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Tuesday 15 June 2010

2010-06-15 23:55 GMT +1

EJ - turn down? If driven by JPY crosses - I will leave it, if by EUR itself, may be sign of massive move down [but not much hope for that anyway, at least this would be something worth trading]

CADJPY - there is significant rising potential, but I would not trade it on simple breakout, rather on some retracement, confluence with price action on other correlated crosses or whatsoever.

AUDUSD - my favourite puppy made it quite nicely, however I was targeting for longer move. For now I'm that certain that this pair will turn back on 0.8666, that I closed 3/4 of my position earlier, last quarter I will hold as my plan was to leave small part for 400 pips profit. I left quite wide SL on that and wait for re-entry possibilities.

2010-06-15 16:20 GMT +1

Risk appetite is a winner of last 4H candle, EU may gain another bunch of pips, but AUDUSD is my ultimate puppy on break of 0.86 up.
If this trade work out I want to leave part of it up to 0.9, yet I'm not going to trade anything else.

PS
As I'm writing this post last candle formed over an hour ago, and my AUD trade is already triggered yet not in profit.

15.06.2010 11:19 GMT +1

USDCAD - short below 1.0302 [mind double zero lvl]
CADJPY long above 88.82

June DOW futures - short below 10184 [especially if broken after NY open

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