New Entries
New Entries, Nzd sell into 7865-70 orders, chf sell 11365-70 orders still there but will be second attempt at them so have caution, sell cad into 1.0165-70 orders. Targets later
Live Trade Calls for December 12, 2007
I would like to recap what we did on the last live trade call and give you the criteria for two possible trades tomorrow. The last trade call I sent out covered the UK Trade Balance report this morning. For the Trade Balance report, we were looking to long the GBP/USD if the report came…
Post- Fomc
As expected, with the FOMC a nonevent, NZD hit first target 7747-7750 in quick time. Next watching 7725-28 then 7708-10, if those levels open up will hold for bigger move
Clearing Chf
Clearing quick chf trade from 11365 area at 11343 as can not monitor next couple hrs. If hold suggest lock at breakeven.
CHF
Took the chf trade on the approach to 11365-70 orders, but light and will be out quick with it. Stops adjusted to a break of 11408 on a position sell becuase of potential volatile action today. But as intraday trade looking for a quick 20.
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CHF
Took the chf trade on the approach to 11365-70 orders, but light and will be out quick with it. Stops adjusted to a break of 11408 on a position sell becuase of potential volatile action today. But as intraday trade looking for a quick 20.
Pre-fomc
If locked in the chf trade at breakeven and let it go, up over 100 pips so advise to definitely lock in some profit. As have a sell level at 11365-70 with a 11390 stop. Had other levels that paid out overnight but didnt take them as made decision to stay out except to carry…
Up to 200 Pips on Friday / Live Trade Call for December 11, 2007
CANADIAN JOB REPORT PROVIDES TRADERS WITH UP TO 150 PIPS OF PROFIT / BANK FLOW TRADES PROVIDE 50 PIPS I wanted to recap what we did on the last live trade call and give you the criteria for a possible trade tomorrow. The last trade calls I sent out covered the Canadian Labor Change report…
Sydney Update
Aud trade from friday gave 50-80 pips depending on entry. Took another 15 pips on aud sell in early new york with chf trade giving 40 pips. Carrying nzd sell over at .7800. No more trading till post fomc unless opportunity comes along that cant pass up.
Weekly outlook for majors
General Market Comments Last week we got a split decision from our friends on the other side of the pond. The BOE cut rates as expected but the ECB decided not to. No major surprise in either case. At this point we feel that the ECB has now backed itself into a corner where the…
Clearing Chf
Making short day on clearing chf trades from 11230-40 zone which gave 35-40 pips, can lock it in and let it go if like but just dont want position into fomc so taking it and doing one more rolling into nzd sell at 7790-7800
Taking limits off
Will enter trades manually as risk for spike off of data so waiting for that on the chf, aud taking profit because of spike risk.