Wednesday, November 12, 2008

Update

Just my luck, gbpchf kept going! ahh well, can't win em all.

Cable now making it's money on two positions. Pos 1 is +600 and pos 2 +200 if 1.5250 goes we should be in clover for a while. stops moved to 1.5890 and a 500 pip trailing stop activated.

usdjpy isnt doing what i expect tho still hanging onto it - at the mo going from plus to minus hourly but still biased shorty. in fact i like it a lot so still chance to get in if you arent - stop is moved to 99.60

Swissy (usdchf) kicked in and is now long for small + numbers, stop remains at same level of 1.1670

New trade short audusd at 6562 stop at 7060 - that will make or break today or tomorrow.

that's enough trades in but for info a few 'fool me' trades are starting to setup. usdcad looks a good candidate - first a lift to a lower high, then a drop to 1.1300 to pull the suckers in short and go long at that level - classic 'fool me' trade if the lower high forms. there are quite a few of these setting up at the mo.

That's it for now, good luck!

Results +956 Pips since Oct 23rd 2008.

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