Wednesday, September 16, 2009

Wednesday 16 September

I am watching crude to see what happens on this downtrending resistance line.






Dollar weakness is continuing and AUDUSD, EURUSD and USDCHF retesting the new highs/lows set yesterday and all set to make new ones.  December high of 1.4720 in EURUSD keeps me out.   Gold and commodities all on a rip.
Cable is a tempting short off 1.65 but the dollar weakness might keep me out.

USDCAD short 1.0709 stop 1.0727, target 1.0635
Aargh .. did I really just sell into that support.  I am a dingbat.
GBPCHF (20Aug trade) banked 25% @ 1.70 (+4.98%)
GBPCHF swap charges (-0.03%)
GBPUSD short 1.6475 stop 1.6505 target 1.63
GBPUSD stopped out (-1.0%)
GBPUSD short 1.6507 stop 1.6532, 1st target 1.63
USDCAD closed 1.0690 - bad trade into support (+1.05 %)
USDJPY (31Aug) closed 90.30 - bottom of channel (+3.0%)
GBPUSD banked 50% @3xR 1,6432 (+1.5%)
GBPJPY stopped out balance 150.15 (+1.0%)
GBPUSD stopped out balance (-0.5%)

+10% for the day
Open positions:
GBPCHF short 1.7638 (20Aug)
GBPAUD short 1.9280 (14Sep)


USDJPY daily chart:

2 comments:

  1. 10% return for a days work!
    Exceptional trading, and inspirational.
    Hope your dogs doing well.

    ReplyDelete
  2. Well done Nic, some excellent trades.

    ReplyDelete