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Wednesday, June 13, 2007

So to date, for eur/usd, gbp/usd, usd/jpy, and eur/jpy, I'll not enter a second position in the same direction after limiting out if the Alligator didn't agree with the SAR. That may hold true if the Alligator is all bunched up as well.

EUR/USD - Was four points away from stopping on the last bar. Moved stop on short 1.3351, stop 1.3403, limit 1.3257

USD/JPY - Glad I didn't enter. The price shot up through the SAR point. Not going to touch this until the Alligator opens up.

GBP/USD - Moved stop on short 1.9675, stop 1.9811, limit 1.9603

EUR/JPY -

This is probably going to stop out. I think the usd/jpy rule applies with this pair. I'm not going to enter second position, in the same direction, after limiting out if the first position didn't agree with the Alligator.

Moved stop on short 161.71, stop 163.35, limit 160.95

USD/CHF - Price still hasn't hit 1.2494. Watching

EUR/CHF - Watching

AUD/USD - Moved stop on short 0.8410, stop 0.8451, limit 0.8347.

USD/CAD - Moved stop on long 1.0671, stop 1.0587, limit 1.0752