Jumat, 12 Juli 2002

Shorting usd/chf paid off nicely @ 1.4802 ($40.54), bringing the account back up to 100,000 . The usd/jpy 10,000 limit order @ 116.55 was activated and now stands 28pips ahead.



I've been trading more frequently that I usually do. Once the intervention threat has passed I'll probably ride the dollar the rest of the way to 115. The Euro at parity could become range bound for several months between either .9800 and 1 or 1 and 1.02 depending on where the dollar is in the next month or so.





Account Update :



Bal: 100,004.07 ::: P&L: -4.73 + ( 27.14 )

short JPY 2,334,450 ::: long USD 10,000, CHF 14,851

* OANDA paid app. $4.00 in interest at 4pm.





current trades :

long 5000 usd/jpy from 117.01 , stop 116.35, tp 117.80

long 5000 usd/jpy from 116.78 , stop 116.35, tp 117.80

long 10,000 usd/jpy from 116.55 , stop 115.80, tp 117.80

short 10,000 usd/chf from .1.4851 , stop 1.875 , tp 1.4807

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