After seeing the rebound from 1.3095, we ventured long at 1.3130 and although euro did bounce on the release of weaker-than-expected US NFP data, as price faltered just below previous resistance at 1.3180 and dropped sharply on Friday (the position was stopped at 1.3110), then this morning to as low as 1.2956.
A long position was also entered in USD/CHF after seeing the retreat from 0.9174, however, this short position entered at 0.9150 was stopped at 0.9165 as dollar held above previous support 0.9115, dollar opened higher today and surged to as high as 0.9272.
We then entered a long position also on Friday’s post NFP rebound, however, cable faltered below the Ichimoku cloud top and slipped again in late New York, the position entered at 1.6165 was then stopped at 1.6130 as price dropped to as low as 1.6115.
One long position was also entered in USD/JPY at 79.85 and the position is still holding as previous support at 79.64 has held so far.
In short, 4 positions were entered among all 4 currency pairs with total loss of 65 points and the positions are listed below:
4 May : EUR/USD - Long at 1.3130, exited at 1.3110 (- 20 points)
4 May : USD/CHF - Short at 0.9150, exited at 0.9165 (- 15 points)
4 May : USD/JPY - Long at 79.85,
4 May : GBP/USD - Long at 1.6165, exited at 1.6130 (- 35 points)
JPY EUR CHF GBP
Jan -45 +175 +150 - 5
Feb + 30 - 75 -105 -85
Mar -105 + 5 - 75 -60
Apr +192 -105 -100 -130
May -20 -15 -35
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Y-T-D + 72 -20 -145 -315
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