I have now Trailed to a profit Lock in at the 1.2853 level.

Here are all the stops in Red lines as we trailed, profit targets in Purple.

Confluence of pattern Targets just below and above 1.2900 level point to major post Target 'Stall point' and pullback

Bookmark It

Tullet Prebon TLPR – Looks promising on Breakout. I am a Holder of this stock in MY SIPP investor competition.

Funnel within another good Targets 465 and 510

Bookmark It

*******************************************
1533 Trail Stop to just above Break even! For Free Trade!
*******************************************

Hi,

This is my observations and Trade plan for Non Farm on The EURUSD.

From the 15 Minujte Chart below you will note that we have already had a Successful Hunt Volatility Funnel that met its Target.

15 Min Chart Plan for Non Farm

Also there was no substantial stall post Target attainment and the exit whilst a good one is below current market levels where the ‘Congestion’ and ‘Time decay with no progress’ has taken place this is Bullish.

So my view is that apart from an outlier Negative result for EURUSD we will see the Euro be breaking out upside.

You will note that the Chart shows we have already taken out my indicated Relative High 3 Point (RH3) at 1.2835 – My Target is 1.2898 for 63 pips and I will place either a Buy Limit order in the expectation that we will drift down to our RH3 level before 1330, or I will allow it to return within the funnel and place a Buy stop for the next break up.

Loss stop is at 1.2807 for 28 pip Potential Loss for a 63 Pip reward if attained R:R of 2.25

I expect the Physcological level of 1.29 to fall marginally before a potential stall takes place and may short beyond 1.29 say if it over extends to 1.2920-35 as this has been a key level before. This would be on 1/3rd of my usual trade size for the initial move and only on signs of exhaustion.

Please note role of the Round Number so far in this chart 1.2900 mainly as resistance..

NonFarm if Bullish scenario

If the Break is negative I see a Downside Target of 1.2740/50

Goldman Sachs recaps expectations for today’s key event – payroll day… also the ISM nonmanufacturing index and a couple of Fed speeches.

8:30: Employment report for Aug…another modest gain in private-sector hiring? Labor market indicators for July have been mixed, as discussed in last night’s daily comment. Initial claims rose into the payroll survey week, perhaps with some help from distortions, and have since fallen back into the upper end of the previous range. Consumer perceptions of job availability have worsened. On-line job indexes have pulled back. However, the employment index of the ISM’s manufacturing index rose further from an already high level. On balance, we read these data as consistent with no change in private-sector payrolls. The runoff of Census jobs and a modest reduction in government payrolls should then result in a drop in total payrolls similar to what we saw for July. https://portal.gs.com/gs/portal/home/fdh/?st=1&d=9614468.
On total payrolls, GS: -125k, median forecast (of 81): -105k, ranging from -190k to +75k; last -131k.
On private-sector payrolls, GS: flat, median forecast (of 55): +40k, ranging from -12k to +120k; last +71k.

Bookmark It

I have a cluster of Possible Long set ups in US Realty?

How can that be, everything property wise is a busted Flush or ist it?

Lexington Realty Trust,

US Property

SL Green Realty,

Still setting up

Winthrop Realty,

Winthrop Realty

I have the above Share in My ‘Sipp Accumulation’ Contest holdings

Bookmark It

Low Prices from China forever?
“>
Click Here

Bookmark It

“>

Bookmark It

“>

Bookmark It

1: 4.5 - R:R

But it worked out well in the end – Sell was at 1.5563 Loss stop 1.5573 (10 Pips) – Reward 1.5528 for cheeky 45 pips.. 1 : 4.5   R:R?

So much for price action is Random (Randow Walk Theorists?) price patterns do occur even on really tight time frames..

Impossible to blog for others to participate, on 1 & 5 Min Charts but great learning experience trade.

See chart below.

Bookmark It

“>

Bookmark It