November, 2009


29
Nov 09

EUR/USD Looking for Longs 11/29/09

Update: Removing If then OCO order NO Trade

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Play of the Week

Be sure to check out the Cashmechanics.com website for updates. On the Home page, look under “What’s New”, Play of the Week.

EUR/USD -  To consolidate with bias skewed higher

Technicals:

Momentum bias - looking for longs at 1.4953.

Play of the Week:

I am looking to go long at: 1.4953 area. 

If filled, my protective stop is 1.4863

My profit target is 1.5103

Risk =  90 pips   Reward = 150 pips

(disclaimer: this trade is for educational purposes only and is NOT in any way trading advice.  There is extremely high risk in currency trading.  Please consult your financial professional before considering this type of risk) 

Best regards,

Pat Arcadipane

 Chief Executive Manager

Cashmechanics.com


22
Nov 09

EUR/USD Looking For Shorts 11/22/09

Update: Stopped out -90 pips

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Get cash back when you trade.  CLICK HERE

Play of the Week

Be sure to check out the Cashmechanics.com website for updates. On the Home page, look under “What’s New”, Play of the Week.

EUR/USD -  To rangebound with bias skewed lower

Technicals:

Momentum bias - looking for shorts at 1.4891. This is a 50% retrace of a move from 1.4990 high to low of 1.4801

Play of the Week:

I am looking to go short at: 1.4891 area. 

If filled, my protective stop is 1.4981

My profit target is 1.4745

Risk =  90 pips   Reward = 146 pips

(disclaimer: this trade is for educational purposes only and is NOT in any way trading advice.  There is extremely high risk in currency trading.  Please consult your financial professional before considering this type of risk) 

 Best regards,

 Pat Arcadipane

Chief Executive Manager

Cashmechanics.com


15
Nov 09

EUR/USD Looking for Longs 11/15/09

Update:11/16/09 Removing the order to buy Eur/Usd, no trade 12:24 PM

Get cash back when you trade.  CLICK HERE

Play of the Week

EUR/USD -  To consolidate with bias skewed higher

Technicals:

Momentum bias - looking for longs at 1.4878.  This is a 50% retrace of the move made on Friday

Play of the Week:

I am looking to go long at: 1.4878 area. 

If filled, my protective stop is 1.4790

My profit target is 1.5028

Risk =  88 pips   Reward = 150 pips

 

(disclaimer: this trade is for educational purposes only and is NOT in any way trading advice.  There is extremely high risk in currency trading.  Please consult your financial professional before considering this type of risk) 

Best regards,

 Pat Arcadipane


8
Nov 09

EUR/USD Looking For Longs 11/08/09

Update: Removing the order to buy Eur/Usd, no trade

Cashmechanics.comtm

Get cash back when you trade.  CLICK HERE 

 Play of the Week

EUR/USD -  To rangebound with bias skewed higher

 Technicals:

Momentum bias - looking for longs at 1.4833. This is a 38.2% retrace of a move from 1.4702 low to high of 1.4917

Play of the Week:

I am looking to go long at: 1.4833 area. 

If filled, my protective stop is 1.4750

My profit target is 1.4983

Risk =  83 pips   Reward = 150 pips

 

(disclaimer: this trade is for educational purposes only and is NOT in any way trading advice.  There is extremely high risk in currency trading.  Please consult your financial professional before considering this type of risk) 

Best regards,

Pat Arcadipane

Chief Executive Manager

Cashmechanics.com


1
Nov 09

EUR/USD looking for Short 11/1/09

Update: Taken out of position at 1.4771, 1 Pip Profit

UPDATE: After a Significant move lower in Euro over night Moving Stop Loss to break even price +1 @ 1.4771

Cashmechanics.comtm

Get cash back when you trade.  CLICK HERE 

Play of the Week:

I am looking to go short at: 1.4772 area. 

If filled, my protective stop is 1.4865

My profit target is 1.4620

Risk = 93 pips   Reward = 152 pips

 

(disclaimer: this trade is for educational purposes only and is NOT in any way trading advice.  There is extremely high risk in currency trading.  Please consult your financial professional before considering this type of risk) 

Best regards,

Pat Arcadipane

Chief Executive Manager

Cashmechanics.com