EUR/USD My Trading Day

Hello Guys!
Today it's Friday 12th December 2007 - a really tough trading day! Here is my trade:
As you can see in the chart EUR/USD plunged from 1.4655 to 1.4482. I decided to go long when the first green lage candle would appear, it was not really an bullish engulfing pattern, but the candle was bullish. With the open of the next candle I buy at the market. My position was filled at 1.4498. I place an OCO Order: Sell-Leg at 1.4523 (23% Retracement) and a Stop-Loss at 1.4480 (my spread under the current trading day low).


The following 90 minutes were quite interesting. The market came down again and my Stop-Loss was in danger, but the pair rose again and my sell position was filled at 1.4523 and I was out of market and made a nice profit of 25 pips.
We will see what will happen in the next few hours. I will not trade again this week, the market is not really predictable at this time. Next week we will see, how I can make money!

Have a nice weekend!

USDCAD short at market

USDCAD short at market, target 0.9800 stop-loss: 0.9935

USD/CAD Long Exit

USD/CAD Exit Long , because of the heavy resistant:
38,2 Retracement and 50 moving-average
Proft: +50 pips

USD/CAD Long

Buy USD/CAD because of a bullflag on the one hour chart and the 5 min. chart.
Target 1.0000
Stop-loss: 0.9450

and remember: trading currenies involves financial risks

USD historical lows

Because of the historical lows of the USD the question arises, if Central Banks around the globe will intervention to stem the decline against other major currencies.
If we have a short look at the chart, we can see in DX Z7 (US DOLLAR FUTURE DEZ.07) a bearish falling gap. If we see another historical lows (<75.10) the minimum target will be 72.00, but if we will see in the next few days an upside gap, than opportunities on the long-side will be seen. I don't think that what we see in the chart below is an trend reversal pattern. I think the USD will continue to weaken.

And remember: Trading currencies involves financial risks and is not appropriate for everyone.

Update USD/CAD

close long USD/CAD position @ 0.9400
our profit: +250 pips within 48 hours

Update USD/CAD

nice profits: 180 pips within 24 hours
close half of the position and the new stop-loss 0.9190

USD/CAD Long target 0.9500

USD/CAD Long traget 0.9500 stop-loss 0.9050

and remember: trading involves financial risks

my current Watch List - long only

The following Shares are in my Watch List (only longs):

USO - United States Oil Fund
TRA - Terra Industries Inc.
TXT - Textraon Inc.
RMDX - Remotemdx Inc.

all shares are very bullish, but the liquidity is very low, so only trade with linits and stops

Exit Long ED Z7

Exit Long ED Z7 and take profit +13 bps

EUR/USD short at 1.4100

EUR/USD Short at 1.4100 , OCO Long at 1.4200 and Long at 1.4010

ED Z7 Long

Because of the credit crunch I decided to buy EURODOLLAR December Future 2007 (ED Z7) at 95.17 with a stop-loss at 95.00. (19/10/2007)
My intension is that the FED is forced to reduce the short-term interest rate and ED is up to about 95.50.But I know that the FED has to consider the US inflation!