Thursday, February 18, 2010

Thursday 18 February

I missed some obvious entries that met my rules yesterday while I messed about scalping crude.  I got up early and I'm not going to make the same mistake twice.
I am looking for a short entry on Cable hoping that the daily flag breaks and then a break of last weeks low.

CABLE short 1.5650 stop 1.5675, TP 1.5560 / 1.5275
AUDUSD short 0.8965 stop 0.8985 TP 88.50 / X
GBPJPY short 1.4220 stop 1.4260 TP 141.30 / X
GOLD short 1099.95 stop 1104.95 TP 1084.95 / X
CRUDE short 77.34 stop 77.59 TP 76.10 / X
USDCAD long 1.0478 stop 1.0460 TP 1.0580 / X
AUDJPY short 81.30 stop 81.65 DIBs TP 80.45 / X
EURUSD short 1.3555 stop 1.3570 TP 1.35 / X - retest of o'night low
AUDCAD short 0.9374 stop 0.9392 TP 93 - hourly bear flag
EURUSD stopped out (-1R)
EURAUD closed 1.5158 (+1R) - yesterdays trade
USDCAD stopped out (-1R)
GOLD stopped out (-1R)
CABLE banked 50% @3R 1.5575 (+1.5R)
AUDUSD closed BE
AUDJPY stopped out (-1R)
CRUDE closed 77.03 - will wait for US session open (+1.25R)
GBPJPY closed 50% @ 3R 141.00 (+1.5R)
GBPJPY balance closed 141.50 (+0.87R)
CRUDE short 79.00 stop 79.50 top of rising channel and 61.8fib
CRUDE stopped out (-1R)
Just cable left short.

Post Fed rate hike:
EURUSD short 1.3573  stop 1.3603
CRUDE short 79.13 stop 79.53


Cable daily chart:
Crude 4hr:

I am lucky to be up on the day, I traded really badly.

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