Monday, 23 July 2012

Trading Update - 23 July 2012

I'll post my watchlist tonight, but here is a quick update on the trades I'm in:

Traded AUDCAD short last night, off significant resistance level:


It triggered over night - trade is currently bouncing around break even.  I'm looking for a push to the shortside, and once I get it, I'll move stop to B/E around .5% up, then trail quite aggressively on the 4hr chart by placing it behind each lower high.

Other trades:
EURJPY - currently 1.5% up after strong moves Friday and today.
GBPNZD - currently 1% down after a strong move today.

Happy trading

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