APIRATESLIFE4ME

EUR/USD Cashed Out Long!

Immediately Took New Short @ 1.2850

Saw it happen as it started unfolding.

I was logging in, back from the Holiday.

Cashed Out And Reversed With A Fresh Short Around The 1.2850 Area.

$$$$$$$

I had my LONG Stop just above 1.2850!

I saw that it was going to be hit!

I cashed out and Immediately went SHORT!!!!!!!

( This Info Was Emailed To Members on 09/06/2010 @ 19:38 New York Time)

YOUR WELCOME!!!!!!!

EUR/USD SHORT Cashed Out @ 1.2700

Protected and Banked 400+ Pips!

Looking like a Fib Pullback.

I cashed out and getting ready for a bit of a Vacation.

I Immediately took quick LONG.

I now have over 100 Pips to the Upside!

With A Very Tight Stop!

Nice Day/ Month!

I’m still in my GBP/USD Short & USD/ JPY Short along within a few others (for now).

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Being involved in Trading and the markets I’m often asked about stocks.

I’m a Currency Trader, but I do know many Stock Traders and Investors.

I’m often asked my opinion and what I think Technically.

One Stock that I see as a Buy is SRCL .

Stericycle is a medical waste disposal company.

SRCL is “weathering the storm” better than most.

I see it as a Technically Fantastic Opportunity.

]]> http://www.bigpipn.com/srcl/feed/ 3 http://www.bigpipn.com/sp-alert/ http://www.bigpipn.com/sp-alert/#comments Tue, 24 Aug 2010 14:09:37 +0000 EMIT http://www.bigpipn.com/?p=1691 HEAD AND SHOULDERS

.

KNEES AND TOES!

BigPipN™ UPDATE – 22 AUG 2010

EUR/USD

Still In My SHORT

08/11/2010   @ around the 1.3100 area.

No need to think about going LONG any time soon!

For Any Reason / Other Than A Solid Break Of  1.30585

If Something Changes, I Will Let You Know.

GBP/USD

Still In My SHORT

08/11/2010   @ around the 1.5800 area.

Watching This Pair Very Closely.  With A Tight Stop

USD/JPY

Still In My SHORT

06/21/2010   @ around the 91.00 area.

AUD/USD

Members Only

S&P 500

Members Only (knees And Toes)

COMPQX

Members Only

DJ-30

Members Only

RUT-X

Members Only

$ This Is Only A Partial Report $

$ Complete Report Sent On Sunday To Members $

NEVER CHASE PRICE! A NEW TRAIN IS JUST DOWN THE TRACK!

Protect Profits! Look For Overdone Areas!

Possible Entry’s Risk vs Reward.

I Love An Entry With A Tight Stop! Just On The Other Side Of A Big Barrier!

In Adversity Run Like A Jack Rabbit!

Keep Emotion Out Of The Picture!

If In doubt, Stay Away! Preserve & Protect Account!

This Is What I’m Doing!

You Need To Think For Yourself!

Happy Trading!

EMIT

This Is What I’m Doing!

You Need To Think For Yourself!

Many people love to follow.

Some people can’t come up with good original ideas

and they must copy or follow others!

Since the Creation

of BigPipN.com in 2005,

I have always told people

This Is What I’m Doing!

You Need To Think For Yourself!

If You see another person claiming to be Me

The Are A Fraud!

The Only Place You Will Find BigPipN™

is on BigPipN.com!

All of the Content you see and hear on the BigPipN™ website are subject to trademark, service mark, trade dress, copyright and/or other intellectual property rights.

The entire Content of this website is copyrighted as a collective work under U.S. copyright laws.

BigPipN™ 2005 – 2010 All Rights Reserved.

BigPipN™ is a Trademark and Intellectual Property.

Any Infringement is strictly prohibited and will be prosecuted to the full extent of the law.

.

A Great Dukascopy Forex Cartoon!

Great Lesson!

Take Profit!

I have had several Traders ask me this last month what currency pairs I Trade.

Although I do look at many charts including some stock charts, I mainly focus on these 4 Pairs.

EUR/USD, GBP/USD, USD/JPY, AUD/USD

99.9% of the time these are the only ones I concentrate on!

I look at it like this.

If you ever heard some music played over and over on the radio eventually you will know everything about the song.

Every beat , every lyric, every hook and every distinct rhythm!

The Same With Currency Pairs!

I find that each pair has a distinct rhythm. After some TIME. Meaning YEARS!!!!!!!

You will find that you will know this rhythm by heart. If something is wrong or just doesn’t feel right you know it almost instinctively.

I know the beat, the lyric, the hook and distinct rhythm of these pairs!

When the rhythm is off on one pair, I look at one that has a nice flow, proper volume and cadence!

Most of this year the EUR/USD has been a “Traders Gift“.

It is stumbling around a bit now and the GBP/USD has been my focus.

I primarily concentrate on these two grabbing what I can. If it looks dangerous, I look elsewhere.

Never force a Trade on a pair that has a “spiking price action”.

Look for something easy and boring!

Also, Traders think they must trade the small 1-5 charts because they can’t afford to have huge stops.

My stops are very close to my entry and I Trade the large Time frames. Looking only at the small time frames after a signal on the larger.

I Love An Entry With A Tight Stop! Just On The Other Side Of A Big Barrier!

In Summary:

1.) Learn the Rhythm of only a couple pairs.

2.) If something looks dangerous, don’t trade it. Wait!

3.) Look at 3-4 time frames. Only look at 1 or 5 min. chart after a signal on a larger.

If In doubt, Stay Away! Preserve & Protect Account!

This Is What I’m Doing! You Need To Think For Yourself!

P.S.

1.) TRADE LESS

2.) ONLY TRADE THE EASY TRADES

3.) KEEP MORE PIPS YOU EARNED!

Happy Trading!

EMIT

Bouncing Around!

This Is A Partial Newsletter!

Full Newsletter Is For Members Only,

Sent To Members Every Sunday Night!

EUR/USD

As Many of you know I Cashed out of my Daily Chart Short (from DEC 2009).

I’m Now Long around the 1.2500 area!

Looks Like we are going to bounce around between 1.3000 and 1.2700

The 1.31248 area is the 38.2 fib level on the last big short (daily chart).

We could test this level more!

This once was a time of boring Trading with Traders Playing checkers while others went on vacation.

I still think we could see some nice opportunities this week.

If we pop above 1.3000 Area/and Holds, I’m gonna go LONG again!

If we go below 1.2750 Area/and Holds, I’m going to go SHORT!

Carefully watching 1.2700 then 1.2650 as Support!

(Holds Means Holds! Not a Spike on a 1 min chart!)

Area Means The General Area. I also look for past candles in the same area.

Protect Your Profit Earned!

Let Small Trades turn into Large ones!

In either direction, I will protect profit and let it ride adjusting my stop as needed.

I will contact all Members with my Trades This week!

Remember! Always trust your own judgment. I’m not a Babysitter!

I only give insight into what I’m doing and thinking!

If you caught this LONG, Move Your Stop! Protect your profit.

I don’t like saying where I place my stops, but it is close under price action.

I will protect at least 250 Pips on this Trade! Nice LONG!

GBP/USD

Members Only

USD/JPY

Members Only

AUD/USD

Members Only

S&P 500

Partial Report/Full Report For Members Only

We are now in a Daily Chart SHORT.

Looking For a Reason To Correct And Go LONG!

Seems Like More Of An Expected Consolidation.

It was just time to move in the other direction to test some fib levels.

We are  bouncing between the 1,008.00 area and the 1,110.00 area.

BULLS:

We still must rise above 1,140.00 area to regain enough strength to challenge 1,218.00

BEARS:

If we drop below the 1,008.00 area then 944.28 could come into play.

COMPQX

Members Only

DJ-30

Members Only

RUT-X

Members Only

$ This is only a partial report $ Complete Report For Members Only $

NEVER CHASE PRICE! A NEW TRAIN IS JUST DOWN THE TRACK!

Protect Profits! Look For Overdone Areas! Possible Entry’s Risk vs Reward.

I Love An Entry With A Tight Stop! Just On The Other Side Of A Big Barrier!

In Adversity Run Like A Jack Rabbit! Keep Emotion Out Of The Picture!

If In doubt, Stay Away! Preserve & Protect Account!

This Is What I’m Doing! You Need To Think For Yourself!

P.S.

1.) TRADE LESS

2.) ONLY TRADE THE EASY TRADES

3.) KEEP MORE PIPS YOU EARNED!

Happy Trading!

EMIT