Thursday, October 27, 2005

1.7900 touched

Gbp/usd touched 1.7900 today but then retraced fast. Would like to see another up move and will then start taking profit.

Tuesday, October 25, 2005

6 in a row

6 Gbp/Usd longs - 3 hour chart

1.7800 broken

Another gbp/usd long @ 1.7818. Average price now 1.7698.

Long gbp/usd

Long gbp/usd @1.7790. 5 long positions. Average price 1.7662.
1.7800 was broken by few pips. Went long on a retracement. Sitting at small loss at the moment.
Let's see if break of 1.7800 will be confirmed.

Thursday, October 20, 2005

Long again

Long gbp/usd @1.7690.
Now I have 4 long positions. Average price 1.7622.
No s/l set at the moment but it's on a "daily close basis" - if it will close below 1.7600 I'll close manually.

Adding longs

Another small long gbp/usd @1.7633.

Wednesday, October 19, 2005

Long gbp/usd

Long gbp/usd @1.7565 and 1.7601.

Thursday, October 13, 2005

Closing eur/usd

Closed remaining position @1.1983 (+126 pips).
Now will wait for news to see new direction. Right now price is just sitting here for hours.

Tuesday, October 11, 2005

Closing trade

Closed 2nd position @1.1992 (+92).
Leaving first one open but moving stop to 1.2080.

Monday, October 10, 2005

Short eur/usd

Downtrend continues. Short from 1.2109 and 1.2084.

Friday, October 07, 2005

Closing trades

NFP -35k (consensus -150k). Closed both trades @1.2121 for miniscule profit.

Long eur/usd

Went long after Initial Claims @1.2072 and when 1.2100 was broken added @1.2114. Then closed platform. I see now it went above 1.2200. Up 300 pips in 2 days. Hindsight: Could have taken quick 100+ pips because we're still in downtrend on a daily chart.
Well I'm long now waiting for NFP. Don't see much point in taking less than 100 pips profit.

Wednesday, October 05, 2005

Below 1.2000

1.2000 was broken and strong downtrend continues. But momentum is fading a little. We have NFP on Friday and since I missed good entry price I'm staying out.