Monday, April 26, 2010

Monday 26 April

Greece is still weighing very heavily on Eur this morning but everywhere else is risk on so far!
Update: Greek Govt bonds / Bunds spread reach new 12 year high at 612bps ... risk off again!

EURGBP short 0.8660 stop 0.8675 PT 0.86 
GBPJPY long 1.4530 stop 1.4495 target 150.70
CHFJPY short 87.70 stop 87.85 target 87
CRUDE JUN short 85.40 stop 85.80 PT 83.30
GBPJPY closed 1.4560 - not doing what I expected (+0.85R)
EURGBP short closed 50% @3R 86.15 (+1.5R)
EURUSD (Fri) short closed 50% @1.33 - 50fib retrace (+2.25)
EURUSD balance stopped out (-0.5R)
CHFJPY closed 50% @3R (+1.5R)
CRUDE Jun closed 50% @ 3R 84.20 (+1.5R)
Asian session:
AUDJPY short 86.90 stop 87.20 target 85.60 - daily shooting star
GBPJPY short 145.10 stop 145.50 target 142.50 countertrend

Open trades:
EURUSD short 136.30 stop 1.3655 - 1/2
CRUDE short 85.98 stop 86.40 - 1/4
CRUDE JUN short 85.40 stop 85.80 - 1/2
GOLD short 1156 stop 1160
CHFJPY short 87.70 stop 87.85 - 1/2

3 comments:

  1. hi Nic
    GGPJPY long and CHFJPY short is long GBPCHF, but I see u have changed your mind on GBPJPY, although when USDJPY has finished testing around 94 and cable finds a way thru 155 at the same time the action should be hectic on GBPJPY

    Larry

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  2. Hi Larry, you are right!
    I had a little theory one or the other would work, and the one that worked would make double what the one that lost did. So far its just choppy with the Greece stuff and I thought better of it.

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  3. I took the trade on audjpy as well and was lucky to get in at your price, and TP at 85.53, thanks a lot it made up for a very crappy spec trade that got stopped out on gbpjpy long.

    Larry

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