Wednesday, October 12, 2005

12/10/05

The CAD trade turned out be a head fake and I turned out to be headed for the place where the majority of top and bottom callers go... the history books ;o)

Anyway I took 20 at 1.800, then got stopped out for the rest at 1.1785

+25

Cable today:

Short at 1.7417, got out at 1.7414

+3

Then long cable at 1.7445, and took profit at the pivot at 1.7472. Missed the intial run up by leaving the room for 5 minutes...

+27

Now short the CAD at 1.1740 SL 1.1761 - as I write this it's trying to take out my stop and has so far missed it by a pip.

edit: stopped out

-21

Long EURJPY 137.30 SL 137.10. 1st TP 137.50, 2nd TP 138.00

edit: 1st TP hit - moved stop to 137.25, just under 3 day pivot range as this has bounced off the 50% fib, broken the 4HR TL north and MACD and ADX are confirming a change in trend on 30 min chart (strong) and just confirmed on 1Hr chart.

+20

Short CAD again at 1.1747. SL1.1768. 1st TP 1.1727


// posted by Magpie @ 10:49 pm
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