Monday, October 26, 2009

River Flow

I'm using an indicator by ggekko called GG-RiverFlow. It is an amazing indicator giving me trend depth. Awesome

Midnight Update

I'm up about 8-9K. ADX is turning and supporting

ADX Indicator

A good tool I have been using is my ADX with +-D1. I find that when ADX is above 25 and +D1 and -D1 cross is is giving mea good indicator of the strength of the direction. Wors really well in all time frames. Although ADX is so simple, I feel it is one of the best tools.

%Range is only telling me when we I am supre range trading or when a completely obvious reversal is going to happen.

OsMA is telling me that NZD is about to move up

Aroon is heavy on the up

FX Caster is about to breat Purple

Full Statement (Click on Images)

Here is my full statement for August to October. The 10K spread is shown and will be covered soon. Around a 550% return in less than 3 months. You need to click on images to see the full statement.




Thursday, October 22, 2009

New Trade

Entered 32 Lots of NZD/USD 10 min ago. Already covered the spread and up 5000 USD. Going to exit half the position at upper bollinger. ADX is right on 25, if it increases I will maintain position. Up 500 more since I started writing this. I used heavy leverage on this position though.

Wednesday, October 21, 2009

Starting The New LLC

Not going to be trading for a few weeks. I'm starting a new Forex LLC in Salt Lake. Currently reviewing Partners.

Tuesday, October 20, 2009

New P and L

Here is my P&L for October. Started with 10,000 now at 54,000. That is over a 500% return in under 1 month.

Wednesday, October 14, 2009

Hit my mark, NZD did exactly what I said it was going to do. Up 10,000 USD since this morning. In this one for the long haul and Tech/Fund supports this. I'll give an update late tonight and early tomorrow morning. You can catch small range fluctuations using bollinger and when the bands get narrow. Stay in NZD for the long haul.

Monday, October 12, 2009

No Joke, up 23,000 USD in last 2 days. Highly levered positions. I have been pyramiding too much and luckly got out just before a retracement. Back in and waiting for trend to continue.
Couple of things happened today. NZD retraced to 38.2, held and then continued to 50 where resisted. Trend should continue.

Posted opening for parnership in the boutique Forex Investment LLC. Loads of resumes. Should be good pool. Hope to get this up and running in the next week. Name up in the air.

If NZD hits .74136 I'll be a rich man

Thursday, October 8, 2009

OsMA

I feel like OsMA is a better indicator for 30 min or less, it lags too much any further out. Spot on right around 15 min. I guess this would be more beneficial to find an entry point once the decision has been made.
RSI is most accurate for overbought and oversold conditions on 4 hour time frame. It hit on the money. Please see below:

Month:


Week:



Check out the 7th

Wednesday, October 7, 2009

Good E-Mail Subscription

I subscribe to NZX's e-mail updates. They send about 3 a day but it is, I feel, the closest to insider trading your going to get when it comes to NZD/USD. If you stay up, it generally gives you a few hour head start on the rest of the market.
Holy crap, I just made 15,000 in 1 day long AUD/USD and NZD/USD. See graphs attached. The dashed green line is my entry











If you look at the AUD/USD you can really see a head/shoulders bottom at the lowest trough. I didn't get in until a day later because I didn't feel it was supported fundamentally. Everything aligned yesterday and I went long.




Here is NZD/USD

NZD/USD was different. I went in on NZD/USD when OsMA broke zero. This is the best technical for NZD/USD and is one of the only ones that really tip the fence for me. Follow OsMA for NZD/USD ALWAYS. It has amazing predictive value and has given me a 300% return on NZD in just one month. I still use support techs but always need to be supported fundamentally. Best advise I can give for NZD right now.

Monday, October 5, 2009

My 1 Hr Indicators

  • Williams Percent Range (14)
  • MACD (12,26,9)
  • OsMA (12,26,9)
  • Aroon Horn (10)
  • Aroon Osc (10,50)
  • Parabolic Indicator (Yellow)
  • CCI (14)
  • Wajdyss Ichimoku Indicator
  • Bollinger Bands (20,2)
  • Money Flow Index (14) - (80/20) - Range Scale
  • FX Caster (Best Indicator)
  • RSI (14)
  • Exponential Moving Average (2,5,10,20) Combine Simple (10)
  • Candlesticks with Fibo lines (Works best on 4hr)

New Working Paper

I'm currently working on a new working research paper entitled: An Economic Understanding of NZD/USD Price Movements and Various Statistical Models to Predict Them. I am using GRETL stats software for my research.

Huge Upswing in NZD/USD last night till noon today


Wow, made USD 7,000 in 10 hours. I didn't rely much on fibo retrace last night. I used OsMA and MACD along with exponential 2, 5, 10, and 20. Put in a simple of 12 to give you a signal. Bollingers haven't been working too well lately. Hits the upper band, retraces only minimal and then shoots up again. A 1 hour Aroon Horn will give the best signal of momentum for me. Overall 300% return in last few weeks.


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