Monday 02 November 2009

Lots of PMI data this morning but the big news comes later in the week.  Seems very quiet after the big moves in Asia overnight and I am expecting some retracements after the big moves on Friday, but looking for some breakouts.
I am riding out the retraces with my shorts in crude, EURJPY, GBPJPY and AUDJPY.

AUDUSD short 0.9028 stop 0.9048 trendine break
GBPUSD short 1.6445 stop 1.6480 hourly trendline break
AUDUSD stopped out (-1.0%)
GBPUSD banked 50% @3xR 1.6355 (+1.5%)
GBPJPY short 148 stop 148.35 - addition
EURJPY short 133.25 stop 133.45 addition 50fib retrace
USDJPY short 90.00 stop 90.15 - 1hr trendline break
GBPJPY banked 50% @3xR 146.95 (+1.5%)
CRUDE short 77.95 stop 78.30 - addition
CRUDE banked 50% @3xR 76.95 (+1.5%)
GBPUSD short 1.6337 stop 1.6372 - addition, 1hr trendline break
GBPUSD addition stopped out (-1.0%)
GBPJPY addition balance stopped out (+1.0%)
USDJPY stopped out (-1.0%)
EURJPY stopped out (-1.0%)
CRUDE addition balance stopped out (-0.5%)
The ISM numbers that were slightly better than expected ate all my stops ... :(
USDCHF long 1.0190 stop 1.0170, hourly IB off the lows
CRUDE short 78.40, stop 78.75, rejection of 50fib last swing
CRUDE addition banked 50% @3xR 77.35 (+1.5%)
CRUDE addition balance closed 77.55 (+1.21%)
GBPUSD closed 1.640 (+0.64%)
USDCHF long banked 50% @3xR 1.0250 (+1.5%)

Open positions:
CRUDE short 80.85 stop 81.15 (1/2)
EURUSD short 1.4980 stop 1.5010 (1/2)
AUDCAD short 0.9820 stop 0.9845 (1/2)
AUDJPY short 83.81 stop 84.21
EURJPY short 135.70 stop 136.10
GBPJPY short 149.90 stop 150.30
USDCHF long 1.0190 stop 1.0170