Trades Update: 3:37pm pst eur: Sell 2 ml 1.27669 ~ Sell 2 ml 1.30863 gbp: Sell 2 ml 1.48318 ~ Sell 2 ml 1.51824 > aud: Sell 2 ml 0.91975 C 0.90678 $259.40 ~ Buy 0.90688 > nzd: Sell 2 ml 0.78516 C 0.77897 $123.80 ~ Buy 0.77918 > cad: Sell 2 ml 1.03870 > chf: Sell 2 ml 0.94576 > jpy: Sell 2 ml 99.278
for Tuesday July 16/13 ~ 5:30pm pst Currencies: anytime between now and the Wednesday testimony I may close all positions, I'm expecting the $ to drop some more eur: Sell 2 ml 1.27669 Sell 2 ml 1.30863 C 1.30423 $88.00 > hedge Buy 2 ml 1.30441 gbp: Sell 2 ml 1.48318 Sell 2 ml 1.51824 C 1.50914 $182.00 > hedge Buy 2 ml 1.50936 aud: Buy 0.90688 nzd: Buy 0.77918 cad: Sell 2 ml 1.03870 chf: Sell 2 ml 0.94576 jpy: Sell 2 ml 99.278 es: Sell 1678 .................. gc: Sell same cl: Buy same, still a lot of upside available ng: Sell same ................. notes:
'if in doubt stay out' ~ otherwise good trading to you for Wednesday July 17/13 ~ 3:48pm pst Currencies: closed and opened new trades. may close them before going to bed or probably in the morning eur: Sell 2 ml 1.27669 ~ Sell 2 ml 1.30863 C 1.30423 $88.00 Buy 1.30441 C 1.31213 $154.40 > Sell 1.31549 gbp: Sell 2 ml 1.48318 ~ Sell 2 ml 1.51824 C 1.50914 $182.00 Buy 1.50905 C 1.50888 (-$3.40) > Sell 2 ml 1.51482 aud: Sell 2 ml 0.91975 C 0.90678 $259.40 Buy 2 ml 0.90688 C 0.92150 $292.40 > Sell 2 ml 0.92472 nzd: Sell 2 ml 0.78516 C 0.77897 $123.80 Buy 2 ml 0.77918 C 0.78652 $146.80 >Sell 2 ml 0.78853 cad: Sell 2 ml 1.03870 chf: Sell 2 ml 0.94576 jpy: Sell 2 ml 99.278 es: Sell 1678 C 1667 $546.48 net will Sell again later .................. gc: Sell same cl: Buy same, could be topping or resting till after Dr B ng: Sell same ................. notes: getting hotter
for Thursday July 18/13 ~ 3:30pm pst Currencies: not settled yet and might not be till next week eur Sell 1.31549 C 1.31289 $52.00 Sell 1.31612 1.30934 $89.40 gbp Sell 2 ml 1.51482 C 1.5219 (-$141.60 ) Sell 2 ml 1.52501 C 1.5179 $142.20 aud Sell 2 ml 0.92472 C 0.91995 $95.40 nzd Sell 2 ml 0.78853 C0.78533 $64.00 cad: Sell 2 ml 1.03870 C 1.03712 $30.47 chf: Sell 2 ml 0.94576 C 0.93784 $168.90 jpy: Sell 2 ml 99.278 C 99.188 $18.15 aud Buy 0.92038 eur may Buy later gbd Buy 1.51807 nzd Buy 0.78890 cad may Sell later chf may Sell later jpy may Sell later es: may Sell later. looks like it could be going to drop but looks are deceiving .................. gc: Sell same break or bounce 1251 cl: Buy same gotta break out and up ng: Sell same justa hangin in there but . . . ................. notes: humidity, wind, cooler. not only do they ride up a mountain, they ride up it twice Stage 18 Gap / Alpe-d'Huez 172.5KM
Tuesday seems to be lighting up for Friday July 19/13 ~ 3:28pm pst Currencies: still processing, Tuesday ? aud Buy 2ml 0.92038 C 0.92258 $44.00 ~ maybe Sell eur may Buy 2 ml 1.30826 gbd Buy 2 ml 1.51807 C 1.52096 $57.80 Buy 2 ml 1.51901 nzd Buy 2 ml 0.78890 C 0.78999 $21.80 ~ maybe Sell Buy 2 ml 0.78722 C 0.78848 $25.20 cad Sell 2 ml 1.04161 chf Sell 2 ml 0.94574 jpy Sell 2ml 100.265 C 100.376 (-$22.12) es: expecting a bit more downside. a top may be in but a reversal formation may start and last till Tuesday so a Buy may be entered today es:Sell 1687 C 1680 $346.48 tot: $892.96 .................. gc: Sell same break or bounce 1251 cl: Buy same more upside expected ng: Buy the 3.58 level held and the rally's first target is 4.08 ................. notes: Frenchman Christophe Riblon won yesterday's Stage 18 on the anniversary date of Le Tour 100
aud eur Buy 2 ml 1.30826 C 1.31097 $54.20 eur Buy 8 ml (2 hedge 6 margin) 1.30965 C 1.31467 $401.60 gbd Buy 2 ml 1.51901 C 1.52213 $62.40 gbp Buy 8 ml (2 hedge 6 margin) 1.52083 C 1.52744 $528.80 nzd cad Sell 2 ml 1.04161 C 1.03662 $96.27 chf Sell 2 ml 0.94574 C 0.94130 $94.34 jpy Sell 2 ml 100.479 C 99.927 $110.48 Trading Margin ROI ~ Wk 7: trades Monday July 15 to Friday July 19 Close includes closed and current open trades, adjusted running profit or loss . . . . . . . . . . . . . profit / loss . . . . roi % . . . initial margin fx pairs: . . . . . . . $6,782.21 . . . . 260.78 . . . . $2,600.68 for Monday July 22/13 ~ 1:45pm pst Currencies: the $ is probably going to continue down for another 2 weeks, break the 82 level and hit 81.5 , putting us into August. however, the previous drop from 84.60 took the price down to around 80.70 in a similar period of time, so it's possible the price could also drop that low and as quickly aud Sell eur short term Sell, then Buy gbd Sell - 1.5170 ? 1.51 ??? then Buy nzd Sell cad Sell chf Sell jpy toughie, bucking the trends, 101.37 again ? but a Sell es: my suspicion there'll be a downleg correction remains and is linked to Tuesday as the day to be aware of. correction formation don't have to be symmetrical so this leg can be higher, likewise it doesn't mean the downleg will drop to 1555 again for the es, probably wouldn't. the alternate is the price continues to rally into September and the possible qe change es: cautious Buy es: Buy 1676 C 1680 $196.48 ~ es: Sell 1680 C 1677.50 $121.48 current profit / loss: $1407.40 .................. gc: long term, Sell. looks like it's going for the 1320s cl: Buy see if it cracks 110.55 next H would be 114.83 , could run into August ng: may have topped - Sell ................. notes: c'est fini
Tuesday - Wednesday caution ? for lack of a better word for Tuesday July 23/13 ~ 4:01pm pst forgotten about these trades until last Friday when I updated the roi, losses included the trades could have remained open until the $ turned, but the losses which would have kept increasing reduces the amount of trading margin available, so Cd 'em jul 9 eur Sell 2 ml 1.27669 C 1.31437 (-$753.60) jul 9 gbp Sell 2 ml 1.48318 C 1.52650 (-$866.40) didn't think till after, should have just traded the gbp jul 22 eur Sell 6ml 1.31619 C 1.31437 $109.20 jul 22 gbd Sell 8ml 1.52922 C 1.52650 $217.60 jul 22 eur Buy 6 ml 1.31462 C 1.32084 $373.20 jul 22 gbd Buy 8 ml 1.52657 C 1.53706 $839.20 Currencies: have increased the ml quantity of the eur and gbp as these have the largest $ value. will probably enter new trades during the session aud Sell - oops ! - BUY 2 ml eur Sell 4 ml 1.31972 C 1.31836 $54.40 eur Buy 4 ml 1.31835 gbd Sell 5 ml 1.53699 C 1.53520 $89.50 gbd Buy 5 ml 1.53583 nzd Sell - oops ! - BUY 2 ml 0.79659 cad Sell 2 ml chf Sell 2 ml jpy Sell 2 ml 99.558 es: target price 1700 , although still thinking about correction es: cautious Buy .................. gc: long term, Sell. Buy looks like it's going for 1392/1414 cl: Buy - top or correcting ? ng: Sell correcting and still on the way down ................. notes: what baby ?
EUs flashes including one US for Wednesday July 24/13 ~ 5:10pm pst aud Sell 2 ml 0.92713 C 0.92371 $68.40 eur Buy 4 ml 1.31835 C 1.32159 $129.60 gbd Buy 5 ml 1.53583 C 1.53700 $58.50 gbd Sell 5 ml 1.53711 C 1.53325 $193.00 gbd Buy 5 ml 1.53313 C 1.53891 $289.00 cad Sell 2 ml 1.03342 C 1.02884 $89.03 Currencies: $'s D has hit the 50 correction level so if it has an up day, no surprise eh but could drop later aud 2 ml Buy has to break 0.9344 to continue higher, otherwise Sell eur 4 ml could correct, 1.3163 ? C down day ? watch out for flashes start at 3am est and 2 min early releases, as is the * US PMI at 9am est gbd 5 ml similar to eur, hit 61 retrace C below, higher ? nzd Buy 2 ml 0.79659 looking for 0.8100 cad 2 ml may close up chf Sell 2 ml 0.93585 on a fibo but will keep the trade jpy Sell 2 ml 99.558 on a fibo but will keep the trade es: could base then run up again to the 1691 level, start a sideways correction that forms a right shoulder of an H&S, that might start to drop in the eu session, or, run up to 1691 but soon after start down, or the price could continue to drop. * see eur above es:jul 23: Sell 2 1694.50 C $1687.00 $742.96 Sell 2 1691.50 .................. gc: long term Sell. Buy, same cl: Buy, same ng: Sell, same ................. notes: getting hotter
Claims, maybe down a bit for Thursday July 25/13 ~ 3:42pm pst eur Sell 8 ml 1.32365 C 1.31811 $443.20 gbp Sell 8 ml 1.53653 C 1.52945 $566.40 nzd Buy 2 ml 0.79659 C 0.79992 $66.60 nzd Sell 2 ml 0.80003 C 0.79400 $120.60 chf Sell 2 ml 0.93585 C 0.93534 $10.91 jpy Sell 2 ml 99.558 C 99.656 (-$19.67) jpy Buy 2ml 99.655 C 100.278 $124.25 Currencies: $'s had it's run-up but I don't expect it to stay up, maybe a late turn down aud: it's been a Sell but held a 61 , not sure if it'll drop or rally, bias Sell eur: expecting one more run, maybe a new high, maybe just a reversal formation > > eur: Sell 1 Lot 1.32003 gbp: hanging between fibo levels, will wait for confirmation before entering a trade but Sell biased nzd: maybe doing a reversal but still looking up cad: could turn down from here, Sell ? chf: up to 0.9405 again ? then a Sell ? jpy: still rising, a Sell but not yet es: the price dropped to an intermediate fibo's 61 and rallied to its 38 from my 'correction pov' there should be more downside which could begin anytime from now or the next 4H bar. Dow a bit different could go to 1551 implying the es to around 1686 before a drop is begun, but higher than those numbers negates a Sell Sell 2 1691.50 C 1687 $442.96 Sell 4 1692.50 C 1683 $1885.92 Sell 4 1685 C 1677.50 $1485.92 Buy 4 1678 C 1681.50 $685.92 Sell 4 1681.50 C 1679 $485.92 Buy 8 1681.50 C 1684 $971.84 .................. gc: long term Sell. could be a profit taking correction, resting on a 50 cl: may have topped, could have a reversal up correction, otherwise a Sell ng: Sell, same ................. notes: slightly hotter
for Friday July 26/13 ~ 3:20pm pst changes: will concentrate on trading the eur and gbp but not the other pairs, but will continue with B/S analysis of them. the exception would be if I believed there was a major trend change I might enter a trade, depending on what the eur and gbp were doing at the time and margin available moved to L - lots Currencies: the $'s broken thru the 50 and continuing it's way Down eur Buy 1 Lot 1.32215 C 1.32859 $644.00 gbd Buy 1 Lot 1.53143 C 1.54189 $1,046.00 eur: as yesterday, may come off to 1.3259 area, still a Buy - later > eur Sell 1 Lot 1.32003 posted in error, no trade entered gbp: Buy - already ? .................. aud: changing the bias to Buy and looking for 0.9512 nzd: still looking up, Buy cad: Sell chf: Sell jpy: Sell .................. es: I don't expect the price to continue higher, I believe the top is in and the correction has begun, it's all Down from here, of course I could be wrong so I'll keep a close watch on my Sell Sell 10 1685.50 Sell 10 1683.25 C 1675.50 $3,839.80 Buy 10 1677.50 C 1683.75 $3,089.80 tot: $14,295.48 jul25 .................. gc: long term Sell. Buy back on, up and thru the 50 cl: bounced a long term ml and up, cautious Buy is back on ng: Sell, same, should break the 3.58 .................. notes: tgif, have a good one