May 20th, 2010
EURUSD at 1.2397 (73 pips profit)
EURGBP at 0.8587 (108 pips profit)
EURCHF at 1.4356 (14 pips profit)
it’s possible that near-term bottom is forming right now. I am still EUR bear, but in longer term.
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May 16th, 2010
at 0.8564. stop at 0.8704
We think PIGs problem much wider than hidden billions of british deficit
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May 12th, 2010
at 1.4039.
I do not like that it could not break below 1.40. Prefer to take profit 50 pips.
I see all pair (EURUSD, EURJPY, GBPJPY, USDJPY) and consolidating in very thin range. I expect the move in the nearest future. Most probably it will be after option expiration this Friday.
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May 6th, 2010
GBPJPY fallen more than 1000 pips during the day. First fall to 137 was caused by GBPUSD fall, but second was caused by 400 pips USDJPY move.
S&P 500 was 10% lower.
Reuters says it was trading error:
Stocks plunged 9 percent in the last two hours of trading on Thursday before clawing back some of the losses as the escalating debt crisis in Europe stoked fears a new credit crunch was in the making.
The Dow suffered its biggest ever intraday point drop, which may have been caused by an erroneous trade entered by a person at a big Wall Street bank, multiple market sources said.
Indexes recovered some of their losses heading into the close but equities had erased much of their gains for the year to end down just over 3 percent, the biggest fall since April 2009.
“We did not know what a stock was worth today, and that is a serious problem,” said Joe Saluzzi of Themis Trading in New Jersey.
Traders around the world were shaken from their beds and told to start trading amid the plunge as investors sought to stem losses in the rapid market sell-off.
Declining stocks outnumbered advancers on the New York Stock Exchange by more than 17 to 1. Volume soared to it highest level this year by far.
Nasdaq said it was investigating potentially erroneous transactions involving multiple securities executed between 2:40 p.m. and 3 p.m.
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May 6th, 2010
I think it may fall down, but I prefer to take 180 pips of profit.
Short closed at 140.89
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May 6th, 2010
SNB buy order was filled today. It’s a great opportunity.
Short open at 1.4080
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May 4th, 2010
I do not like how it moves. Prefer to close position.
USDCAD profit ~50 pips
EURGBP profit ~70 pips
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May 3rd, 2010
We are still keeping EURGBP with the stop 0.8747. The position give us some modest profit (~50 pips), but we expect more move downside. We will move stop at cost on the next leg down
Now we are entering long USDCAD 1.0109
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April 29th, 2010
at 1.6463 with a loss around 200 pips.
Now we changed to euro bearish bias.
So short EURGBP at 0.8704
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