By FX-Forecaster | June 16th, 2009 1:22 am The underlying direction is bullish while the daily bias is bearish. Therefore it is likely that any losses are ...
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By FX-Forecaster | June 16th, 2009 1:22 am The underlying direction is bullish while the daily bias is bearish. Therefore it is likely that any losses are ...
See all stories on this topic
June 16 2009, 9:28am | Comments »
I have been in the money on this trade for a total of about 11 minutes and that is starting to grate. EUR/CHF is grinding lower and everyone I know is either long or square EUR/CHF, which is a bit of a worry. With cable and AUD/USD showing no signs of backing off, I’m reducing this position by half and will chop the rest below 1.0570. Break even on this trade is looking like an impossible pipe-dream. Next please.
June 12 2009, 1:23am | Comments »
Morning all. I guess I happiest when I’m short CHF. I’m initiating a long USD/CHF position which I will hopefully build between 1.0750 and 1.0820 with a profit target at 1.1450. I will give up below 1.0570. Citibank technicals issued a sell NZD/JPY strategy overnight as they see the green shoots trade faltering. Resistance in EUR/JPY at 137.30 still holding. Yesterday I heard there was good buying interest in USD/JPY around the present 97.25 level. Good luck today.
June 10 2009, 12:19am | Comments »
The USD/CHF optimization note originally posted on May 29 has been updated to correct for a mistake in the data selection. Originally, 1 out of 6 runs used for the analysis (17% of the traders considered) contained USD/CAD while others contained USD/CHF data. As a result, some of the optimization results are different.
June 9 2009, 3:29pm | Comments »
After some important changes to the trading system optimization methodology, I continue with USD/CHF on the day scale -- this currency pair has not been analyzed in this context before.
May 29 2009, 7:59pm | Comments »
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