Quick update.

Quick update of the couple of trades I posted here . NZD-JPY trade came to a conclusion on Friday. I sold it at 87.00 2 weeks ago, took prtial profits earlier in the week at 84.50 and closed on Friday at just above 83.00. Very good trade. Take a look.

http://img299.imageshack.us/img299/7539/nzdjpyeditedkn9.jpg

Trade from last update was long GBP-CAD. I got filled at 1.9666 with a target of 1.9845.

http://img246.imageshack.us/img246/2262/gbpcadio3.jpg

At this time I'm extending the profit target to 1.9880. So there you have it, more to come later.
Granicus

With the new year.

Quick review of last trade posted here. I sold NZD-JPY and a week later I'm still in it at about break even. Nothing unusual, that was expected. Here is the current chart

http://img339.imageshack.us/img339/4718/nzdjpy2pn7.jpg

(As always, click on the link to see the chart).

In the meantime, a new trade is emerging. Pair is GBP-CAD and I want to buy it. Entry price is 1.9666 and a target 1.9845. That's how it looks like right now

http://img165.imageshack.us/img165/6792/gbpcadeditedze0.jpg

I'm expecting big moves over next couple of weeks. Happy New Year!
Granicus

So, it worked at last.

For last couple of weeks I've been tracking NZD-CAD, looking for a move to a downside. The break was not happening, so kept moving my entry just under most recent low. Finaly the move came last Friday. It fast and furious. By that time my sell was at 0.7905, with a target of 0.7805. It was reached in a little over 2 hours. 100 pips.

http://img249.imageshack.us/img249/73/nzdcad3editedqm8.jpg

Most likely I'll be returning to this cross in not too distant future. For now however focus goes elswhere, CAD-CHF to be exact. My plan is to buy it at 1.1400 and trying to reach 1.1600, or 200 pips. Chances are it will take 2-3 weeks, but I like the set up here

http://img152.imageshack.us/img152/1748/cadchfeditedyx1.jpg

As always, click on the links to see the charts.
Now we sit and wait.
Granicus

Taking another shot.

My last entry dealt with a potential trade in NZD-CAD. Plan was to sell it at 0.7580 and ride it down to 0.7480. See previous post for the chart. Well, the trade didn't take place as NZD caught a second wind and continued higher.
Now a new set up has been created which looks promising. I have an order to sell NZD-CAD at 0.7755 with a profit target of 0.7655. I'm still looking to capture 100 pips for this move.

http://img412.imageshack.us/img412/4450/nzdcad2editedjz5.jpg

So here we are, trade is set and ready to go.
Granicus.

As alwyas, click on the link to see the chart.

Nice and easy.

The last entry contained a trade in AUD-CHF. I was going to buy 0.9700 but was filled at 0.9710. Position went through rather big pullback, so I decided to hold it longer. Insted of going for 0.9850 I waited a little longer and settled for 0.9900 or 190 pips. Good trade. Here it is.

http://img412.imageshack.us/img412/6892/audchfeditednn6.jpg

I'm looking at NZD-CAD now. Plan is to sell it at 0.7580 with a target of 0.7480. Not a large target but this set up is not meant for more.

http://img140.imageshack.us/img140/8277/nzdcadeditedua0.jpg

As always, click on the links to see the charts.
Good trading.
Granicus.

CAD-CHF

I'm looking at CAD-CHF, among other things. It's another one of the crosses that I trade. We get respectable 8 pips spread here, so it's very much tradable. Here is a 4 H chart. I'm seeking a break here at 1.1980 and a move of about 180 pips, to 1.1800.
Here is a link to the chart .

http://img88.imageshack.us/img88/8471/cadchfhs1.jpg

We shall see what happens.
Granicus.