Tuesday, September 29, 2009

On the watch for EU longs...

1.452-1.45 or the 50% fib. 61% fib or 1.445 would be great as well.

Sunday, September 27, 2009

EUR/USD Short

Got short a little EUR/USD, playing the gap, wide stop, playing a possible H&S if we get up there. Short at 1.472.

Friday, September 25, 2009

My original USD/CAD sell was stopped out for -50. I re-entered, closed for +35. Closed EUR/USD long off 1.463 for +35.

Thursday, September 24, 2009

Watch List

USD/CAD 1.11 for a sell, trip top

EUR/USD 1.451-1.45, 50% fib, S&R, 1.445-1.443 is next

USD/CAD Sell 1.09

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Friday, September 18, 2009

1.472 short was stopped for -30.

Shorted from 1.475, closed for +25.

Overall, a breakeven week.

Wednesday, September 16, 2009

Short EUR/USD

1.472, looking to see a large move off this 1.472-3 figure. We spiked through...now just waiting to see this fail.

Stops are tight, just above 1.475 as I want to avoid any large spike outs or breakouts to the north.

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Missed

EUR/USD 1.472 (actually only reached about 1.4715) and then missed the bounce at 1.465 twice.

:)

Tuesday, September 15, 2009

Tried another EUR/USD short

at 1.463, wasn't believing the rally and was looking for further movement downward. Sold right into a solid breakout and was stopped for -25 points.

Not a biggy, now watching 1.472-3 for a nice weekly level short.

Monday, September 14, 2009

E/U short closed for +27

Eur/usd short 1.463, looking for a rangy day and a return back below 1.46. Stops above recent highs of 1.4645
Sent via BlackBerry by AT&T

Sunday, September 13, 2009

EUR/USD levels coming up

1.447, 1.44 for longs. 1.447 is 38% fib, 1.44 is 50% fib

However, after touching 1.452, we may continue upwards...

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Thursday, September 10, 2009

Hit a nice short,

selling into the buyers playing a false breakout on EUR/USD at 1.4606, closed for +20

With UK markets closed and US equities botching around, I don't think the EUR/USD is going to make a full breakout in today's session.

This trade should continue downward from here, awaiting UK session for direction.

Missed my USD/CAD

watch around 108.7, 50% fib and previous S&R. Looks good for at least 60 points so far this morning.

Closed my USD/CHF short for +40.

Right now, I'm waiting for direction. Looks like chop for the most part. Will be looking for levels that may setup tonight during the UK session.

Wednesday, September 9, 2009

Longed USD/CHF 104.15, watching EUR/USD 146.3

USD/CHF is at weekly support @ 1.14-1.135.

EUR/USD is coming into a resistance range. I have 1.463 marked as 61% fib and an S&R point on the weekly charts. Price may reverse now or keep moving up a little above the number before reversing. I'm long on USD/CHF now and stops are wide enough to allow some volatility...EUR/USD I'll remain patient on in case we get a higher move and will then short accordingly.

Thursday, September 3, 2009

Things are shaping up...

...I look forward to posting regularly again sometime soon.

For some quality reading in the mean time, check out this trader's blog:

http://interceptorfx.blog.co.uk/

Interceptor, a member of the forums at www.forexfactory.com, trades in similar fashion to me (S&R). He uses wider stops than I typically do but his trades are spot on.