Support/Resistance & Trend Lines

Moving all EUR/USD stops to 1.2690

GBP data wasn't particularly bullish and the market may have run out of steam in the short term.

EUR data out in 15 mins.
 
Data has been pretty much inline with expectations so I'll loosen the stops a little as may see some drift.

Stops now at 1.2665 on EUR positions
 
Open Positions
Long EUR/USD half position from 1.2530, stop @ 1.2665
Long EUR/USD half position from 1.2690, stop @ 1.2690
Long GBP/USD from 1.5245, trailing 100 pip stop currently 1.5198

Open Orders
EUR/USD
Sell @ 1.2910, 75 pip stop
Buy @ 1.2530, 75 pip stop

USD/JPY
Buy @ 89.85, 40 pip stop
Buy @ 87.45, 60 pip stop

GBP/USD
Sell @ 1.5450, 100 pip stop
Sell @ 1.4975, 60 pip stop
 
I'll close half GBP/USD if I'm bid 45 and I'll leave the stop at BE
 
Last edited:
I'll raise EUR stops to 1.2705. Breaking 1.2725 would probably mean a rejection at the .50 of the recent swing.
 
I'm long USD/JPY from 87.45 with stop @ 86.85

I'll move my stop on EUR/USD position 1.2760
 
Short EUR/USD from 1.2910, stop is 1.2985.

Both new positions (USD/JPY long and EUR/USD short) are trailing stops.
 
EUR/USD short from 1.2910 stopped out overnight at 1.2945
USD/JPY long from 87.45 stopped out @ 86.97

Stop on both EUR/USD long positions moved to 1.2815
Stop on GBP/USD long moved to 1.5315

I'll take half off the GBP/USD short position @ 1.5350
 
I'm now long EUR/USD from 1.2985 (break of resistance) with a 75 pip trailing stop.

I'm also moving EUR/USD stops to 1.2870.
 
Half off USD/JPY at 86.30. Stop to BE on remainder.

Half off GBP/USD short from 1.5450 @ 1.5350. Stop to BE on remainder.

Stopped on EUR/USD long from 1.2910 @ 1.2932.
 
Stopped on GBP/USD long half position from 1.5250 @ 1.5315
Moving stop on GBP/USD short from 1.5450 to 1.5385

Open positions...
Long EUR/USD half position from 1.2530, stop @ 1.2870
Long EUR/USD half position from 1.2690, stop @ 1.2870
Short GBP/USD from 1.5450, stop at 1.5385
Short USD/JPY from 86.90, stop @ 86.90
 
Sunday Order - 18/07/2010

Open Positions
Long EUR/USD half position from 1.2530, stop @ 1.2870
Long EUR/USD half position from 1.2690, stop @ 1.2870
Short GBP/USD half position from 1.5450, stop at 1.5385
Short USD/JPY half position from 86.90, stop @ 86.90

Orders (will submit when market opens)
EUR/USD
Nothing near.

USD/JPY
Sell @ 87.90 (resistance line), 60 pip stop

GBP/USD
Nothing near.
 

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Last edited:
Open Positions
Short GBP/USD from 1.5450, stop moved to 1.5350

Orders
EUR/USD
Sell @ 1.2720 (break of upward trendline, 01/07+13/07), 60 pip stop

USD/JPY
Sell @ 87.90 (resistance line), 60 pip stop

GBP/USD
Buy @ 1.5480 (break of downward trendline, 19/01+15/07), 70 pip stop
Sell @ 1.5450 (resistance line), 100 pip stop
Sell @ 1.5080 (break of upward trendline, 08/06+12/07), 70 pip stop
 
Open Positions
Short GBP/USD from 1.5450, stop @ 1.5350

Orders
EUR/USD
Sell @ 1.2750 (break of upward trendline, 01/07+13/07), 60 pip stop

USD/JPY
Sell @ 87.90 (resistance line), 60 pip stop

GBP/USD
Buy @ 1.5470 (break of downward trendline, 19/01+15/07), 70 pip stop
Sell @ 1.5450 (resistance line), 100 pip stop
Sell @ 1.5095 (break of upward trendline, 08/06+12/07), 70 pip stop
 
EUR/USD short from 1.2750 triggered, trailing 60 pip stop
Stop moved to 1.5300 on GBP/USD

Open Positions
Short GBP/USD half position from 1.5450, stop @ 1.5300
Short EUR/USD from 1.2750, 60 pip trailing stop to BE, order to close half @ 1.2690

Orders
EUR/USD
Nothing near.

USD/JPY
Sell @ 87.90 (resistance line), 60 pip stop

GBP/USD
Buy @ 1.5470 (break of downward trendline, 19/01+15/07), 70 pip stop
Sell @ 1.5450 (resistance line), 100 pip stop
Sell @ 1.5120 (break of upward trendline, 08/06+12/07), 70 pip stop
 
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