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Daily Archives: May 28th, 2013

Last Thursday, 23 May 2013, I went LONG EURUSD at 1.2845 immediately after the announcements of the various PMIs for Germany, France and Italy, they were all generally slight improvements.

Initially, market moved slightly, I felt it was good for a 4obps pop upwards, then, it started moving up to 1.2900, I put an order to square the position at 1.2900 and it was taken out as it went higher to 1.2908.   I locked in a trading profit of 55bps or 0.42%.

It went higher into NY trading session but I was at the time out for dinner.

I saw the fast and slow stochastic signalling a buy, so I went long at 0.9637 and squared the trade 5 mins ago at 0.9670 for a trading profit of 33bps or 0.34%.

I was so bored, decided to do a quick scalp; short the AUDUSD at 0.9645 and squared the position at 0.9635 for a 10bps trading profit.