6 Dec 2006 13:19 GMT - Bought 1 more unit @1.3258, target in the upper 1.33 area. We expect a new minor wave up could be under way if support around 1.3250 holds.

4 Dec 2006 09:24 GMT - Bought 1 Unit EURUSD @1.3294, target in the upper 1.33 area.

29 Nov 2006 18:30 GMT - Closed 2 Units EURUSD @1.3155 for 45 pips, closed 3 Unit USDCHF long @1.2104 for 80 pips and 50 pips respectively. Still holding small positions in both pairs.

29 Nov 2006 00:04 GMT - Bought 1 Unit USDCHF @1.2022, SL@1.1973, target in the upper 1.20 area. Still holding the other positions. A retracement in EURUSD is imminent, we are expecting the lower 1.31 area to be tested during the next sessions.

28 Nov 2006 21:42 GMT - Short EURUSD 3 Units from 1.32, SL for 1 Unit @1.3235, target at 1.3150.

27 Nov 2006 23:59 GMT - Our EURUSD short from last week hit its target at 1.3070, however we are still out of the money with the USDCHF longs after the sharp EUR rally early this week. Bought 2 more Units USDCHF @ 1.2055, for targets just above 1.21. The EUR rally should enter a retracement wave soon, so we prefer to hold our positions and wait for a better setup to re-enter small EURUSD longs.

24 Nov 2006 14:03 GMT - Our last remaining unit hit its target at 1.3038 (100 pips). Bought 2 more units usdchf @1.2190 and sold 1 unit EURUSD @1.3095 for a 1.3070 primary target. If reached, EUR should find strong support at 1.3120, where we expect a retracement move with targets at 1.3050 and below.

22 Nov 2006 22:53 GMT - We missed adding up to our longs before the rally @1.2865, however all our existing take profit orders were eventually hit. Closed the remaining 2 Units at 1.2910 for 70 pips profit and bought 2 more on the way up to 1.2958: the first was closed after only 12 pips and we still hold the second one from 1.2938. Bought 1 Unit USDCHF @1.2266, with target at 1.2292. This strong rally will probably enter into a retracement phase soon, however the mid-term perspective on EUR looks very bullish at this time, and we will be looking to re-enter longs progressively starting from 1.2920, for targets at and above 1.30.

22 Nov 2006 12:49 GMT - Most of our long positions hit their targets in the 1.2880-1.2890 area, profit around 40 pips on average. Still holding 2 Units with take profit at 1.2910. Will be looking to re-establish longs gradually, as EUR gets back below 1.2870.

21 Nov 2006 23:06 GMT - We took small profits with 2 Units at 1.2850 - about 30 pips each. Still holding the other longs. Targets for the rest of the positions remain in the upper 1.28 area and just above 1.29. We will probably not add more to the existing trade due to upcoming U.S. holiday (thin trading expected), but will watch carefully for a break of the current range.