GBPUSD 4-20-07

4-20-07

GBPUSD

There was a long trade entered in the GBPUSD yesterday on the pullback to 1.9986. A partial profit will be taken at 200.80. Move the stop loss on the balance of the position to 2.0009.

EURUSD 4-20-07

4-20-07

EURUSD

There was no entry in the last 2 days in the EURUSD. I will buy the first pullback to 1.3620 if this 60 minute candle closes above 1.3620.

USDJPY 4-20-07

4-20-07

USDJPY

The last trade in the USDJPY was a long trade at 1.1859 that was partially exited at 1.1882 and then stopped out at entry. I will short 1.1956 for the top of the range and I will buy a pullback to 1.1800 for the bottom of the range.

USDCHF 4-20-07

4-20-07

USDCHF

There were no trades in the USDCHF in the last 2 days. I will trade the 1.2002 to 1.2078 range for today.

USDJPY 4-18-07

4-18-07

USDJPY

There was a long trade entered yesterday afternoon in the USDJPY at 1.1859. A partial profit will be taken at 1.1882 and the stop loss will be moved to entry on the remainder of the position. If the USDJPY reaches the 1.1925 area, sell another contract and move the stop to 1.1869.

USDCHF 4-18-07

4-18-07

USDCHF

The long trade from Friday's entry of 1.2085 was exited at 1.2109 yesterday morning. There was a long trade entered on the pullback to 1.2080 with a buy stop on the spike down to 1.2064. That trade was exited at 1.2090 with a 10 pip trailing stop. The USDCHF then sold down to the 1.2060 area. There are no fresh areas of demand until the USDCHF reaches the 1.1950 area, so the support areas will be speed bumps. I will short the first time back to 1.2105.

GBPUSD 4-18-07

4-18-07

GBPUSD

There was no trade entered in the GBPUSD yesterday. I will buy a pullback to 1.9987 for my next GBPUSD trade.

EURUSD 4-18-07

4-18-07

EURUSD

There was no trade entered in the EURUSD yesterday. I will buy a pullback to 1.3548 for my next EURUSD trade.

GBPUSD 4-17-07

4-17-07

GBPUSD

There were no trades entered in the GBPUSD yesterday. The GBPUSD never reached the 1.9831 entry price. The GBPUSD touched $2.00 this morning. It may base near this level for a move higher. If the GBPUSD rallies past 1.9985 and a 60 minute candle closes above 1.9985, then I will buy the first pullback to 1.9985.

EURUSD 4-17-07

4-17-07

EURUSD

The long trade from Friday's entry at 1.3494 was closed yesterday at 1.3527. I will buy a spike down to 1.3467 using a buy stop for my next long EURUSD trade.

USDJPY 4-17-07

4-17-07

USDJPY

There were no trades entered in the USDJPY yesterday. I will trade the 1.1860 to 1.1955 range for today.

USDCHF 4-17-07

4-17-07

USDCHF

If you are still long the USDCHF from the 1.2085 entry, move the stop loss to 1.2109 to lock in a profit on the balance of the position. If you are flat, buy the first pullback to 1.2080 using a buy stop to enter once the USDCHF trades below 1.2080.

USDJPY 4-15-07

4-15-07

USDJPY

There were no trades in the USDJPY on Friday. The USDJPY never reached the 1.1800 long entry price and it ran past the 1.1900 short entry price. My next trade in USDJPY will be a long entry at 1.1860.

USDCHF 4-15-07

4-15-07

USDCHF

There was a long trade entered in the USDCHF at 1.2085 on Friday. A partial exit was taken at 1.2160. Move the stop loss to entry on the balance of the position. If the USDCHF rallies past 1.2160, move the stop loss to 1.2139.

EURUSD 4-15-07

4-15-07

EURUSD

There were 2 long trades entered in the EURUSD on Friday. Early on Friday morning, the EURUSD rallied past 1.3515 and pulled back for a long entry. The trade was exited at 1.3530 with a 10 pip trailing stop. The EURUSD spiked down to the 1.3494 support area later in the day for a second trade. This trade is currently open. If the EURUSD rallies past 1.3540, move the stop loss to 1.3527.

GBPUSD 4-15-07

4-15-07

GBPUSD

There was a long trade entered in the GBPUSD on Friday at 1.9826 that was stopped out with a 10 pip loss. The GBPUSD spiked down to the 1.9800 area of demand and then rallied. I will buy a pullback to 1.9831 for my next GBPUSD long trade.