EURUSD 2-16-07

2-16-07

EURUSD

If you are still long from 1.2967, move the stop loss to 1.3080.

GBPUSD 2-16-07

2-16-07

GBPUSD

The GBPUSD bounced up from the long entry at 1.9558 yesterday, to a high of 1.9611, and then sold off to a low of 1.9500. I will trade the 1.9475 to 1.9561 range for today.

USDJPY 2-16-07

2-16-07

USDJPY

The USDJPY dropped below the weekly low of 1.1966 without triggering a long entry. I will trade the 1.1900 to 1.2100 weekly range.

USDCHF 2-16-07

2-16-07

USDCHF

If you are still short the USDCHF from 1.2536, close the trade. The USDCHF is setting up for a breakout this morning on the 60 minute chart above 1.2351. It should stall at 1.2378 and then re-test 1.2351. It should then trade in a range between 1.2350 and 1.2380. I may buy the first pullback to 1.2350 in case the current sell off is done.

EURUSD 2-15-07

2-15-07

EURUSD

If you are long from 1.2967, move the stop loss to 1.3074.

GBPUSD 2-15-07

2-15-07

GBPUSD

The range for today in GBPUSD is 1.9558 for a long and 1.9666 for a short.

USDJPY 2-15-07

2-15-07

USDJPY

The long trade at 1.2070 was stopped out for a 10 pip loss. The weekly area of demand is 1.1966 for a long entry. The 1.2076 area is where I would short.

USDCHF 2-15-07

2-15-07

USDCHF

If you are still short from 1.2536, move the stop loss to 1.2420.

EURUSD 2-14-07

2-14-07

EURUSD

If you are long from 1.2967, move the stop loss to 1.3024.

GBPUSD 2-14-07

2-14-07

GBPUSD

Buy the first pullback to 1.9523 in GBPUSD. The target is 1.9572.

USDJPY 2-14-07

2-14-07

USDJPY

Let the range open on USDJPY today. I will buy the first pullback to 1.2070.

USDCHF 2-14-07

2-14-07

USDCHF

If you are short from 1.2536, move the stop loss to 1.2481.

EURUSD 2-13-07

2-13-07

EURUSD

If you have not covered the short trade from 1.3033, cover it. I will trade the 1.2967 to 1.3033 range for today.

GBPUSD 2-13-07

2-13-07

GBPUSD

The pullback long trade to 1.9480 was entered on Sunday and exited at 1.9520 and 1.9550. The short trade at 1.9572 was not triggered. I will trade the 1.9475 to 1.9575 range for today in the GBPUSD.

USDCHF 2-13-07

2-13-07

USDCHF

If you were not stopped out of the USDCHF long trade from 1.2475, the 1.2536 target was reached and the long trade should be closed. If you are short from 1.2536, take a partial profit at 1.2500 and move your stop to entry. The next target is 1.2480.

USDJPY 2-13-07

2-13-07

USDJPY

The short trade at 1.2187 in the USDJPY was entered and stopped out for a 10 pip loss. The down move is underway this morning. I will trade the 1.2114 to 1.2184 range for today.

USDJPY 2-11-07

2-11-07

USDJPY

The USDJPY pulled back to the 1.2110 area on Friday morning and then moved higher for the rest of the day. It never reached the 1.2187 area for the short trade. Use a sell stop at 1.2186 to enter the short trade once the USDJPY trades above 1.2195. The first target is 1.2150. Move the stop loss to entry once the first target is reached.

USDCHF 2-11-07

2-11-07

USDCHF

The USDCHF hit both ends of the 1.2474 to 1.2518 trading range on Friday. If you are long from 1.2475, use a 10 pip initial stop until the USDCHF reaches 1.2503, and a 20 pip trailing stop after that. The area of supply at 1.2536 is the next target.

GBPUSD 2-11-07

2-11-07

GBPUSD

The GBPUSD sold off on Friday morning to a low of 1.9454. It reached the 1.9488 entry and bounced to 1.9518 twice before selling off to the day's low. I will buy the first pullback to 1.9480 with a first target of 1.9520 once the moving average on the 60 minute chart reaches the 1.9500 area. The second target is 1.9570 to reverse to a short.

EURUSD 2-11-07

2-11-07

EURUSD

The EURUSD sold off on Friday and reached the 1.2992 area for a long trade. The target is 1.3034 to exit and reverse to a short.