Custom Search

Wednesday, May 16, 2007

Got caught up and didn't post the other day.

Also mucked with the method used on the Alligator indicator keeping in mind that I offset when the 5 day hits the price line.

---------------

EUR/USD - Changed Alligator method to exponential and it is still intertwined. Leaving alone.

USD/JPY -

Changed Alligator method to exponential.

It is indicating an uptrend. The 5 day crossed the price line and back again on 5/10, indicating the long started again. So. I'm entering a bit late.

Entered long at 120.82, stop 119.63.

GBP/USD -

Changed Alligator method to exponential.

Moved stop -- short 1.9797, stop 1.9932.

EUR/JPY -

Changed Alligator method to smoothed.

This too is giving signs of a long. I just don't like how close the 5 day is to the 8 day. Leaving alone for now.

USD/CHF -

Changed Alligator method to simple.

I was right to stay out. There was a pullback by the end of the 5/14 bar and the 5 day crossed the priceline and then back over.

Entered long at 1.2229, stop 1.2088.

EUR/CHF -

Changed Alligator method to smoothed.

This is acting like USD/CHF. As I'm playing with a new method of entering, I'm not going to enter too many similar pairs.

AUD/USD - Changed Alligator method to simple and it is still intertwined. Leaving alone.

USD/CAD -

Changed Alligator method to simple.

5 and 8 day lines are still intertwined. Leaving alone.

EUR/GBP -

Changed Alligator method to smoothed.

Entered long at 0.6849, stop 0.6808.