Tuesday, July 28, 2009

Tuesday 29 July

I got the direction wrong last night ... USDCAD has made new lows, AUDUSD has broken out of its range, and the others could follow.
Dollar index has broken support and made a new low.
US equities have not rallied (yet) so that correlation is not working but they may well follow the money.

USDCAD stopped out balance (-0.5%)
Crude stopped out of balance (+0.5%)
GBPJPY stopped out balance (-0.5%)
EURUSD stopped out balance of Friday trade (-0.5%)
NZDUSD stopped out Friday trade (-1%)
Never never never give up.

Crude short 68.76, stop 68.96, target 65.00, dbl top
GBPJPY short 156.30, stop 156.64, DIBS
USDCAD long 1.07733, stop 1.07745
NZDUSD short 0.6610 stop 0.6635
Crude 50% banked @3xR 68.06 (+1.5%)
USDCAD long 1.0795, stop 1.0780 (addition)
EURUSD short 1.4220, stop 1.4250 DIBS (cats ears formation)
USDCAD banked 50% of 1st trade @3xR 1.0857 (+1.5%)
GBPJPY banked 50% @3xR 155.28 (+1.5%)
USDCAD banked 50% of addition @ 1.0840 (+1.5%)
USDCAD banked balance of addition @1.0840 (+1.5%)

Still short half positions Crude, GBPJPY & short full positions EURUSD & NZDUSD. Long half position USDCAD.
For the day +5.5%

Late additions:
GBPUSD short 1.6450, stop 1.6480, target 1.6330
EURJPY short 134.20, stop 134.50, target 132.00

No comments:

Post a Comment