Friday, July 28, 2006

EURUSD short @ top of channel may reverse
USDJPY long @ bottom of channel
CHFJPY long a bit early
EURAUD basing @ support. Early. Buy @ 1.6597
EURJPY long @ bottom of channel

How can the AU$ be strong against the US$ and ¥ but weak against the € ?

Equity:

SMH short: couldn't fill
BBH short: I don't have the heart
OIH short: I'm already playing XBT TC
MDY short

Thursday, July 27, 2006

Traders are made not born: click.

Wednesday, July 26, 2006

AAPL position running extremely well. A pullback at this point would be welcome to add on. Moving my stop to 61.97.

AUDJPY broke through my stop and kept running. This is a genuine breakout that I'd continue to short on fundamentals, but I'm compelled to go long on the technical strength. From dailypfennig.com:

The Australian Dollar rose to its weekly high overnight as speculation the central bank will raise interest rates next week pushed it up. The Aussie should continue to rally today as a report overnight showed consumer prices rose at the fastest pace in almost six years in the second quarter, breaching the central bank's inflation target. Annual inflation is now running at 4%, well above the 2 - 3% band Reserve Bank Governor Ian Macfarlane is ordered to keep it within.

I'll buy a 5 lots long, half of my short. Shorting 10 EURUSD as well.

Tuesday, July 25, 2006

Shorting 10 AUDJPY here. The ¥ is stronger than this price reflects. Over-bought weekly and daily charts.

Monday, July 24, 2006

Shorting 500 SPY here. We're right at the short point for a building pennant. If that breaks I'll reverse. Limit 126.01
From this morning's WSJ - Market's page:

Merger activity often acts as a catalyst for the broader stock market, as investors make bets on the prospects for other mergers. It also often demonstrates optimism about the businesses of companies being taken over.

Friday, July 21, 2006

Ascending reversals on the £ weekly:



Clear breakout continuing to run.

Wednesday, July 19, 2006

Went long on some out of the money xle puts: 06 Aug 55.00 (XBT TC-E) on kensey's advice. Insane phat profits on eurusd and gbpusd. The € never hit my limit. Keeping everything else open long with tighter stops. I like goog here too, but no open order.
Went long on some out of the money xle puts: 06 Aug 55.00 (XBT TC-E) on kensey's advice. Insane phat profits on eurusd and gbpusd. The € never hit my limit. Keeping everything else open long with tighter stops. I like goog here too, but no open order.

Tuesday, July 18, 2006

Closed up my EURUSD for GBPUSD long. Looks to be leading the reversal.
Nice hammer formed on SPY at end of day. Q's closed out. Should have known. Opened 500 BBH long and 500 OIH long.

Monday, July 17, 2006

Open:

  • 500 AAPL long
  • 500 QQQQ long
  • 500 GOLD long
  • 10 EURUSD

Panic over mid-east way overdone. Looking for buying opps. US$ strength part of that play. Don't understand the gold drop. Waiting for BBH entry.