Sunday, February 12, 2012

4 New Picks -- But Averaging In to build a position.

Timing the market, by most people's account, is impossible. Sure, I hit it perfectly sometimes, but other times...I widely miss the mark. Sometimes my entry point is slightly off, and we miss a run....other times, my rate is too aggressive, and we start out in a hole. So lets take the TIMING out of the equation...

.....AND LETS MAKE SOME MONEY!

Purchase however many units you want, by increase your units as we get more conservative. See below:

BUY USD/CHF - AVERAGE IN!
2 units @   .91700
3 units @   .91529
5 units @   .91211
All Stops:   .90800
All Limits:  .93894

SELL AUD/USD - GO ALL OUT!
10 units @ 1.07000
Stop:   1.075
Limit:  1.06

BUY AUD/NZD - AVERAGE IN!
2 units @    1.28897
3 units @    1.28048
5 units @    1.27083
All Stops:   1.25000
All Limits:  1.31500

SELL EUR/NOK - AVERAGE IN!
2 units @    7.61801
3 units @    7.63947
5 units @    7.65500
All Stops:   7.67500
All Limits:  7.57500


My Alternate Open Pairings:
  1. Long USD/JPY
  2. Long USD/HKD 
  3. Long USD/CAD
  4. Long EUR/CHF
  5. Short USD/HUF
  6. Short EUR/CAD
  7. Short EUR/USD

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