Thursday, September 10, 2009

Thursday 10 September

Lots of news today ... BoE, UK house prices, USD and CAD trade balances, CAD rate statement, USD employment, crude inventories and Opec meeting.
The indices look strong, the Dax has rallied 20 points in the last hour before the open.
I am tempted to short Crude at this 72.35 level

GBPCHF short 1.7198, stop 1.7219 - DIBS & break of 1.72 level
CRUDE short 72.33, stop 72.54, poss dbl top
GBPCHF stopped out (-1.0%)
GBPCHF (Tues) banked 50% @3xR 1.7195 (+1.5%)
GOLD short 994.50, stop 997.50
AUDUSD short 0.8595, stop 0.8615 target 0.8470
CRUDE banked 50% @3xR 71.70 (+1.5%)
GOLD banked 50% @3xR 988.55 (+1.5%)
GBPCHF (Tues) stopped out balance 1.7315 (-0.5%)
GBPCHF (Mon) stopped out balance 1.7325 (+0.5%)
GBPCHF short 1.7322, stop 1.7370, 1hr IB
AUDUSD stopped out (-1.0%)
GOLD stopped out of balance (-0.5%)

+2% today
Open positions:
GBPCHF short 1.7638 and 1.7322
USDJPY short 93.30
CRUDE short 72.33

Beachtrader - more food porn for you, scroll down: http://cougartrades.blogspot.com/2009/09/away.html

Dollar index weekly support - the USD could have a bounce here.

2 comments:

  1. I don't get the gold trade...

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  2. Gold - Hourly chart, lower highs and lower lows. Rejection of the 1000 level last night, and theis morning rejection off the old upper resistance line once it got back beneath it.
    I will post a chart in a mo.
    Nic

    ReplyDelete