February 2007 Monthly Archive
EUR/GBP did retrace down, but not quite enough to trigger our long orders - missed it by a few pips. The pair looks like it's back in uptrend mode as it has risen and currently trading around 0.6715, so we will close open orders.… More…
Posted 20:40 25 February 2007 by Pipcrawler
Sorry for the late update. For those of you who took the trade knows that CAD/JPY dropped down to 102.50 and did a little reversal bounce. It was enough to trigger our first profit target, but not enough for the second. After pt1 was hit, the pair dropped and the second half was stopped out at break even.
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Posted 00:00 16 February 2007 by Pipcrawler
Here's a technical play on GBP/JPY. We seen lower highs on the 4hr chart and resistance at 235.35, which the pair is currently trading above. This is forming a descending triangle, in which i think is coming close to completion before we see a breakout. It's not ready for a breakout yet, but I think the pair will continue to find support at 235.35 and rally from there. … More…
Posted 09:45 13 February 2007 by Pipcrawler
Our trade was stopped out as the Euro gained strength across all of the majors throughout the day, including the Yen. We were short a full position at a blended price of 156.65 and stopped out at 156.90. It's a good thing we kept it tight because… More…
Posted 00:00 08 February 2007 by Pipcrawler
The second half of our trade closed yesterday at the adjusted price of 1.5330 and we locked in another +45 pips in the process. It's a shame that we did get stopped out because the pair eventually hit the
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Posted 08:35 06 February 2007 by Pipcrawler
Looks like we're off to a good start. Let's hope we can keep it going!… More…
Posted 10:36 04 February 2007 by Pipcrawler
Final January pip total...… More…
Posted 00:00 01 February 2007 by Pipcrawler