EU was close manually after the rapid decline at 4pm. 1st mistake, the SL should have been move to CS tail at 4h. 2nd mistake, when the post was close manually, there was actually a Stop awaiting at BE, the result, I have opened 0.2 lot short for EU now!!
SwissYen hit the SL again!!!suspected a pips hunt as it stop at my SL before again it moves down by 100+ pips
EJ saw a potential upside move, entered on 0.2 lots, however the moves fails as post were close after the 15M SCO at 166.89.
Lastly entered 1 lots for Cable after its strong moves on news release. Post was entered at 1.9682 which is at Fib 0.382 with SL at 1.9665. R2 turns support is at 1.9672. This should hold till the 8.30 US news.
Thursday, June 19, 2008
Wednesday, June 18, 2008
What a nice day!
EU retracing back to its support late into London session. Reenter 1 lot at 1.5493 after the 15M completeing its double bottom. TP was hit at pivot after the crude stockpile annoucement (dollar bearish). Left with partial lot to ride thru the waves. SL moves to BE. This morning the price make another attempt upwards testing its recent high at 1.5555.
Ohh..my SwissYen pair hit its SL drawing down loss of 55 pips. Fortunately this one was entered at 0.1lot hence lost was minimised. Will reenter this pair as the daily CS showed a lot of dojis.
Trend will be posted later in the afternoon
Ohh..my SwissYen pair hit its SL drawing down loss of 55 pips. Fortunately this one was entered at 0.1lot hence lost was minimised. Will reenter this pair as the daily CS showed a lot of dojis.
Trend will be posted later in the afternoon
2nd TP was hit at 1.5530. Hitting 45 pips. The total gain were 33 pips. Not bad for an afternoon work.
As expected the Euro reverse and nose dive again towards the S1.
Enter EuroYen instead, at the same set up at 167.65. For Eurodollar, will wait for another sign to present itself...
SwissYen still riding its wave down after entering at 103.65.
As expected the Euro reverse and nose dive again towards the S1.
Enter EuroYen instead, at the same set up at 167.65. For Eurodollar, will wait for another sign to present itself...
SwissYen still riding its wave down after entering at 103.65.
Tuesday, June 17, 2008
EurUsd
Entered long again at 1.5485 with SL at 1.5470. First TP will be at Daily Pivot and 2nd TP at Day High.
Signal at 5M was confirmed by tweezer bottom at 15M at 1530hrs GMT+8.
disclaimer
The information contained herein has been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. Any views expressed may change without notice.
This document is provided to you for information purposes only and may not be reproduced, distributed or published by any recipient for any purpose.
Entered long again at 1.5485 with SL at 1.5470. First TP will be at Daily Pivot and 2nd TP at Day High.
Signal at 5M was confirmed by tweezer bottom at 15M at 1530hrs GMT+8.
disclaimer
The information contained herein has been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. Any views expressed may change without notice.
This document is provided to you for information purposes only and may not be reproduced, distributed or published by any recipient for any purpose.
Go Euro Go
Me sticking to the Euro trade for now. Lets see where it will stops. Eyeing for R1 at 1.5554. A mammoth task one might say.
Cable is facing great pressure lately. The MPC MoM and Govt King speak might move it. Expecting cableswissy to retrace for few pips during Asia Open.
The EuroYen currently moving sideways. Long at 167.48. SOC if 15M at .35 fails
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