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Hello Everyone, Good to be back. Hope you all had a great holiday season. But now its time to get back to work. Greenback was dropped down to even lower levels on thin market conditions. I cannot say it is overdone, but consolidation is not out of question right at the start. No matter...

Ok, we have a Hanukkah holiday coming here in Israel, and when it is over, New Year period is coming soon, so I am announcing about closing of the current "trading" year. I would like to wish you all Happy Hanukkah, Marry Cristmass and a Happy New Year! It was a pseasure to communicate...

order was removed

Hello Everyone, Pretty quiet week for me. No trades till now, but seems like we are seeing possibility for a correction today. The question is whether this time we penetrate the trend line or not. I should remind you and to myself, that any line is to be broken eventually, and it is only...

Hi Everyone here is my latest story on this issue: Well, Refco,Fxcm and some others offer guaranteed filling of stop and limit orders no matter what, in case the trade size is upto 10 million (refco, fxcm). I have funds under management both in Refco and in Commerce Bank (CB). CB doesnt...

Good Morning Everyone, Well, Saddam was captured, USD rallies, but as we see - sentiment is still bullish and serious participants only used the opportunity to short even more USD - maybe for fast profits, and maybe not - we will see that. My positions were closed. For now this is...

Forgot to mention: for those who are holding the short USDCHF, I suggest moving the stop to slightly above day highs not to endanger the bigger target and be taken out on sudden spikes - I moved to 1.2720 to lock some little profits for now. That is what I did, you see for yourselves :)...

Well, as I said in the first post of this month, sentiment is rarely that strong and obvious, and I wished we all to try to profit from it. Hope most of you did :) Anyways, for now it all looks very good, and despite the overbought market, extreamly bearish USD sentiment is pushing Dollar...

Very nice evidence of sentiment for USD weakness to be still present on market. Those who followed the last hour of the market should know what I mean. But still its early to talk about anything certain yet. Lets see if we get to see new highs today; or will it be next week? New highs are needed...

Good morning Everyone, Open position: short USDCHF@ 1.2765, stop ar entry level, target: 1.2320 Target is over 400 pips, but the thing is that we have lots of breaks on Swissy which should accelerate the move further. I talked about it in the week opening. There were at least 2 major...

ok, booked another 60 pips of profit on swissy for today; holding the longer term trade open with stop at entry point; I think its high time to end the day and take some rest. Goodbye everyone, see you all later, Rezo

Ok, lock 10 pips on short term trade and move stop to entry on longer term now (swissy at 1.2710/15).

swissy is now at 1.2735/40; move the stop on short term swissy to entry level; hold the longer term for now without a change.

Very nice bounce on both Euro and swissy fron the technical areas. I entered once again both long term trade and short term. Half position is for 60 pips target and 40 pips stop and second half is for same longer term target 1.2320 with stop at 1.2885.

have just resold the swissy at 1.2765

Here's the chart

In my opinion if euro breaks the 1.2130 (now we are testing the level as I am writing, it may trigger lower correction to 1.2080, followed by 1.2000 and 1.1950. The trend line since 1.1420 is now at 1.2130, so if we break it, in my opinion we are going much lower for now (best seen on 240 min...

Both positions were closed for now; maybe reenter later. For now its +10 pips

Move stops to entry level on longer term trade, move stop to lock 10 pps on short term position.

We are coming back to the break line on USDCHF (on friday) which may give a resistance and be the next point to resume the move down. If not, (i.e. if we break through the broken line) I think we may get a stronger correction, and who knows what may that be in the end. I also entered a longer...