19 Nov 2006 22:48 GMT - As mentioned in our previous journal entry, we bought one more unit at 1.2770 but closed it before the last Friday session for 42 pips. Holding on to our EUR long positions, with targets before 1.29 and 1.2920. In case of a new pullback towards 1.28, we will add 1 more unit to our trade (order to buy EURUSD @1.2803).

16 Nov 2006 10:19 GMT - Closed our usdchf 1 Unit long yesterday for 40 pips. Holding the EURUSD longs, waiting for either a break of 1.2840 or 1.2780 to add 1 more unit to our position.

15 Nov 2006 09:02 GMT - Half of our long position was stopped at BE, however we remain long with 3 Units. Took small profit for 1 Unit at 1.2830 earlier. As the attempt to move higher failed yesterday at 1.2770, we are looking at a possibly larger retracement wave down in EURUSD, targeting the mid 1.27 area and below. Bought 1 Unit USDCHF @1.2465, primary target at 1.2505.

14 Nov 2006 14:13 GMT - As mentioned in our previous note, we added 2 more units to our longs at 1.2840 (before the breakout) and keep our positions with a SL at BE for the ones already in profit >40 pips. Waiting for the 1.2890-1.2910 area to begin to take profit.

14 Nov 2006 10:24 GMT - Long 4 Units from yesterday + 1 Unit from 1.2828 earlier today. Will add 2 more if EUR drops below 1.28 or reaches higher towards 1.2840 (with a stop loss at BE for 2 of the existing positions). Targets for all units range between 1.2880 and 1.2920, but above 1.2850 we may temporarily close some of them in-between and buy again the same amount (scalping on 30 min charts).

13 Nov 2006 12:57 GMT - EUR is taking a breath and are we are ready to buy again. Long 1 Unit EURUSD at 1.2836, looking for a lower dip to re-establish longs. Placed a buy order for 3 Units at 1.2823.

10 Nov 2006 07:49 GMT - Take profit touched for 2 units bought 4 weeks ago; Closed another 3 units long for 2 weeks in small profit; Prepare to buy again after an expected retracement.

9 Nov 2006 17:38 GMT - Closed 8 units (long EURUSD) just after the rally above 1.2830, for an average of 25 pips per unit. Still long 2 units from 1.2880 (bought a few weeks ago) and 1 from 1.2834, just earlier. Placed order to buy again 3 units at 1.2822, for a 1.2857 initial target. Will continue to be long EUR, but cautious ahead of a possible minor retracement during the next sessions.

9 Nov 2006 13:21 GMT - Took small profits from yesterday's longs just before news, maintaining the rest of the positions for a possible break above 1.2820. Protected the earliest longs (1.2768-1.2765) with a stop loss at breakeven.

8 Nov 2006 16:46 GMT - Bought 2 more units, at 1.27558, after closing 3 units at 1.27935 earlier in the day.