Dec 12 - Dec 17, 2010

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Dec 12 - Dec 17, 2010

Post  Levaz on Sun Dec 12, 2010 7:08 pm

EURGBP short 0.8450 SL 0.8550 TP 0.8250
GBPUSD long at 1.5750 SL 1.5670 TP 1.5975
We still have the above trades active. We will begin the week tending to these trades.

Levaz
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Levaz

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Re: Dec 12 - Dec 17, 2010

Post  Levaz on Mon Dec 13, 2010 8:05 pm

EURGBP short 0.8450 SL 0.8550 TP 0.8250
Trade stopped out at the revised Sl of 0.8430. The low liquidity indicates that there may be a reversal, but i am not sure whether the move is real of simply a reflection of little money making large moves.

GBPUSD long at 1.5750 SL 1.5670 TP 1.5975
Trade is doing well, we are currently 100+ pips in profit, with a peak of 140+ pips earlier today.
We expect the pair to breach 1.5900 in the next 24 hours, and hopefully our target within the next 48 hours or so.

Levaz
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Levaz

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Re: Dec 12 - Dec 17, 2010

Post  Levaz on Tue Dec 14, 2010 8:21 pm

GBPUSD long at 1.5750 SL 1.5670 TP 1.5975
Move the SL to 1.5700. There may be a further move south, but it is very difficult to judge how far it will travel in these low liquidity markets.

I will not be taking any new positions till next year, so i may not post much till next year.

If I do not at all make it, i wish you all a very Merry Christmas and a Happy new year.
May the good Lord bless you and your families with prosperity and good health.

Levaz
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Re: Dec 12 - Dec 17, 2010

Post  Levaz on Wed Dec 15, 2010 8:00 pm

GBPUSD long at 1.5750 SL 1.5670 TP 1.5975
Fortunate for the revision of the SL, we only lost 50 pips there.

While I mentioned above that I am not really interested in fresh positions, I will be taking a small 10K trade as under:

EURUSD short 1.3250 SL 1.3300 TP 1.3100

Levaz
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Levaz

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Re: Dec 12 - Dec 17, 2010

Post  Levaz on Thu Dec 16, 2010 8:19 pm

EURUSD short 1.3250 SL 1.3300 TP 1.3100
Trade is in play. We went as high as 60 pips or so, but we are now around break even. Let us see how this one pans out.

Levaz
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Re: Dec 12 - Dec 17, 2010

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