Cable is falling down without any serious correction. 1.3650 is a nice next level on the way down.

Paper trading. I had enough patience today to wait for a pullback in FIT, and made a bit buying and selling a Call. If I had more patience, I could have made more. I was looking at ANDV, but I saw no pullbacks, and the bid-ask price was too large for my liking.






Happy Trading,

Al :--)

1.3825 and down again?
That would be the same trick for the third time in the last two weeks.

They started the reaction 10 pips shy off my level, but this is fine.

Nice drop today. Still 60 pips above my 'target' level at 1.3660-70.

1.3660 hit to the tick.
There might be some tradable reaction form here.

Still looking weak. Will they make it an extra long day and send it down to 1.3550?

Weak data for USD and here goes reaction to the upside.

Another low, despite poor data. Nothing can stop Dollar buyers. If the area psted above above is hit today, that wuold mean 240-250 pips day, which is extremely rare.

Paper trading. Made a bit on APPL and THC, lost some on ABBV.

And now for some charts.



Got in too late to make much on a call, but I made some.


I entered at the second pullback and lost some. The first pullback would probably have been better.



Nice setup. I made some, but was impatient to get out with a gain. Did not do the required "sittin'. "

Marcin and rat, I want to thank you for your sound advice to me regarding trading. I think your "words of wisdom" have really made a difference in my trading.

Happy Trading,

Al :--)

Paper trading. Found a Doji in WDAY, 3 days before yesterday's CLOSE, that had Full STO crossing its Signal Line UP. UP- bar subsequent to Doji had 0.618 fibo off LOW. Bought a Call today as price moved up to 50 sma. It worked, but I still "left money on the table."







Happy trading,

Al :--)