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Hi Gary
I tend to agree with you.
I monitor only price action and leave the other indicators behind.
I think Cocoa, Yen and ausi dollar is heading south.
I'm short 1700 calls on Cocoa.
Good luck
Regards
Trevor De Vries
> -----Original Message-----
> From: khanitha [SMTP:charlie@xxxxxxxxxx]
> Sent: Monday, August 03, 1998 10:02 AM
> To: RealTraders Discussion Group
> Subject: enjoying the ride down in the yen
>
> Hi realtraders,
>
> it's 9:55 pm in hawaii, 230am in chicago, i was just watching the yen on
> globex. we have been hitting new lows down about 50 as we speak. the
> "weekly" chart, and stochastics looks great. it appears my "anticipating
> the anticipated anticipation" on stochastics and the triangle a few days
> ago is slowly starting to pay off. I guess i have to wait until i wake up
> to see how cocoa fairs. i'm still short with a 1575 stop.
> Again, this has all been NOT hindsight. Just my common sense observations
> of BASIC chart and stochastic stuff..........why give your self a headache
> with a million other systems and gadgets....
> we will see if i am ultimately right over the next few weeks....
> happy trading...
> comments welcome......
> gary
> hawaii
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