Update for 20080109

Current positions

• EURUSD: (long 2 lots) profit at +185. I closed out one lot of the trade because the 14 period stochastic closed below the 76.4 level. The profit for that one lot was +188. My stops are at breakeven for the other two.
  
• USDCHF: (short 3 lots) profit at +238, probably exiting one lot tomorrow.

New positions

• None

Pairs to watch

• EURCHF
• USDJPY long won't be taken because the daily trend is down.
  

Update for 20080108

So I had typed up an update for the 8th, forgot to post it, hung out with my girlfriend, and came back to a rebooted computer this morning. Oh well, wasn't much anyway.

Update for 20080107

Current positions

• EURUSD: (long) profit at +197.
• USDCHF: (short) profit at +221.

New positions

• None

Pairs to watch

• EURCHF
  

Update for 20080106

Current positions:

• EURUSD: (long) profit at +265, few pips gap up. New stochastics levels for tonight are fishnetting in the overbought, but we'll have to see how the bar ends tomorrow evening.
• USDCHF: (short) profit at +327, few pips gap down. This pair is strongly inversly correlated to the euro right now, so same thing goes.

New positions:

• None

Pairs to watch:

• Not much trying to peek out right now. Euro crosses, maybe GU, UJ sometime soon.

Thoughts:

• I think I might start trying to trade the GBPJPY off of weekly charts instead of daily charts, as the dailies are really erratic. Kind of like the 4h on any of the pairs I trade daily.
  

Update for 20080104

Current positions:

• AUDUSD: (long) closed with -9p profit. Fishnetting on the daily, and I'm not going to wait to see what Sunday brings, because I'm pretty sure you can't undo that kind of fishnetting overnight. I closed out all of my position because I was breakeven on the trade. Had I been up 100p or so, I would have only closed out one lot and moved stops to breakeven.
• EURUSD: (long) profit sitting at +258.
• USDCHF: (short) profit sitting at +314.

New positions:

• Wait for Sunday!

Pairs to watch:

• I think everything in oversold is going to stay there for a while.
  

Update for 20080103

Current positions:

• AUDUSD: (long) profit at +74. Gave up some of yesterday's gains today, and we'll have to see if stochs are all still pointing up at the end of tomorrow. If they are I'll hold on, if they aren't, I'll probably exit my whole position in this pair if it starts to go south.
• EURUSD: (long) profit at +258. Stochs starting to consolidate, even though ST ones "broke the wall." I'm hanging on since they're all still pointing up and in overbought. Moved my SL to breakeven.
  
• USDCHF: (short) profit at +281. ST stochs have converged with the 14, LT stochs look to be headed that way as well. Everything is in oversold. Might have a nice rope formed tomorrow. Moved my stop to breakeven as well on this pair.

New positions:

• None.

Pairs to watch:

• Pound might turn around in its pairs
• EURCHF to go long
  
• EURJPY to go long
• USDJPY is anyone's guess
  

Update for 20080102

Current positions:

• USDCAD: closed with +187p profit. Call me a chicken, but weekly stochs were fishnetting (short term stochs pointing down, but I don't know if that's a good thing or not yet), we had seen a bounce off of a 38.2 fib level from the latest uptrend (brown in pic), and daily stochs crossed up 23.6 level. I wish I had entered with 3 lots instead of 1. I would have taken profit with one lot and moved stop to breakeven on the other two. It looks like this might be the end of the current mini-uptrend, because of a bounce off of a fib level in the pic (green level). Finally, excuse the messy charts and the late entry (this was one of my first, check the archives).
• AUDUSD: (long) profit sitting at +114. This is a trade I entered with 2 lots on, so I will be able to exit one at the first exit sign and then move stops to breakeven for the second. Testing breaking of some highs in early December. Short term stochs are fishnetting in themselves, but everything is still pointed up, so I'm going to stay long.
• EURUSD: (long) profit sitting at +237. Chart is almost a mirror image of the aussie since December. ST stochs are getting a little mixed up in the rope, but I'm hanging on at least until the end of the next bar, and even then, I'll be banking one lot and moving the stop for the other two to breakeven.
• USDCHF: (short) profit sitting at +209. This chart is seriously an inverse of the euro chart.

New positions:

• None.

Pairs to watch:

• Nothing really...the shorts I didn't take on GBPCHF and USDJPY looking pretty healthy though. Oh well! Maybe some kind of trend reversal going on there.

Images: