C O N T E N T S

Took profit on JPY's 131.00 sell (short) position at 131.60.

 

December 28, 2001
JPY sellers had a higher target than 131.00 resistance, after all. Clearly settling above 131.00, they face no major technical resistance until 135.00. The near term support zone for sellers' re-entry will be 131.00-130.80. Meanwhile, sporadic European buying in the last session should come to a technical stop at the levels of EUR 0.8900/SWF 1.6700/GBP 1.4620. Stay tuned for Weekly Show.

Cut loss on JPY's 130.80 buy (long) position at 131.30.
Wait to sell JPY 131.00, RRR-50/+200pts, or settle profit at close.
Wait to sell SWF 1.6700, RRR-50/+200pts, or settle profit at close.
Wait to sell EUR 0.8900, RRR-50/+100pts, or settle profit at close.
Wait to sell GBP 1.4620, RRR-50/+100pts, or settle profit at close.

 

December 27, 2001
As expected, JPY had no problem reaching 131.00, near which according to our plan we bought it long at 130.80. JPY's next move will now have to be either correcting back down to 127.30 or marching on to 135.00. At -50pt risk, we are more than willing to sit on our 130.80 buy (long) position and see what may become of it in the session ahead. Should buying take place in yen, buyers for European majors may also come out of warm beds to do some dancing. Hence, SWF 1.7000 and EUR 0.8730 are still considered as good buying entries at minimum risk. Stay tuned.

Bought JPY 130.80, RRR-50/+200pts, or settle profit at close.
Wait to buy SWF 1.7000, RRR-50/+200pts, or settle profit at close.
Wait to buy EUR 0.8730, RRR-50/+100pts, or settle profit at close.

 

December 25, 2001
The Christmas-thin-market, the rock-in-the-moon-lake effect, together with the uneasy fear of Argentina economic shakeup all played a role in jacking up the 400pt sell-off in SWF. Coming up next will be the classic "what goes up must come down" scenario, as the market will return to furiously buy back SWF down to the 1.6750 support level. Meanwhile, JPY selling should top out under 131.00 and soon begin to correct itself downward. Stay tuned.

Wait to buy JPY 130.80, RRR-50/+200pts, or settle profit at close.
Wait to buy SWF 1.7000, RRR-50/+200pts, or settle profit at close.

 

December 21, 2001
JPY sellers continue to consolidate their gains above 128.00, affirming our anticipation that the next upside breakout would easily reach 130.00 target. Furthermore, the momentum of such a breakout may even extend its distance near the border of 131.00, where buying will surely take over selling for a downside correction. The European buyers may gather firmer supports at the levels of EUR 0.8930/SWF 1.6400/GBP 1.4400 before bouncing back against the dollar. Their initial targets will once again be EUR 0.9120/SWF 1.6120/GBP 1.4680. Stay tuned for Weekly Show.

Cut loss on GBP's 1.4500 buy position at 1.4450.
Bought SWF 1.6430, and took profit at 1.6310.
Bought EUR 0.8980, RRR-50/+50pts, or settle profit at close.
Wait to sell JPY 128.00, RRR-50/+200pts, or settle profit at close.
Wait to buy JPY 130.50, RRR-100/+200pts, or settle profit at close.
Wait to buy EUR 0.8930, RRR-50/+150pts, or settle profit at close.
Wait to buy SWF 1.6400, RRR-50/+200pts, or settle profit at close.
Wait to buy GBP 1.4400, RRR-50/+200pts, or settle profit at close.

 

December 20, 2001
Without signs of pulling back and presence of buyers, JPY sellers are clearly staging their preparation for the next break out to reach 130.00 target. To catch the final leg of this upside move, one may seize a dip to 127.70 as a sell entry at the risk of -50pt cut loss. Otherwise, fence-riders might as well wait up there at 130.00 with buy orders ready to trade down the other way. Meanwhile, all three European majors pulled back enough to trigger our buy (long) orders. Chances are very good that they will restart their advance upon USD as soon as JPY sellers begin to make their move to grab 130.00. Hence, we will wait to sell JPY short at 127.70 to target 130.00, and buy the Europeans long at EUR 0.8980/SWF 1.6430 to aim for 0.9200 and 1.6000. Stay tuned.

Bought EUR 0.8980, and took profit at 0.9020.
Bought SWF 1.6450, and took profit at 1.6400.
Bought GBP 1.4500, RRR-50/+50pts, or settle profit at close.
Wait to sell JPY 127.70, RRR-50/+150pts, or settle profit at close.
Wait to sell EUR 0.9230, RRR-50/+150pts, or settle profit at close.
Wait to sell SWF 1.6000, RRR-50/+150pts, or settle profit at close.
Wait to sell GBP 1.4830, RRR-50/+150pts, or settle profit at close.
Wait to buy EUR 0.8980, RRR-50/+150pts, or settle profit at close.
Wait to buy SWF 1.6430, RRR-50/+150pts, or settle profit at close.
Wait to buy JPY 130.00, RRR-50/+150pts, or settle profit at close.

 

December 19, 2001
JPY sellers continue their effort to edge toward 130.00 target, where buyers are highly expected to outnumber them. GBP buyers, meanwhile, are making their own trek toward the target of 1.4850, dragging along timid EUR and SWF buyers along the way. Our ATS-3 trend following system has just fired off a buy signal to reverse the previous sell signal for GBP. Hence, we may see prolonged buying ahead for the European majors against USD. The near term buy entries are EUR 0.8980/SWF 1.6450/GBP 1.4500, whose targets are expected to be EUR 0.9200/SWF 1.610/GBP 1.4850. JPY should travel in reverse of the Europeans, getting first sold to the target of 130.00 and then bought back on correction (or profit-taking or bargain-hunting) to retest 127.00. Stay tuned.

Wait to sell JPY 127.00, RRR-50/+150pts, or settle profit at close.
Wait to sell EUR 0.9200, RRR-50/+150pts, or settle profit at close.
Wait to sell SWF 1.6100, RRR-50/+150pts, or settle profit at close.
Wait to sell GBP 1.4830, RRR-50/+150pts, or settle profit at close.
Wait to buy EUR 0.8980, RRR-50/+100pts, or settle profit at close.
Wait to buy SWF 1.6450, RRR-50/+150pts, or settle profit at close.
Wait to buy GBP 1.4500, RRR-50/+150pts, or settle profit at close.
Wait to buy JPY 130.00, RRR-50/+150pts, or settle profit at close.

 

December 18, 2001
Remaining its the lead among the European majors, GBP continues to be well bid on the first day of the week. Its near term being 1.4680, GBP buyers may actually looking up at the taller target of 1.4850. However, to reach the latter price in one shot from its current 1.4600 level would make itself very vulnerable to technical selling by both buyers and sellers alike. Meanwhile, both EUR and SWF are expected to once again follow after GBP's stubborn advance against the dollar. EUR will move in a less-than-spectacular fashion in the direction of 0.9100, while SWF still has 1.6120 support to move toward. Until then, we will stick to buying the European majors at minimum risk of -50pts. JPY on the other hand will slow dance onto higher and higher grounds toward 130.00; hence, selling may be the name of game for yen traders for a while to come. Stay tuned.

Cut loss on EUR's 0.9030 sell (short) position at 0.9080.
Wait to sell JPY 127.00, RRR-50/+150pts, or settle profit at close.
Wait to buy EUR 0.8980, RRR-50/+100pts, or settle profit at close.
Wait to buy SWF 1.6430, RRR-50/+150pts, or settle profit at close.
Wait to buy GBP 1.4500, RRR-50/+150pts, or settle profit at close.

 

December 14, 2001
As expected, GBP's upside move is stonewalled near 1.4500 and its channel resistance line. Given the unchecked GBP rise from 1.4150 to 1.4500, the much anticipated GBP downside correction can still go a lot lower, perhaps to the support zone of 1.4300-1.4270. Hence, we will wait to grab another 1.4480 entry if and when it ticks there in the coming session. Once again, we will modify our EUR/SWF trading plans based on GBP's lead. Meanwhile, JPY is still aiming to touch its own channel resistance line at 127.00, which we too expect to hold firm again further selling. Bargain hunting buyers, such as ourselves, will place orders there to spoke away sellers. However, as we will illustrate in our Weekly Show tomorrow, should JPY settles this week above 127.00 resistance, the development will have sounded off a red alert to signal the coming of 130.00, as well as the start of next round of JPY selling trend. Stay tuned for Weekly Show.

Sold (short) GBP 1.4480, and took profit at 1.4430.
Wait to sell EUR 0.9030, RRR-50/+150pts, or settle profit at close.
Wait to sell SWF 1.6230, RRR-50/+150pts, or settle profit at close.
Wait to sell GBP 1.4480, RRR-50/+200pts, or settle profit at close.
Wait to buy EUR 0.8880, RRR-50/+150pts, or settle profit at close.
Wait to buy SWF 1.6600, RRR-50/+150pts, or settle profit at close.
Wait to buy GBP 1.4270, RRR-50/+150pts, or settle profit at close.
Wait to buy JPY 127.00, RRR-50/+150pts, or settle profit at close.

 

December 13, 2001
All four majors of EUR/SWF/GBP/JPY are moving according to our analysis, as well as the mighty DOW. Coming up next we should easily see JPY going to reach its upper channel resistance, now at 127.00. So, too, will GBP touch its own channel resistance near 1.4500. Similarly, following not far behind GBP's lead, EUR and SWF will have their own respective advance targets of 0.9080 and 1.6370 to go for. Having come so close to these targets, it may now be more prudent to wait ahead at their levels to sell them, rather than following their up to the selling points. For JPY, we will wait to buy it long at 127.00. Stay tuned.

Wait to buy JPY 127.00, RRR-50/+150pts, or settle profit at close.
Wait to sell EUR 0.9080, RRR-50/+100pts, or settle profit at close.
Wait to sell GBP 1.4480, RRR-50/+100pts, or settle profit at close.
Wait to sell SWF 1.6370, RRR-50/+100pts, or settle profit at close.

 

December 12, 2001
The latest .25% Fed rate cut seemed to serve as the last snail in the coffin on the dream of those who want to tempt DOW above 10100 resistance. We now have entered into the period of holiday trade when most market participant would prefer to have less of any excitement to push for either direction. DOW is to dip back for 9700 support before raging north any time soon. Dollar Index, meanwhile, quietly slid below its 116.10 support, settling the day right on top of its own channel support. Although it may be too early to be a signal of any major downside correction, it is far less certain that USD may charge back up the hill any time soon, either. All the European majors, however, are looking as bullish as ever. Both EUR and SWF are now fully turning around to follow GBP's path of advance against the dollar. They are highly expected to make additional gains in the days ahead. Stay tuned.

Wait to buy JPY 126.80, RRR-50/+100pts, or settle profit at close.
Wait to buy EUR 0.8900, RRR-50/+100pts, or settle profit at close.
Wait to buy GBP 1.4350, RRR-50/+100pts, or settle profit at close.
Wait to buy SWF 1.6580, RRR-50/+100pts, or settle profit at close.
Wait to sell EUR 0.9080, RRR-50/+100pts, or settle profit at close.
Wait to sell GBP 1.4480, RRR-50/+100pts, or settle profit at close.
Wait to sell SWF 1.6370, RRR-50/+100pts, or settle profit at close.

 

December 11, 2001
The first day of the week saw a market that has shifted in selling mode for DOW, JPY, CAD, and AUD. The continuing confusing picture is the European trio, of which GBP leads ahead in bullishness, while EUR/SWF stay back without clear signs of breakout in either direction. However, indicators for both EUR/SWF do show increasingly subdue reading during their latest sell-off, which may lend "divergence" support to the scenario of pending buying activities (already taking place openly in GBP). Given that the European trio move in opposite direction against USD, we will have to assume that together they will move in on the dollar soon. We will attempt to buy them, but do so at the cautious entries of EUR 0.8840 and SWF 1.6830.Meanwhile, JPY is to reach its channel resistance line at 126.70 in the coming session. As certain as it may be, the 126.70 level is also highly expected to hold against further selling, which should then turn into a downside correction as sellers unload their profits to bargain-hunting buyers. DOW should revisit its 9700 support, AUD may dip back down to 0.5080, and CAD is to head up to the area of 1.5850-80. Stay tuned.

Bought (long) GBP 1.4280, and took profit at 1.4340.
Wait to buy JPY 126.70, RRR-50/+150pts, or settle profit at close.
Wait to buy EUR 0.8840, RRR-50/+150pts, or settle profit at close.
Wait to buy GBP 1.4300, RRR-50/+150pts, or settle profit at close.
Wait to buy SWF 1.6830, RRR-50/+150pts, or settle profit at close.
 

December 7, 2001
As expected, another round of selling opportunity came to activate all of our sell (short) orders against the majors. The result this time, however, was mixed. GBP surprisingly took the lead among the majors to roar back against the dollar, first both our 1.4200 sell entry and its protective stop-loss order at 1.4250. Follow its lead in similar fashion, both EUR and SWF browsed by our sell orders and then cut them out at our stop-loss orders as well. The loss is made less bitter, however, by profits from our JPY's 124.00 sell (short) entry, which seems to weaken while the European majors strengthen. We now once again face USD's balance-act of retreating from the European majors while advancing upon Japanese yen. While everything else is as fuzzy as ever, JPY alone is displaying its unmistaken posture to run toward 126.00-30 channel resistance (see Weekly Chart). It will probably do so after a dip to 124.30 support. As unclear as why GBP is suddenly making the giant swing to the upside, its bullish move (if allowed to continue) is in fact technically possible to march up to 1.4500 in a hurry. For whatever this insight may be worth, we will attempt a buy (long) entry if and when it dips back down to 1.4230 support in the coming session. Stay tuned for Weekly Show.

Sold (short) GBP at 1.4200, and cut loss at 1.4250.
Sold (short) EUR at 0.8900, and cut loss at 0.8950.
Sold (short) SWF at 1.6560, and cut loss at 1.6510.
Sold (short) JPY at 124.00, and took profit at 124.80.
Wait to buy GBP 1.4230, RRR-50/+200pts, or settle profit at close.
Wait to buy JPY 126.30, RRR-50/+100pts, or settle profit at close.
Wait to sell JPY 124.30, RRR-50/+150pts, or settle profit at close.

 

December 6, 2001
As expected, the "stubborn" dollar resilience to withstand against majors' challenge signaled a surprise dollar bullish run (partially aided by DOW bullishness). As the majors retreated from USD, all of our sell (short) entries against the majors were blessed with profit. Given the powerful DOW rise (which, despite its bullish outlook, we think should be capped down below the 10100 Fib0nacci resistance), dollar may stay bullish for another session. Hence, we will attempt another round of selling against the majors in the coming session. Stay tuned.

Sold (short) EUR at 0.8930, and took profit at 0.8860.
Sold (short) SWF at 1.6500, and took profit at 1.6600.
Sold (short) GBP at 1.4240, and took profit at 1.4140.
Sold (short) JPY at 124.00, and took profit at 124.20.
Wait to sell EUR at 0.8900, RRR-50/+100pts, or settle profit at close.
Wait to sell GBP at 1.4200, RRR-50/+100pts, or settle profit at close.
Wait to sell SWF at 1.6560, RRR-50/+150pts, or settle profit at close.
Wait to sell JPY at 124.00, RRR-50/+100pts, or settle profit at close.

 

December 5, 2001
The market quieted down in the last session as the cat fights continue against both Afghan and Arafat. The upcoming US monthly jobless data, too, is weighing heavily on the minds of traders who prefer to wait it out rather than taking early positions before the news release on Friday. In lieu of a further retreat as we expected, Dollar Index stood firm just under its 116.10 support/resistance, as DOW hung around 9800 level. This dollar "stubborn" may be a signal to alert a pending dollar surprise that might spook the majors into fleeing in all directions. As such, we will reverse our dollar-selling posture to buying it against the majors in the coming session. Stay tuned.

Cut loss on AUD's 0.5200 buy position at 0.5150.
Sold (short) JPY at 123.70, and took profit at 124.20.
Wait to sell EUR at 0.8930, RRR-50/+100pts, or settle profit by close.
Wait to sell SWF at 1.6500, RRR-50/+100pts, or settle profit by close.
Wait to sell GBP at 1.4240, RRR-50/+100pts, or settle profit by close.
Wait to sell JPY at 124.00, RRR-50/+100pts, or settle profit by close.

 

December 4, 2001
Dollar made a little come back, bouncing off its channel support lines against CAD, SWF, as well as away from its own Dollar Index (see Weekly Charts). The overall picture, however, remains less than inspirational for dollar bulls just yet. Hence, we anticipate one more dollar shrink-away move (may be a very mild one) from the European majors in the coming session. As such, we will refine our next round of buying entries at the following levels. JPY on the other hand is looking for ways to probe the 124.40 resistance level again (possibly targeting 125.00 level). Stay tuned.

Holding AUD's 0.5200 buy position, RRR-50/+50pts.
Bought (long) EUR at 0.8900, and took profit at 0.8920.
Bought (long) SWF at 1.6480, and cut loss at 1.6530.
Bought (long) GBP at 1.4200, and took profit at 1.4250.
Wait to buy EUR at 0.8870, RRR-50/+100pts, or settle profit by close.
Wait to buy SWF at 1.6600, RRR-50/+100pts, or settle profit by close.
Wait to buy GBP at 1.4200, RRR-50/+100pts, or settle profit by close.
Wait to sell JPY at 123.70, RRR-50/+100pts, or settle profit by close.

 

November 30, 2001
Dollar regained some of its recent losses on report of sudden surge of durable goods orders (widely interpreted as a sign of public's new found interest in staying home more often). However, the fact that Dollar Index dipped down briefly below its 116.10 support may signal a further slide yet. In any case, we are still holding out our buying posture in majors' favor against the ongoing dollar correction. We will now need to see how the Dollar Index wraps up the week. Above its 116.10 support, it may recover more next week; below it, it will head down further for some time to come. Stay tuned for Weekly Show.

Holding AUD's 0.5200 buy position, RRR-50/+50pts.
Bought (long) SWF at 1.6530 RRR-50/+50pts, or settle profit by close.
Bought (long) JPY at 123.70, RRR-50/+50pts, or settle profit by close.
Wait to buy EUR at 0.8830, RRR-50/+100pts, or settle profit by close.
Wait to buy GBP at 1.4170, RRR-50/+100pts, or settle profit by close.

 

November 29, 2001
As expected, nearly all majors are turning against dollar while both USD and DOW are entering into a corrective mode going south. While barely missing a few of our buying entries, the market did grant us a couple of them to pick up some catch. According to our estimation, this dollar retreat may just be a mere start of more selling to come yet. As such, we will in the coming session move up our buy (long) entries even closer to the market action at the following levels. Stay tuned.

Bought GBP at 1.4130, and took profit at 1.4230.
Bought AUD at 0.5200, RRR-50/+100pts, or settle profit by close.
Wait to buy EUR at 0.8850, RRR-50/+100pts, or settle profit by close.
Wait to buy SWF at 1.6530 RRR-50/+100pts, or settle profit by close.
Wait to buy JPY at 123.70, RRR-50/+100pts, or settle profit by close.
Wait to buy GBP at 1.4200, RRR-50/+100pts, or settle profit by close.

 

November 28, 2001
Buyers and sellers spent another day squaring off and bluffing at each other. Although they ended up a little changed this session from the last one, dollar bulls may not hold much longer with this bluffing game. While a few majors (such as AUD and GBP) have made noticeable gains, nearly all are now displaying unmistakable technical postures to make their own breakouts against USD. So much so, that we feel compelled to get into the market more aggressively, as we will in the coming session move up our buy (long) entries at the following levels. Stay tuned.

Wait to buy EUR at 0.8800, RRR-50/+100pts, or settle profit by close.
Wait to buy SWF at 1.6630 RRR-50/+100pts, or settle profit by close.
Wait to buy GBP at 1.4130, RRR-50/+100pts, or settle profit by close.
Wait to buy JPY at 124.30, RRR-50/+100pts, or settle profit by close.
Wait to buy CAD at 1.6000, RRR-50/+100pts, or settle profit by close.
Wait to buy AUD at 0.5200, RRR-50/+100pts, or settle profit by close.

 

November 27, 2001
There were good signs at the start of this new week, which support our last Weekly Show's anticipation of a dollar "unloading" (downside correction). Dollar sellers were pushing for all targets of EUR 0.8840/SWF 1.6600/GBP 1.4200/JPY 123.70 on the first day of trading after the long Thanksgiving weekend. Although they shrunk away from their achieved targets of SWF 1.6600/GBP 1.4200, they did so without USD buyers chasing on their tails (perhaps due to the much anticipated lack of participants in the marketplace). Hence, in the presumed further absence of buyers' resistance, the next round of sellers against the dollar may indeed get to make their cake and eat it too. The tough part, as usual, is to identify an entry level that carries the minimum risk of losing. Be blessed or cursed, we now look at these levels (buying against USD) to be EUR 0.8730/SWF 1.6830/GBP 1.4030/JPY 125.00/CAD 1.6070/AUD 0.5160. Stay tuned.

Sold (short) SWF at 1.6600, and took profit at 1.6640.
Sold (short) GBP at 1.4200, and took profit at 1.4100.
Wait to buy EUR at 0.8730, RRR-50/+150pts, or settle profit by close.
Wait to buy SWF at 1.6830 RRR-50/+150pts, or settle profit by close.
Wait to buy GBP at 1.4030, RRR-50/+150pts, or settle profit by close.
Wait to buy JPY at 125.00, RRR-50/+150pts, or settle profit by close.
Wait to buy CAD at 1.6070, RRR-50/+100pts, or settle profit by close.
Wait to buy AUD at 0.5160, RRR-50/+100pts, or settle profit by close.

 

November 23, 2001
US' Thanksgiving Holiday is slowing the market to a near halt. With absence of opponents, JPY sellers are able to finally lift their trading to the border of 124.00, bringing our anticipated 125.00 target well within the range of their next thrust. However, once they get there, things should level out as buyers may take a turn to try out their hand. Meanwhile, GBP sellers too are quietly moving the line a skirmish to the border of 1.4100, subjecting 1.4000 for possible assault after the holiday. Stay tuned for Weekly Show.

Wait to buy EUR at 0.8670, RRR-100/+150pts, or settle profit by close.
Wait to buy SWF at 1.6950 RRR-100/+150pts, or settle profit by close.
Wait to buy GBP at 1.4000, RRR-50/+150pts, or settle profit by close.
Wait to buy JPY at 125.00, RRR-50/+150pts, or settle profit by close.
Wait to buy CAD at 1.6130, RRR-50/+150pts, or settle profit by close.
 

November 22, 2001
As expected in the last Daily Show, dollar rose above both SWF 1.6500 and JPY 123.00 to cut us a profitable break. Dollar rolled over CAD's 1.6000 benchmark one more time, pending on another try to poke at our long anticipated 1.6130 channel resistance. Coming up next we should watch whether USD will snake its way to reach EUR 0.8670/SWF 1.6950/GBP 1.4050/JPY 125.00/CAD 1.6130. If so, wait to buy the majors there for a dollar correction. Stay tuned.

Took profit on SWF's 1.6500 sell (short) position at 1.6600.
Took profit on JPY's 122.70 sell (short) position at 123.20.
Wait to buy EUR at 0.8670, RRR-100/+150pts, or settle profit by close.
Wait to buy SWF at 1.6950 RRR-100/+150pts, or settle profit by close.
Wait to buy GBP at 1.4050, RRR-50/+150pts, or settle profit by close.
Wait to buy JPY at 125.00, RRR-50/+150pts, or settle profit by close.
Wait to buy CAD at 1.6130, RRR-50/+150pts, or settle profit by close.

 

November 21, 2001
Both DOW and dollar softened a bit, shedding off some of their gains. However, none shied away too far to swing back at the pursuing sellers. Dollar should take a firm stand at EUR 0.8900, GBP 1.4300, and CAD 1.5800. It would also likely rise above SWF 1.6500 and JPY 123.00 back onto higher grounds. Stay tuned.

Took profit on GBP's 1.4130 buy (long) position at 1.4180.
Sold (short) SWF at 1.6500, RRR-50/+100pts, or settle profit by close.
Sold (short) JPY at 122.70, RRR-50/+100pts, or settle profit by close.
Wait to buy EUR at 0.8670, RRR-100/+150pts, or settle profit by close.
Wait to buy SWF at 1.6950 RRR-100/+150pts, or settle profit by close.
Wait to buy JPY at 125.00, RRR-50/+150pts, or settle profit by close.
Wait to buy CAD at 1.6100, RRR-50/+150pts, or settle profit by close.
Wait to sell EUR at 0.8900, RRR-50/+150pts, or settle profit by close.
Wait to sell GBP at 1.4300, RRR-50/+150pts, or settle profit by close.
Wait to sell CAD at 1.5800, RRR-50/+150pts, or settle profit by close.

 

November 20, 2001
As discussed in the last Weekly Show, this week's open saw both DOW and Dollar Index edging ahead to higher ground, the former testing 10k and the latter probing 117.80. Among the majors, GBP is the only one that marched away from dollar's advance to our anticipated 1.4130 level, while others remained relatively unchanged. GBP's downside move should be contained in the 1.4080-60 zone, while 1.4200 will come in as its initial upside resistance, followed by 1.4300. In the coming session, Dollar Index will try to reach its 117.80 resistance and DOW will approach 10100, before the duo will then turn around for downside correction. We revised the selling entries for the majors below, hoping to catch the very next dollar rise before its own turn to be sold. Stay tuned.

Bought GBP at 1.4130, RRR-100/+150pts, or settle profit by close.
Wait to buy EUR at 0.8670, RRR-100/+150pts, or settle profit by close.
Wait to buy SWF at 1.6950 RRR-100/+150pts, or settle profit by close.
Wait to buy JPY at 125.00, RRR-50/+150pts, or settle profit by close.
Wait to buy CAD at 1.6100, RRR-50/+150pts, or settle profit by close.
Wait to sell EUR at 0.8870, RRR-50/+150pts, or settle profit by close.
Wait to sell SWF at 1.6500, RRR-50/+150pts, or settle profit by close.
Wait to sell GBP at 1.4300, RRR-50/+150pts, or settle profit by close.
Wait to sell CAD at 1.5800, RRR-50/+150pts, or settle profit by close.
Wait to sell JPY at 122.70, RRR-50/+100pts, or settle profit by close.
 

November 16, 2001
DOW bulls continue to move upward as expected; their intend is to probe 1ok benchmark, and their target is 10100. Dollar Index on the other hand is trying to consolidate its gain at or above 116.50 level. Its pending target is 117.80 resistance, which would in terms of European majors be EUR 0.8670/SWF 1.6950/GBP 1.4200. Given that all ATS-3 trend following signals are lighting up in USD's favor, selling strategy against majors may be the most prudent way of trading in the days (or even weeks) to come. Stay tuned for Weekly Show.

Wait to buy EUR at 0.8670, RRR-100/+150pts, or settle profit by close.
Wait to buy SWF at 1.6950 RRR-100/+150pts, or settle profit by close.
Wait to buy GBP at 1.4200, RRR-100/+150pts, or settle profit by close.
Wait to sell EUR at 0.8900, RRR-50/+150pts, or settle profit by close.
Wait to sell SWF at 1.6500, RRR-50/+150pts, or settle profit by close.
Wait to sell GBP at 1.4500, RRR-50/+150pts, or settle profit by close.

 

November 15, 2001
DOW is clearly breaking out above 9700 resistance, signaling a bullish extension that will reach 10k again (but will stop at 10100). Dollar, too, is posturing for another advance onto higher grounds against the majors soon. As such, we continue to look forward to seeing USD probing the targets of EUR 0.8730/SWF 1.6950/GBP 1.4280, with EUR 0.8900/SWF 1.6500/GBP 1.4500 standing in as selling entries for majors' further retreat. ATS-3 trend following signal for SWF (see Daily Chart) has turned from buying to selling, joining in with the ATS-3 selling mode as EUR and GBP. Stay tuned.

Wait to buy EUR at 0.8730, RRR-50/+150pts, or settle profit by close.
Wait to buy SWF at 1.6950 RRR-50/+150pts, or settle profit by close.
Wait to buy GBP at 1.4280, RRR-50/+150pts, or settle profit by close.
Wait to sell EUR at 0.8900, RRR-50/+150pts, or settle profit by close.
Wait to sell SWF at 1.6500, RRR-50/+150pts, or settle profit by close.
Wait to sell GBP at 1.4500, RRR-50/+150pts, or settle profit by close.

 

November 14, 2001
As suspected in our last Daily Show, our selling bias leaning toward the European majors is proven true as dollar bulls came out of woods in full force as well as in concert with the Northern Alliance' entry into Kabul. DOW is also back on the border of 9700 resistance; settling a day above this level would lay a technical foundation to revisit 10k level again. Likewise, mob-up operations are expected ahead, as dollar bulls try to consolidate their gains by widening their advance a bit more. Having poked through its 116.10 resistance, Dollar Index may be finding its way to probe the higher target of 117.80, which in turn would translate into targets of EUR 0.8670/SWF 1.6950/GBP 1.4270. To go with this anticipated dollar advance, sellers may cease entry opportunities if and when the market swings back to EUR 0.8900/SWF 1.6550/GBP 1.4500. Stay tuned.

Wait to buy EUR at 0.8670, RRR-50/+150pts, or settle profit by close.
Wait to buy SWF at 1.6950 RRR-50/+150pts, or settle profit by close.
Wait to buy GBP at 1.4270, RRR-50/+150pts, or settle profit by close.
Wait to sell EUR at 0.8900, RRR-50/+150pts, or settle profit by close.
Wait to sell SWF at 1.6550, RRR-50/+150pts, or settle profit by close.
Wait to sell GBP at 1.4500, RRR-50/+150pts, or settle profit by close.

 

November 13, 2001
As expected in our last Weekly Show, DOW is taking on greater selling pressure to back down from 9700 level. Dollar on the other was yanked around on this week's open by unsure sellers, who left it relatively little changed. The only significant development took place in AUD which finally lifted up its head to poke at the 0.5210 resistance. It will likely peak there for a short while, and after a minor downside correction (to touch upon the low 0.5100s) may swing back to advance for 0.5320, a move that is pending upon a day close above 0.5210 resistance. Similarly, CAD's 1.6120 target should mark a peak for its ongoing selling drive. From there, it can easily turn around to correct itself down to 1.5850 level. With slight bias leaning toward selling, we have no imminent or definitive indication about European majors' next moves in the coming session. We will need to wait and see more. Stay tuned.

Sold (short) EUR at 0.9000, and took profit at 0.8950.
Sold (short) SWF at 1.6330, and cut loss at 1.6280.
Wait to sell EUR at 0.8980, RRR-50/+100pts, or settle profit by close.
Wait to sell SWF at 1.6300 RRR-50/+150pts, or settle profit by close.
Wait to sell GBP at 1.4600, RRR-50/+100pts, or settle profit by close.
Wait to sell JPY at 118.80, RRR-50/+100pts, or settle profit by close.
Wait to buy CAD at 1.6120, RRR-50/+100pts, or settle profit by close.

 

November 9, 2001
As expected, Dollar Index firmed up as DOW buyers finally probed 9700 resistance. CAD continues to tab-dance ever so gingerly just a few points short of 1.6000 benchmark. While all technical indications point to a pending downside correction, one would have to suspect whether CAD sellers' apparent lack of fear at 1.6000 would mean a final push for 1.6100. In any case, we will move back our buy order to 1.6080 for the coming session. Similarly, JPY buyers are adding more weight on 120.00 support, hoping to cave it down to the lower 118.70 support (which is very likely to arouse selling). Selling will also be the name of game for the European majors. As sellers are aiming once for targets of EUR 0.8840/SWF 1.6650/GBP 1.4440, their re-entry levels for reaching these goals may be EUR 0.8970/SWF 1.6370/GBP 1.4600. Stay tuned for Weekly Show.

Wait to sell EUR at 0.8970, RRR-50/+100pts, or settle profit by close.
Wait to sell SWF at 1.6370, RRR-50/+100pts, or settle profit by close.
Wait to sell GBP at 1.4600, RRR-50/+1050pts, or settle profit by close.
Wait to sell JPY at 118.80, RRR-50/+100pts, or settle profit by close.
Wait to buy CAD at 1.6080, RRR-50/+100pts, or settle profit by close.

 

November 8, 2001
Dollar Index weakened as the latest FED rate spooked both Asian and European markets. This, combined with our rush to shore up dollar, led to another round of cut loss in SWF and GBP. However, dollar stood its ground against Euro and quickly bounced back much of its/our losses to still remain in great shape. We continue to anticipate a pending bullish dollar run with DOW buyers who are rushing to reach 9700 resistance. We will wait at EUR 0.9100/SWF 1.6300/GBP 1.4730 to sell them down for dollars. CAD's selling should peak at 1.6000-20, JPY's buying may end near 120.00, and AUD will attempt to poke 0.5010 resistance soon. Stay tuned.

Sold (short) EUR at 0.9010, and took profit 0.8950.
Sold (short) SWF at 1.6350, and cut loss at 1.6300.
Sold (short) GBP at 1.4610, and cut loss at 1.4660.
Wait to sell EUR at 0.9100, RRR-50/+150pts, or settle profit by close.
Wait to sell SWF at 1.6300, RRR-50/+150pts, or settle profit by close.
Wait to sell GBP at 1.4730, RRR-50/+150pts, or settle profit by close.
Wait to buy CAD at 1.6020, RRR-50/+150pts, or settle profit by close.

 

November 7, 2001
CAD sellers continue to poke at the 1.6000 benchmark target, so are we waiting to beat them down with buy orders. The European majors on the other hand slow down to a halt within our already narrowed trading orders. AUD once again breaks away from 0.5060 level to the upside, targeting now 0.5210 resistance. Dollar Index is as mute as everyone else, but it looks slightly in favor of a pending bullish run with DOW buyers who are trying to push for a breakout for 9700. As such, we will try to move a little closer to selling the European majors in dollar's favor. Sell levels are EUR 0.9010/SWF 1.6350/GBP 1.4610, and buy levels are EUR 0.8750/SWF 1.6650/GBP 1.4370. The latest Fed's 0.5% rate cut has no immediate impact in the marketplace, as it maybe matched by similar rate cuts from central bankers around the world. If not, which is unlikely, the rate cut trend would fundamentally harm dollar's strength in the long run. Stay tuned.

Wait to buy EUR at 0.8750, RRR-50/+150pts, or settle profit by close.
Wait to buy SWF at 1.6650, RRR-50/+150pts, or settle profit by close.
Wait to buy GBP at 1.4370, RRR-50/+150pts, or settle profit by close.
Wait to buy CAD at 1.6000, RRR-50/+150pts, or settle profit by close.
Wait to sell EUR at 0.9010, RRR-50/+150pts, or settle profit by close.
Wait to sell SWF at 1.6350, RRR-50/+150pts, or settle profit by close.
Wait to sell GBP at 1.4610, RRR-50/+150pts, or settle profit by close.
Wait to sell CAD at 1.5800, RRR-50/+150pts, or settle profit by close.

 

November 6, 2001
As expected, CAD sellers are still lurking at the 1.6000 benchmark target. More significantly, this level will be tested and profit-taking sellers are highly expected to join bargain-hunting buyers there. Meanwhile, the three European majors are moving to their softer side, possibly to levels of EUR 0.8870/SWF 1.6530/GBP 1.4500 before swinging back to regain strength again. To go with their selling first, we will bring up entry orders closer to the market action at EUR 0.9030/SWF 1.6350/GBP 1.4680. Stay tuned.

Wait to buy EUR at 0.8870, RRR-50/+150pts, or settle profit by close.
Wait to buy SWF at 1.6530, RRR-50/+150pts, or settle profit by close.
Wait to buy GBP at 1.4500, RRR-50/+150pts, or settle profit by close.
Wait to buy CAD at 1.6000, RRR-50/+150pts, or settle profit by close.
Wait to sell EUR at 0.9030, RRR-50/+150pts, or settle profit by close.
Wait to sell SWF at 1.6350, RRR-50/+150pts, or settle profit by close.
Wait to sell GBP at 1.4680, RRR-50/+150pts, or settle profit by close.
Wait to sell CAD at 1.5800, RRR-50/+150pts, or settle profit by close.

 

November 2, 2001
As expected, dollar's bearish technical posture took effect as its buyers backed away from emerging sellers. Should dollar keep retreating in the coming session, it would still target EUR 0.9200s/SWF 1.6000s/GBP 1.4700s. AUD bounced off 0.5000 support as CAD finally reached 1.5870 resistance. The latter is to ride its upward momentum to touch 1.6000 benchmark price, where sellers are highly to join buyers for a downside correction. Stay tuned for Weekly Show.

Wait to buy CAD at 1.6000, RRR-50/+150pts, or settle profit by close.
Wait to sell EUR at 0.9200, RRR-50/+150pts, or settle profit by close.
Wait to sell SWF at 1.6000, RRR-50/+150pts, or settle profit by close.
Wait to sell GBP at 1.4720, RRR-50/+150pts, or settle profit by close.

 

November 1, 2001
Dollar regained a little ground in the last session, but it still remains technically poised to back away from the majors in the coming session(s). As such, we anticipate the next round of dollar sell-off to take place near levels of EUR 0.8930/GBP 1.4470/SWF 1.6440. The targeted dollar retreat levels continue to be EUR 0.9230/GBP 1.4720/SWF 1.6000. JPY is aiming at 123.00 still; whether it may be retargeting 124.00 remains to be seen. Stay tuned.

Took profit on JPY's 122.00 sell (short) position at 122.50.
Wait to buy EUR at 0.8930, RRR-50/+150pts, or settle profit by close.
Wait to buy SWF at 1.6440, RRR-50/+150pts, or settle profit by close.
Wait to buy GBP at 1.4470, RRR-50/+150pts, or settle profit by close.
Wait to sell EUR at 0.9230, RRR-50/+150pts, or settle profit by close.
Wait to sell SWF at 1.6000, RRR-50/+150pts, or settle profit by close.
Wait to sell GBP at 1.4720, RRR-50/+150pts, or settle profit by close.

 

October 31, 2001
As expected, dollar remains soft while DOW retreats further south. Dollar Index is to drift down to its previous support level of 112.80, as DOW is nosing down below 0.9000 support once again. In terms of the majors, dollar bears will go for scattered targets of EUR 0.9230, GBP 1.4700, SWF 1.6000, and JPY 121.00. Stay tuned.

Holding JPY's 122.00 sell (short) position, RRR-50/+50pts.
Wait to sell EUR at 0.9230, RRR-50/+100pts, or settle profit by close.
Wait to sell SWF at 1.6000, RRR-50/+100pts, or settle profit by close.
Wait to sell GBP at 1.4720, RRR-50/+100pts, or settle profit by close.

 

October 30, 2001
Both DOW and dollar took a hit as investors suddenly took a notice of upcoming event of US monthly jobless data (to be released on Friday). For fear that it may be worth a lot less of market rebound, they all took a step back to hold on to their pockets for now. The prospect of a never-ending war between cavemen and star invaders is not playing very well, either, on the minds of market psychology. Consequently and very uncharacteristic of its Weekly-Show-analyzed pattern, dollar in lieu of a bullish rise caved in perfectly against our expectation, rendering losses to nearly all of our sell (short) orders against the majors. Should it retreat further for the European majors, dollar will have run away to SWF 1.6100/EUR 0.9130/GBP 1.4670 before mounting a comeback recovery. Buyers for majors on the other hand can take advantage of the situation by going in to chase after the ongoing dollar retreat at EUR 0.9000/SWF 1.6430/GBP1.4470/JPY 123.00. Stay tuned.

Cut loss on GBP's 1.4370 sell (short) position at 1.4420.
Sold (short) SWF at 1.6450, and cut loss at 1.6400.
Sold (short) EUR at 0.9000, and cut loss at 0.9050.
Sold (short) GBP at 1.4430, and cut loss at 1.4480.
Sold (short) JPY at 122.00, RRR-50/+100pts, or settle profit by close.
Wait to buy EUR at 0.9000, RRR-50/+100pts, or settle profit by close.
Wait to buy SWF at 1.6430, RRR-50/+100pts, or settle profit by close.
Wait to buy GBP at 1.4470, RRR-50/+100pts, or settle profit by close.
Wait to buy JPY at 123.00, RRR-50/+100pts, or settle profit by close.
Wait to sell EUR at 0.9130, RRR-50/+100pts, or settle profit by close.
Wait to sell SWF at 1.6100, RRR-50/+100pts, or settle profit by close.
Wait to sell GBP at 1.4670, RRR-50/+100pts, or settle profit by close.

 

October 26, 2001
Forex market remains quiet for yet another session. It might be that way again in the coming session as well. For day trade purpose to wrap up the week, we will bring our buy (long) orders for the majors closer to the market action at EUR 0.8850/SWF 1.6650/GBP 1.4200. JPY on the other hand is still expected to move toward 124.00 before heading back down again for 120.00 support. Stay tuned for Weekly Show.

Sold (short) SWF at 1.6450, and took profit at 1.6530.
Wait to buy EUR at 0.8850, RRR-50/+100pts, or settle profit by close.
Wait to buy SWF at 1.6650, RRR-50/+100pts, or settle profit by close.
Wait to buy GBP at 1.4200, RRR-50/+100pts, or settle profit by close.
Wait to buy JPY at 124.00, RRR-50/+100pts, or settle profit by close.
Wait to sell SWF at 1.6450, RRR-50/+100pts, or settle profit by close.
Wait to sell EUR at 0.9000, RRR-50/+100pts, or settle profit by close.
Wait to sell GBP at 1.4370, RRR-50/+100pts, or settle profit by close.
Wait to sell JPY at 120.00, RRR-50/+100pts, or settle profit by close.

 

October 25, 2001
Forex market continues to hold tightly ranged for the third day in a row, yielding no clear clues about its next move. Meanwhile, our ATS-3 trend following system is confirming a trend reversal for EUR and GBP, from buying to selling (see Daily Charts). As such, we will prepare our next round of sell (short) entries against the major at EUR 0.9000/SWF 1.6450/GBP 1.4370. JPY on the other is still expected to move toward 124.00 before heading back down again for 120.00 support. Stay tuned.

Wait to buy EUR at 0.8730, RRR-50/+150pts, or settle profit by close.
Wait to buy SWF at 1.6830, RRR-50/+150pts, or settle profit by close.
Wait to buy GBP at 1.4130, RRR-50/+150pts, or settle profit by close.
Wait to buy JPY at 124.00, RRR-50/+150pts, or settle profit by close.
Wait to sell EUR at 0.9000, RRR-50/+150pts, or settle profit by close.
Wait to sell SWF at 1.6450, RRR-50/+150pts, or settle profit by close.
Wait to sell GBP at 1.4370, RRR-50/+150pts, or settle profit by close.
Wait to sell JPY at 124.00, RRR-50/+150pts, or settle profit by close.

 

October 24, 2001
As expected, dollar continues to consolidate its gains over the majors, but at a slower than expected pace during the last session. This latter lazy behavior prompts us to suspect that dollar bulls may have indeed come close to the start of their correction near the levels of EUR 0.8850/SWF 1.6650/GBP 1.4130/JPY 123.00. Cautiously, however, we will wait to sell dollar short at EUR 0.8730/SWF 1.6840/GBP 1.4130/JPY 124.00. On the other hand, to stay out of way from a pending dollar sell-off, we will suspend dollar buying orders of EUR 0.8950/SWF 1.6550/GBP 1.4270/JPY 122.00 in the coming session. Stay tuned.

Wait to buy EUR at 0.8730, RRR-50/+150pts, or settle profit by close.
Wait to buy SWF at 1.6830, RRR-50/+150pts, or settle profit by close.
Wait to buy GBP at 1.4130, RRR-50/+150pts, or settle profit by close.
Wait to buy JPY at 124.00, RRR-50/+150pts, or settle profit by close.

 

October 23, 2001
As expected in our last Weekly Show, US dollar goes on to strengthen against all majors across the board. Upon double-checking with our charts, we continue to hold the view that dollar is to target the levels of EUR 0.8850/SWF 1.6650/GBP 1.4130/JPY 123.00/CAD 1.5870/AUD 0.5000. More significantly, dollar now is carrying the look of going for much higher levels, such as EUR 0.8730/SWF 1.6950/GBP 1.3980/JPY 124.00. To catch the continuing dollar bull run, sellers against the majors may now come down even closer to the market action at EUR 0.8950/SWF 1.6550/GBP 1.4270/JPY 122.00. Stay tuned.

Wait to sell EUR at 0.8950, RRR-50/+200pts, or settle profit by close.
Wait to sell SWF at 1.6550, RRR-50/+200pts, or settle profit by close.
Wait to sell GBP at 1.4270, RRR-50/+200pts, or settle profit by close.
Wait to sell JPY at 122.00, RRR-50/+200pts, or settle profit by close.
Wait to buy EUR at 0.8730, RRR-50/+150pts, or settle profit by close.
Wait to buy SWF at 1.6930, RRR-50/+150pts, or settle profit by close.
Wait to buy GBP at 1.3980, RRR-50/+150pts, or settle profit by close.
Wait to buy JPY at 124.00, RRR-50/+150pts, or settle profit by close.

 

October 19, 2001
The market remained tightly ranged for another session, but it is steadily edging toward an increasingly certain dollar upside breakout. The three European majors, in particular, seem perfectly poised to retreat from USD to levels of EUR 0.8850/SWF 1.6570/GBP 1.4200. To catch the pending retreat, sellers may still be able to cease entries at EUR 0.9070/SWF 1.6330/GBP 1.4500. CAD swung back from the border of 1.5530 support to retarget 1.5850 high; it will peak at 1.5870. Stay tuned for Weekly Show.

Wait to sell EUR at 0.9070, RRR-50/+100pts, or settle profit by close.
Wait to sell SWF at 1.6330, RRR-50/+100pts, or settle profit by close.
Wait to sell GBP at 1.4500, RRR-50/+100pts, or settle profit by close.
Wait to sell JPY at 120.70, RRR-50/+100pts, or settle profit by close.
Wait to buy EUR at 0.8850, RRR-50/+100pts, or settle profit by close.
Wait to buy SWF at 1.6570, RRR-50/+100pts, or settle profit by close.
Wait to buy GBP at 1.4200, RRR-50/+100pts, or settle profit by close.
Wait to buy JPY at 123.00, RRR-50/+100pts, or settle profit by close.

 

October 18, 2001
As Anthrax spores slowly creep into the Capitol Hill, so too is dollar firming up against majors. Although the market as a whole appears still timid about making a breakout move outside its week-long narrow ranges, it is generally leaning in favor of DOW and USD. Hence, the next move will probably strengthen the duo a bit more. Dollar buying levels are now revised to EUR 0.9100/SWF 1.6300/GBP 1.4550/JPY 120.70. We are looking for dollar to push toward targets of EUR 0.8850/SWF 1.6570/GBP 1.4200/JPY 123.00. Stay tuned.

Wait to sell EUR at 0.9100, RRR-50/+100pts, or settle profit by close.
Wait to sell SWF at 1.6300, RRR-50/+100pts, or settle profit by close.
Wait to sell GBP at 1.4550, RRR-50/+100pts, or settle profit by close.
Wait to sell JPY at 120.70, RRR-50/+100pts, or settle profit by close.
Wait to buy EUR at 0.8850, RRR-50/+100pts, or settle profit by close.
Wait to buy SWF at 1.6570, RRR-50/+100pts, or settle profit by close.
Wait to buy GBP at 1.4200, RRR-50/+100pts, or settle profit by close.
Wait to buy JPY at 123.00, RRR-50/+100pts, or settle profit by close.

 

October 17, 2001
Both Afghan bombing and America Anthrax saga go on as the market takes a back seat to watch all of this unfold before it. The forex price levels didn't change today as it hadn't yesterday. Hence, what was said for the last session is now being said about the coming session. All trade plans stay put and intact. For reason unknown to us, all of our Daily Shows after the fateful September 11th post were erased from our Daily Show page for a time until today. Whatever the cause it might have been, we apologize to our viewers for the confusion and inconvenience. Should viewers have similar problems in the future, please feel free to let us know and work to correct it. Stay tuned.

Took profit on GBP's 1.4500 sell (short) position at 1.4470.
Wait to sell EUR at 0.9200, RRR-50/+100pts, or settle profit by close.
Wait to sell SWF at 1.6100, RRR-50/+100pts, or settle profit by close.
Wait to sell GBP at 1.4600, RRR-50/+100pts, or settle profit by close.
Wait to sell JPY at 120.00, RRR-50/+100pts, or settle profit by close.
Wait to buy EUR at 0.8850, RRR-50/+100pts, or settle profit by close.
Wait to buy SWF at 1.6570, RRR-50/+1050pts, or settle profit by close.
Wait to buy GBP at 1.4200, RRR-50/+100pts, or settle profit by close.
Wait to buy JPY at 123.00, RRR-50/+100pts, or settle profit by close.

 

October 16, 2001
The mail-in Anthrax scare has over the weekend become an Anthrax saga, as more cases have popped up here and there across America. The market is as good as anyone at guessing what to do with this kind of terror, so it opened the week with a subdued mood and movement. We will have to stay back for selling opportunities at EUR 0.9200/GBP 1.4600/SWF 1.6100/JPY 120.00, and for buying opportunities at EUR 0.8850/GBP 1.4200/SWF 1.6570/JPY 123.00. CAD is edging down ever so close to its 1.5530 target, which is expected to prove a firm support for sellers to regroup strength. AUD opened the week with a jump over its 0.5060 resistance; this move will carry itself right up to 0.5210 resistance before nosing down for a gap-fill correction, aiming 0.5060 as a support. Stay tuned.

Took profit on GBP's 1.4500 sell (short) position at 1.4470.
Wait to sell EUR at 0.9200, RRR-50/+100pts, or settle profit by close.
Wait to sell SWF at 1.6100, RRR-50/+100pts, or settle profit by close.
Wait to sell GBP at 1.4600, RRR-50/+100pts, or settle profit by close.
Wait to sell JPY at 120.00, RRR-50/+100pts, or settle profit by close.