Saturday Feb 11

Archive for the ‘Bank Flow Trade Calls’ Category

Apr
14/08
Bank Flow Levels for April 14, 2008
Last Updated on Monday, 14 April 2008 10:52
Written by dustin pass
Monday, April 14th, 2008

I am going to share a couple of levels with you today.

Trade One

First is the USDCAD, looking to buy around the 1.0120/30 area targeting a move back up to 1.0250.  For intraday traders set a stop around 1.0075.

Trade Two

Second is the EURJPY. I will likely take a sell in the 160.30/50 area targeting 158.30/40. For Intraday Traders place stop around 160.90.

The above trades are based on order flows from banks meaning that the likelihood of a reversal is strong; however, banks can pull orders and occasionally if there is enough volume orders can be absorbed. I will try to post trades that I feel are 90% success rate on this forum since I can post updates in real time. You should not trade either of the trades if they do not fit your current risk profile. 

These are just two of many levels that I am watching.

Posted under Bank Flow Trade Calls  |  Comments  No Comments
Jan
16/08
ECB moves market
Last Updated on Wednesday, 16 January 2008 12:12
Written by dustin pass
Wednesday, January 16th, 2008

We had some anouncements made from the ECB a few hours after we added to the usd/chf that was extremly bad for the eur and due to the corroloation between the EUR and CHF we saw good moves on both currency pairs. I expect we will have some slight retracements but expect overall follow thru on these moves.  This is helping both our eur and chf long term trades with well over 100 pips of movement.

As I said we may get a retracement but you cant get caught up in noise seen on an intraday basis.  With that said I will continue to hold the EUR/USD short and the USD/CHF long.

Dustin 

Posted under Bank Flow, Bank Flow Trade Calls  |  Comments  No Comments
Jan
16/08
Small add around 1.0900 on USD/CHF
Last Updated on Wednesday, 16 January 2008 09:45
Written by dustin pass
Wednesday, January 16th, 2008

I added to the USD/CHF around the 1.0900 level. You can add any where in this area.

Dustin

Posted under Bank Flow, Bank Flow Trade Calls  |  Comments  No Comments

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