Support/Resistance & Trend Lines

[prabhukingfisher]

good ...

 

[FXAJ]

Open Positions
Long GBP/USD half position from 1.5550, stop @ 1.5750
Long GBP/USD half position from 1.5850, stop @ 1.5850

Orders
EUR/USD
Sell @ 1.3110 (upward trendline, 30/06+13/07+21/07), 60 pip stop

USD/JPY
Buy @ 87.25, (downward trendline, 21/06+14/07+27/07), 40 pip stop
Sell @ 87.90, (resistance line), 60 pip stop

GBP/USD
Sell @ 1.5800, (sharp upward trendline, 22/07+30/07), 70 pip stop

 

[FXAJ]

GBP/USD 1.5850 stopped at 1.5849

 

[FXAJ]

Open Positions
Long GBP/USD half position from 1.5550, stop @ 1.5750

Orders
EUR/USD
Sell @ 1.3140 (upward trendline, 30/06+13/07+21/07), 60 pip stop

USD/JPY
Buy @ 87.15, (downward trendline, 21/06+14/07+27/07), 40 pip stop
Sell @ 87.90, (resistance line), 60 pip stop

GBP/USD
Sell @ 1.5840, (sharp upward trendline, 22/07+30/07), 70 pip stop

 

[FXAJ]

Sold GBP/USD @ 1.5840

 

[FXAJ]

GBP/USD stopped at 1.5908

 

[FXAJ]

Sunday Order - 08/08/2010

Open Positions
Long GBP/USD half position from 1.5550, stop @ 1.5800

Orders
EUR/USD
Sell @ 1.3175 (upward trendline, 30/06+13/07+21/07), 60 pip stop

USD/JPY
Sell @ 87.90, (resistance line), 60 pip stop
Buy @ 86.90, (downward trendline, 21/06+14/07+27/07), 40 pip stop
Buy @ 85.90, (downward trendline, 28/07+05/08), 40 pip stop

GBP/USD
Sell @ 1.5910, (sharp upward trendline, 22/07+30/07), 70 pip stop

 

[FXAJ]

Long JPY from 85.90
Short GBP from 1.5910

 

[FXAJ]

Travelling this week so journal will be a little choppy!

I'll bring the EUR/USD resistance line @ 1.3080 into play.
Long EUR/USD @ 1.3120, 75 pip stop
Short EUR/USD @ 1.3045, 75 pip stop

Adjust sell from 1.3175 to 1.3205

USD/JPY adjust buy from 86.90 to 86.80

 

[FXAJ]

EUR/USD short from 1.3205 and long from 1.3120.

USD/JPY stopped @ 85.64.

Both EUR and GBP shorts hit their 1R targets. I'll tighten stops ahead of FOMC -
GBP 1.5835
EUR 1.3190

 

[FXAJ]

USD/JPY adjust buy from 86.80 to 86.70

 

[FXAJ]

EUR long hit 1R target stop now at BE on remaining half.

 

[FXAJ]

EUR long stopped at BE this morning.

EUR now short again from 1.3045

 

[FXAJ]

forgot to mention EUR and GBP shorts from Monday were stopped at the adjusted levels by the spike yesterday.

 

[FXAJ]

New orders - I'll buy cable @ 1.5550 (resistance line) 100 pip stop. I'll also sell @ 1.5450 100 pip stop

 

[FXAJ]

EUR hit R1 so half off and stop to BE

 

[FXAJ]

Stop moved to 1.2970 on eur short from 1.3045

 

[FXAJ]

I'll move my stop on EUR to 1.2865. We're brushing up against the 38.2 and could see a retracement going into CPI & retail sales this afternoon.

 

[FXAJ]

All orders pulled until Sunday.

 

[FXAJ]

Open Positions
Short EUR/USD half position from 1.3045, stop @ 1.2865

Orders
EUR/USD
Sell @ 1.2710, (upward trendline, 07/06+30/06), 60 pip stop
Buy @ 1.2530, (support line), 75 pip stop

USD/JPY
Buy @ 88.50, (resistance line break),
Sell @ 87.90, (resistance line), 60 pip stop
Buy @ 86.30, (downward trendline, 21/06+14/07+27/07), 40 pip stop

GBP/USD
Buy @ 1.5550, (support line), 100 pip stop
Sell @ 1.5525, (upward trendline, 08/06+12/07+21/07), 70 pip stop
Sell @ 1.5450, (support line break), 100 pip stop

Reminder - all orders have a half position TP @ 1R and trailing stops to BE.