Site Meter The Lawyer Trader: January 2012

Friday, January 20, 2012

St. Lucia: Pics from my recent trip

One of the best stops on the cruise that my wife and I recently took was St. Lucia.  This is a beautiful little island that is a rainforest mountain rising out of bright blue water.  It's a place that my wife and I are considering buying a vacation home/villa at.  Here's a couple of pics.



Have a great Friday.  I'm planning on posting an overall market recap this weekend.

TLT

Wednesday, January 18, 2012

LIve Trade: Opening Range BreakOut in the Eur/Usd

I've got a position on in the Eur/Usd today.  So far, it is working out to be a potentially good opening range break out trade.  I've put on 2 units of the trade and am trailing one unit with an ATR stop.  Here's a screen shot of three charts:

Notice that I'm looking at the S&P (via SPY) and the VIX in addition to the Eur/Usd.  It is important to see that SPY is above it's opening range and the internals are bullish (as indicated by the green painted bars on the spy chart).  The VIX is pulling in too..so along with spy and internals, it shows that the markets are all working together which gives the trade a higher probability of being successful.  At this point there's not much to do but wait for pull backs to add to the position and/or get out once price action starts tripping sell signals.

Hope everyone's having a great day.

TLT

Wednesday, January 11, 2012

Got a Sell Signal on the Euro this Morning

Building a short in the Euro/Usd, beginning with a fresh sell signal that occurred this morning. 

I hope everyone's off to a great start for the new year..let's make it a good one.

TLT