Tuesday, February 9, 2010

Tuesday 09 Feb 10

First there is a bailout for Greece, then there isn't!  I'm still selling the rips.

CRUDE short 7217 stop 7267, initial target 70
CRUDE closed 7242, no momentum (-0.5R)
CRUDE short 72.70 stop 73.20 off 50fib retracement
CRUDE stopped out (-1.0R)
EURUSD short 138.30 stop 13845 (half size addition)
CABLE short 1.5712 stop 1.5732 (half size addition)
USDCHF long 1.0650 stop 1.0622 target 1.10
CRUDE short 73.61 stop 74.21 (third time lucky)
AUDUSD short 0.8780 stop 0.8818 (addition)

Open positions tonight (all 1/2 positions except gold which is a 1/4 positions):
CABLE short 1.5955 stop 1.6005
AUDUSD short 0.8874 stop 0.8904
EURUSD short 1.3934 stop 1.3962
USDCAD long 1.0605 stop 1.0575
GOLD short 1111 stop 1118.5
AUDJPY short 79.66 stop 80.06

1 comment:

  1. Another change again! http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/7199625/Germany-backs-Greek-bail-out-as-EU-creates-economic-government.html

    Interesting reading to what exposure Germany has with other EU countries.

    ReplyDelete