Monday, June 29, 2009

USD/CHF on deck, 106.5 level

Closed USD/JPY early for +10 points.

Frustrated seeing the action two hours after closing.

G/U short still on, added another 1/4 size short at 1.66

GBP/USD Short 1.656 1/4 size

Looking for a move down, nice resistance range here...equities to fall tomorrow?

Small trade, wide stops, looking for 80-100 points. Not sure if I'll add if we move higher, would rather avoid that as it wasn't fun last week with the EUR/USD situation.

Short USD/JPY 106.05

1/2 size trade, looking for a move back down. I like these descending triangle plays and will see if we can get this to head back to test the bottom. Stops above recent highs 106.6

EUR/USD -55 on 1/2 size

USD/CAD for a long bounce 1.145