Monday, July 27, 2009

Monday 26 July

Starting weekly breakout strategy ... Two new trades:
GBPJPY short 155.30, stop 156.05 (4hr candle break)- addition
EURJPY short 134.30, stop 135.05 (4hr candle break)- addition

I saw USDCAD had spiked at market open and was just sitting there so I banked half..


USDCAD - banked half @ 6xR 1.1120 (+3%)
EURJPY & GBPJPY stopped out of additions (-2.0%)
Cable stopped out of Fridays trade (-1%)
EURJPY stopped out of balance of Fridays trade (-0.5%)
Cable short 1.6470, stop 1.6495, 50% retrace of 1hr marabuzo
Crude short 68.68, stop 68.98
Cable stopped out (-1%)
Cable short 1.6496, stop 1.6518, 1st target 1.6385
GBPCHF stopped on balance of fridays trade 1.7654 (+0.5%)
Crude banked 50% @3xR 67.78 (+1.5%)
EURJPY short 135.51, stop 135.79, target 133.50 (1/2 pos)
GBPJPY short 156.95, stop 1.5735, target 155.00 (1/2 pos)
Cable stopped out (-1%)
EURJPY stopped out (-0.5%)

Total for day -1%

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