Archive for December, 2008
Tuesday, December 30th, 2008
Hello all-
Got filled on a Credit Spread (Bear Call Spread) on the OEX weekly options.
OEX currently at 424.
Sold Jan A 435. Bought Jan A 445.
Credit $1.55 per share. Risk $8.45 per share. Breakeven point 436.55.
If you want to learn more about trading these types of option strategies or want to understand [...]
Tags: Credit Spreads, OEX Weekly Options, options, Spread Trading
Posted in Options Trading | 1 Comment » | Email Us
Wednesday, December 24th, 2008
We hope that 2009 creates a New Beginning for you in your lives, that they may be richer, fuller and you will prosper in all ways. We at Serene Investor are thankful for you and look foward to working with you as a partner in 2009.
Have a great holiday
From Serene Investor
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Monday, December 22nd, 2008
Morning All Traders,
Good morning today, during the London session – took a short in the GBPUSD – was a bit cautious as it
Tags: currency trading, forex, Forex Trading, GBP, GBPUSD, pound
Posted in Forex Trading | No Comments » | Email Us
Thursday, December 18th, 2008
Hi Again,
The other great trade today was the GBPUSD – like with the USDJPY was not expecting much today. then about 1 hour 45 mins after the Unemployment claims data saw momentum to the downside, took my first entry at 1.52317 (after taking out the momentum low) and placed my stop loss 75 pips away [...]
Tags: currency trading, forex, Forex Trading, GBP, GBPUSD, pound, sterling
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Thursday, December 18th, 2008
Hi There Everyone,
Unemployment Claims out today (1.30 pm London time) – slightly better than expected but not far off (Expected: 558k vs. Actual 554k) – after yesterday
Tags: currency trading, forex, Forex Trading, JPY, USDJPY, yen
Posted in Forex Trading | No Comments » | Email Us
Wednesday, December 17th, 2008
Hi Again,
Not as spectacular as the other 2 trades, but hey, I still managed to bag just over 100 pips on this trade, was the AUDUSD.
Took my first entry at 0.69238, placing my stop at 0.68845. I then bought 2 additional pull backs at 0.69502 and 0.69748. Closed out my positions at 0.70256 – a [...]
Tags: AUD, AUDUSD, aussi, currency trading, forex, Forex Trading
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Wednesday, December 17th, 2008
Hi Again,
The other spectacular trade was the USDCHF.
Took my first entry at the 1.10748 level – took out the momentum low, kept my stop tight 29 pips away at 1.11036. Re-entered the trade at all the pull backs: 1.09873, 1.09277 and 1.08819. Closed out all my positions on the hammer, MACD was starting to diverge [...]
Tags: CHF, currency trading, forex, Forex Trading, Swiss, USDCHF
Posted in Forex Trading | No Comments » | Email Us
Wednesday, December 17th, 2008
Evening Everyone,
What an amazing day!! Firstly well done Chris for taking 140 pips on the GBPUSD – great trade! I sat out the London session today – markets were too flat, wasn
Tags: currency trading, EUR, euro, EurUSD, forex, Forex Trading
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Tuesday, December 16th, 2008
The EUR/USD pair has been in a long term downtrend until just 2 days ago when we brok out of the downtrendline. The dollar has weakened and the Euro is above the central pivot point and took out R1 and R2 on the monthly pivots and heading for R2 about 1.4185. [...]
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Tuesday, December 16th, 2008
Hello Traders,
I just returned from Nashville where I spent a powerful 4 days working on myself. Every time I go to the ISA event it amazes me how my life changes, how much more joy, peace and power I receive. I mentioned the ISA EXPERIENCE on the last blog I wrote, but want [...]
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