Post, Tons of Info, Trade Like a Heathen!




The past week has been.. well.. huge. The last time I wrote we were waiting on breaks of key levels to gain momentum in most currency pairs. We stayed confined to channels for the most part over a big part of the first month of the year, which historically did not really add up. Generally most pairs are climbing or desending or climbing in harmony and balance after the holidays - however; this year was a little different huh? The Euro traded a liberal range for a big part of the moth - so did Cable and other pairs - and for trend traders you either walked out with a shirt on or heck - your whole chest hanging out!!! lol!!!

Where are we now? Over the past week I have gained over 250 pips in the four majors - after a brain shock I had last week - it was refreshing. If you have been following my Blog you all know that I trade using Ichimoku Kinko Hyo and I am a trend trader - with a rather odd methodology. I only place a few trades a week - generally 5 - 7 trades on average over the four majors - and now one "exotic" .. well.. I think it is exotic - the GBP/JPY pair, which is a heavy trending pair with tight moves in harmony with current trend. It is a very "stable" pair. I was introduced to the pair by a new found "trading buddy" out of New Jersey. On last week - tried experimenting with Kagi charts - and after a "hellified" attempt - I gave up and told myself - "If it aint broke.. don't try to fix it!!!" lol!!! simple enough huh? But wht I did get out of it is an enancement to my current methodolgy, and I like to call it "BlackBerry".

BlackBerry - is a strategy that uses basic alarms and notifications all delivered to my BlackBerry Handheld that either notifies me of Ichimoku Kinko Hyo generated signal and parameters based on price position and trend deveopment and gives me a clear view of trade opportunities. Using basic OCO orders I am able to enter and exit trades based on Ichimoku analysis and presets.. I know - all of this sounds like jibberish - lol!! But when"jibbersish" turns into 250 pips and all un-monitored, "jibberish" starts sounding pretty good. Did you know that God has a way of revealing to you some of the most complex strategies that could ever be developed - in the wink of an eye? And though at times the "transmission" may sound like "jibberish" the faithful knows that if God reveals it - then the revelation is either designed to teach - or deliver.. in this case the revelation is - deliverance, but I will go deeper into this later - or if you have a personal desire to know please feel free to email me -

I have not given any analysis on my blog in a while huh? maybe I will take sometime this morning and do that - so I will cover Cable and Euro dollar following this post. So stay tuned for that - Because of course I am a little against the grain - lol!! But I will also be giving insight on some great trade opportunities and developments.

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