Update for an update

Update

• EURUSD: (short 3 lots) Closed +70 pips profit due to fishnetting on the daily. There will be more opportunities to trade, so I'm not too worried. Our system said to get out, so instead of not leaving the trade much room to move about (i.e. moving stops to BE and letting it ride), I took my profits. I'll keep an eye on it and see if taking profit with one or two lots and keeping the stop at BE would have been a better idea.
  

Update for 20080213

Current positions

• EURUSD: (short 3 lots) profit at +72. Daily stochs are starting to fishnet, and my profit is less than 100 pips, so I might exit the position later tonight. I can't remember what I told myself I would do so I'm just going to look it up when I get home.

New positions

• None

Pairs to watch

• Nothing looking that great
  

Update for 20080212

Preface

• Intraday update because I've been busy lately!

Current positions

• EURUSD: (short 3 lots) profit at a measly +47, but stops are at breakeven. Might see a bounce off of the weekly pivot in my favor.

New positions

• None recently, but maybe tonight.

Pairs to watch

• Nothing really, the weekly either is conflicting with the daily or fishnets still everywhere.
  

Update for 20080208

Current positions

• EURUSD: (short 3 lots) profit at +130. Had a pullback to 50% of the previous bar today, but closed lower. Also an inside bar, so hopefully we'll see a breakout to the downside sunday/monday. Gonna go ahead and move my stops to BE on Sunday, and follow the mantra "never let a winner turn into a loser"

New positions

• Waiting for sunday, but I don't think there will be any.

Pairs to watch

• Still watching for that double bottom on the cable.
  

Update for 20080207

Current positions

• EURUSD: (short 3 lots) profit at +153. I'll move my stop to BE if we see another profitable day tomorrow.

New positions

• None

Pairs to watch

• Double bottom forming on GBPUSD?
  

Update for 20080206

Current positions

• EURUSD: (short 3 lots) profit at +23p. Still looking good on this pair after a slow day.

New positions

• None

Pairs to watch

• All fishnets. Staying out for now.
  

Update for 20080205

Current positions

• USDCHF: stopped out for +400p profit. Had a huge bullish bar today that hit my stop at 1.1000 for profit.

New positions

• Short EURUSD 3 lots at 1.4646. Weekly stochs are headed down, daily stochs broke the 76.4 level, and we saw resistance at 1.4950 a few days ago, so I'm bearish.
  

Pairs to watch

• A whole lot of fishnets out there recently, don't get caught!
  

Update for 20080201

Current positions

• USDCHF: (short 1 lot) profit at +505. Had a bullish outside bar today, could see a move up to my stop, or it could have just been people covering their shorts for the week. I'm still hanging on to my last lot with my stop at 1.1000. If we head on down, we're going into uncharted territory. Could be exciting! Also, if we see another bar to the upside, 14 period stoch will break the 23.6 level, but since this is my last lot, my money management rules tell me to trail it until it gets stopped out; however, if it were my first or second lot to exit, I would exit. Hope that makes sense.
  

New positions

• GBPUSD crossed down the 76.4 level, but weekly stochs are pointing up looking to break out of oversold, so I won't be taking this trade. It very well could continue to go down after that huge bearish bar, but I won't be in on it with this system.
• None other than that.

Pairs to watch

• EURUSD short if stochs break the 76.4 level and price can't break through the 1.4900 resistance.
• AUDUSD looks pretty flat
• No telling what USDCAD will do.