Tuesday, August 18, 2009

Tuesday August 18

Turnaround Tuesday ... the day I find out if all my Monday trades are wrong. So far just looks like retracements but would not be the first Tuesday everything reversed on me and I am left going the wrong way.
I want to short NZDUSD or AUDUSD here, they are at those levels, a 4hr IB gets me in ... just waiting to see what is what and what UK news does to my short sterling trades.
Silver and Gold are setting up nicely too.
My Sydney long yen trades look ugly with USDJPY trading above Friday's close and the XXXJPY's having retraced all of yesterdays moves.

GBPCHF stopped out by UK news (-1.0%)
GBPUSD balance stopped out (-0.5%)
Silver short 14.115, stop 14.215
EURGBP short 85.80, stop 86.10, 1hr IB
EURUSD short 1.4106, stop 1.4151, 1hr IB
GBPJPY short 1.5618, stop 156.68
Crude short 68.95, stop 69.45
Crude stopped out (-1.0%) Bollox this trade was all wrong
GBPJPY stopped out (-1.0%)

Total -3.5%
Open positions:
EURAUD short 1.7218
EURGBP short 85.80
EURUSD short 1.4106
GOLD short 942.50
SILVER short 14.115
EURJPY short 134.05 - Sydney
CADJPY short 85.77 - Sydney
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Have just wasted too much time today giving baths to 3 naughty labradors sprayed by a skunk this morning. Will be a while before anyone has bedroom privileges around here. Skunk is no more. Back to trading.
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