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I also have sell levels on USDJPY at 119.19/ 119.10 area CAD 1.1322 / 1.1303 area Short term trades. Very careful because these are breakout levls if we shoot way thru. DRT

[13:03 EUR/USD: 1.2600 Barrier Erased; 1.2560 Next Support] Boston, October 6. EUR/USD managed to trade below 1.2600, triggering a barrier option allowing the sellers of the option to avoid a huge payout. EUR/USD is heavily oversold intraday and vulnerable to a snap-back like seen last...

WHoa. Change in plans I will likely get long at 2577/2568 area EURUSD. 2626/2616 EC DRT The break will come below 2572 most likely. Be very careful. I hope we have the weekend to think about it. I want to see where my "MRiver" value comes in.

I am going to sit this one out. I hope no one was caught in that carnage. I want to see what happens today as I am really, really undecided here. I can see a possible run back up to the topside and it makes me want to get long but I am not sure so I will think on it some more. Will check...

As of today.... I also see better entries as follows USDJPY - 117.33 or just below to go long USDCAD - 1.1166/45 or just below to go long I may be totally off on this and we can look at higher levels if the breakout takes off. Good luck today everyone. DRT

I just covered my last 10 EC contracts at 2712. DRT

Well here we are on Friday morning and the NFP is due out. EURUSD/EC Looking back at our theme at the beginning of the week...we were focused on the test of the 2720 midrange. We tested it and now have settled below this level. We used a moves back into this area for ous short set ups and...

Thursday night.... Here's an update on my positions. Week 1 - Closed trades P&L = $68,187 Week 2 - Closed trades P&L = $38,750 Current trades open = $13,875 EC Still short 10 EC from 2850. EC closed today at 2739. Up 111 ticks per contract or $13,875. Short 10 EC...

A reminder that we are still at the bottom of this damn range. It still bugs me that the USDJPY has not gone into my 117.33 area. Waiting.

I have decided to cover 30 of my EC contracts at 2727 to lock in some gains this week. Still leaving 10 open. This 2723 level is real important also on the EC. I will look to re-position if we get thru today. NFP tommorrow and all so I doubt many will look to go out on the old limb. DRT...

Option plays. Now there's something new. Controlling the market for now. They should have there own trading instrument. Sigh. There's a big bid sitting down around this 2885 level. DRT

Well so far the 2692 area is not letting price go thru. Looks mighty strong. DRT

I still have a strong buy signal for USDJPY around 117.33 and we are getting close. It is going to get hairy if USD weakens today. If we move up out of this area, I am looking at 119.10. If the 117.33 area gives way then we may see some major downside. If you are selling JY, then 8600...

What did they expect here? An increasee after all the accounting stuff.... [11:07 GBP/USD: Weighed Down by Unchanged UK Rate Verdict] London, October 5. Cable has fallen by an approximate quarter-cent to new intra-day lows just shy of 1.8825 as some speculative long GBP positions are...

Should be an interesting morning. What will most likely happen is the Euro will rocket up to 130 this week. Then reverse next week and go to 1.25 :) OR WE WILL JUST RANGE TRADE UNTI I PASS ON....this is more likely. [10:03 GMT October 5] Stocks and M&A have dominated European affairs and...

Kastro, I was a little restless as usual. Check back a few posts. I updated my open positions for the week tonight. DRT

Okay. I know I am being a little silly tonight, but pay attention to this one. Tommorrow marks the 100% line from the all time high to the low at the end of last year. This means major change is coming now!!! Do not take this lightly. This is based on a daily chart. Isn't it fasciating how...

More cave man art for your living room. I am now going to bed. DRT

All great technicians are a little warped you know.... I would suggest you call your broker and all family members to sell Yen immediately. ;) DRT

And now for you Pearl Harbor Fans...