Euro 1-4th Sept. ’09

02/09/09  Short 1.4233, closed 1.4229   (+4)  +0.08%.

Short 1.4203, closed 1.4253  (-50) -1%

07/09/09  Short 1.4342, closed 1.4440  (-98) -2%.

Euro 31 Aug ’09

Short  1.4338, stop 1.4410, RL1.5

EDIT: 01/09/09  closed at 1.4335  (+3) +0.05%

Short 1.4250, stop 1.4300, RL1.5, Closed at 1.4209   (+41)  +1.23%.

Long 1.4207, stop 1.4157, RL1.0, Closed at 1.4231  (+24)  +0.48%

Forex Trades 17 Aug – 31 Aug ’09

19/08/09  Short EurUSD 1.4215, closed 1.4270  (-55) -1%

21/08/09  Short USDChf 1.0612, closed 1.0581 (+31) +0.62%

21/08/09  Short EurUSD 1.4317, closed 1.4370 (-53)  -1%

21/08/09  Short USDChf 1.0557, closed 1.0589 (-32) -1.28%

21/08/09  Short EurUSD 1.4325, closed 1.4326 (-1) -0.02%

21/08/09  Short EurUSD 1.4325, closed 1.4324 (+1) +0.02%

24/08/09  Short EurUSD 1.4305, closed 1.4304 (+1) +0.02%

25/08/09 Short EurUSD 1.4347, closed 1.4340 (+7) +0.07%

25/08/09 Short EurUSD 1.4330, closed 1.4329 (+1) +0.01%

26/08/09 Short EurUSD 1.4266, closed 1.4265 (+1) +0.01%

27/08/09 Short EurUSD 1.4252, closed 1.4350 (-98) -0.98%

28/08/09 Short EurUSD 1.4335, closed 1.4363 (-28) -0.56%

28/08/09 Long EurUSD 1.4362, closed 1.4300 (-62) -1.24%

31/08/09 Short EurUSD 1.4266, closed 1.4310 (-44) -0.88%

Euro Trades 3 Aug – 14 Aug ’09

Currently busy with Architecture work, so have not been posting trades, here is the catch up and its not good.

03.08.09  Short 1.4410 , closed 1.4409  (+1)  +0.02%

04.08.09  Long 1.4423, closed 1.43600  (-63)  -1.26%

05.08.09  Long 1.4373, closed 1.4375  (+2)  +0.04%

06.08.09 Short 1.4389, closed 1.4372  (+19)  +0.38%

06.08.09  Short 1.4371, closed 1.3272  (+1)  +0.02%

06.08.09  Long 1.4359, closed 1.4303  (-56)  -0.56%

07.08.09  Short 1.4351, closed 1.4390  (-39)  -0.78%

07.08.09  Long 1.4382, closed 1.4304  (-78) -1.56%

07.08.09 Short 1.4312, closed 1.4354  (-42)  -0.845

07.08.09  Long 1.4353, closed 1.4290  (-63) -1.26%

07.08.09  Short 1.4200, closed 1.4148  (+52) +3.12%

12.08.09 Short  1.4198, closed 1.4195  (+3) +0.06%

12.08.09 Short 1.4195, closed 1.4236  (-41) – 0.41%

13.08.09  Long 1.4241, closed 1.4254  (+13) +0.26%

13.08.09 Short 1.4281, closed 1.4300 (-19) -0.38%

13.08.09 Short 1.4275, stop 1.4325, RL1.0.

EDIT:  17.08.09 stop moved 1.4275.

EDIT:  19.08.09  closed at 1.4219  (+56)  + 1.12%.

Far out was expecting one more leg down, then bang it jumped up in under an hour, gave up 170 pts or +3%.

Euro 30 July ’09

Long 1.4074, stop 1.4030, move to BE 1.4100, RL0.5.

Either we are at the bottom of a expanding triangle and are headed much higher toward 1.4700, or in a correction with a leg lower to come. Taking the long option as the 4hr is oversold, and a pull back toward 1.4110 at minimum is expected, hourly TL resistance has been broken. Will reverse if proven wrong.

EDIT:  Closed at 1.4057 (-17)  -0.19%.

EDIT:  9:00  Short 1.4045, stop 1.4110, RL0.5,  Closed at 1.4085 (-40)  -0.30%.

EDIT:  11:30  Long 1.4084, stop 1.3990, RL0.5, Closed at 1.4055 (-29)  -0.15%.

EDIT:  14:45  Short  1.4029, stop 1.4110, RL0.5, Closed at 1.4046 (-17)  -0.10%.

EDIT:  15:30  Long 1.4055, stop 1.4010, RL0.5, Closed at 1.4100 (+45) +0.50%.

Euro 29 July ’09

Short 1.4132, stop 1.4200, move to BE 1.4100, RL1.0.

Stop moved to 1.4131.

Adding to position short 1.4117, stop 1.4180, move to BE 1.4080, RL1.0.

EDIT:  21:30  stops moved to 1.4090, looking for one more leg down.

EDIT:  30/06/09 Closed both trades at 1.4067   (+65)  + 0.95%  (+50) +0.79%.

Euro Trades 24 -28 July ’09

Have been unable to post trades for the past week, and the results have been terrible.  The past week was spent testing a few changes to my strategy in relation to ranging markets, stupidly on occasion I took trades without fully analysing the market, and before I had finished testing. My risk management has also been terrible, emotions not numbers.

24/07/09  Short 1.4189, stop 1.4230, RL 1.0  - Closed at 1.4214  (-25) – 0.5%.

26/7/09  Long 1.4215, stop 1.4180, RL 1.0  - Stop hit at 1.4180  (-35)  -1.0%.

27/7/09  Short 1.4261, stop 1.4300, RL1.0  - Closed at 1.4224 (+37)  +1.0%.

27/7/09  Long 1.4220, stop 1.4190, RL1.0 –  Stop hit at 1.4225 (+5)  +0.16%.

28/7/09  Long 1.4274, stop 1.4200, RL1.5 – Stop hit at 1.4200  (-74) -1.5%.

28/7/09  Long 1.4194, stop 1.4150, RL1.0 – Stop hit at 1.4150 (-44) -1.0%.

28/7/09  Long 1.4158, stop 1.4120, RL1.0 – Stop hit at 1.4141  (-17) -0.44%.

Euro 23 July ’09

Long 1.4250, stop 1.4180, move to BE 1.4290, RL1.5.

Eventually this range will be broken, and again the stock market is leading the way, when it breaks it will be fast. I am still in amazement with the strength of equities, on the back of sketchy fundamentals.

EDIT:  21:00   The euro moved up to my break even target, but unfortunately I was away, by the time I was back in front of the machine, price had started to fall.

Stop hit at 1.4180  (-70)  -1.5%.

Crazy day up 60 down 80 up 100 down 170 in under 24 hrs.

Euro 22 July ’09

The short side is being supported at around 1.4180, and the upside resistance is near 1.4250. With US stock market looking like more upside and the high correlation between the two, I have to swing back to the upside. In the last few hours there has been a quick spike down, followed by a rebound. Going Long using the bottom of the spike for my stop.

Long 1.4223, stop 1.4150, move to BE at 1.4265, RL1.5.

EDIT:  20:00  stop hit at 1.4225  (+2)  +0.04%.

Euro 21 July ’09

Long 1.4225, stop 1.4175, move to BE 1.4260, RL1.0.

Equity futures are pointing higher again and the euro has been following the the US stock market lately. The move from yesterdays high is messy indicating a corrective move. If resistance at 1.4250 can be exceeded, a fast move will probably occur toward the june highs and on toward the dec ’08 high.

EDIT:  15:00 stop hit at 1.4230   (+5)  +0.1%.

Quick spike up 40-50 pts, looks like the bulls have run out of steam, looking to short against spike (4280), if price move below short term TL’s.

EDIT:  17:00 short 1.4205, stop 1.4280, move to BE 1.4160, RL1.5.

EDIT:  18:00 stop moved to 1.4205. Stop hit Break Even.

Short 1.4180, stop 1.4280, move to BE 1.4140, RL1.0.

EDIT:  Closed at  1.4221 (-41)  -0.41%.