New Orders for EUR and AUD 02.19.17, 6 Orders Total

Swing

#1 CANCEL EUR/GBP, EUR/AUD and AUD/NZD Orders

#2 KEEP AUD/USD Buy order at 0.9117 & GBP/AUD Sell Order at 1.8378 (details below)

We have flash PMI numbers from the Eurozone and China scheduled for release over the next 24 hours. These reports can have a significant impact on Euro and the Australian dollar. We are primarily looking for weaker releases but given the concerns about Chinese and Eurozone growth, the larger surprise and hence greater move will be to the upside. Therefore we are laying out the following orders ahead of these releases.

New Orders

1. Place Order to Buy EUR/USD at 1.3847


Stop 1.3787

Close half at 1.3877 move stop to 1.3847

Close rest at 1.3975

2. Place Order to Buy EUR/NZD at 1.6627


Stop 1.6527

Close half at 1.6677 move stop to 1.6627

Close rest at 1.6727

3. Place Order to Sell EUR/CAD at 1.4981


Stop 1.5081

Close half at 1.4931 move stop to 1.4981

Close rest at 1.4881

4. Place Order to Sell AUD/CAD at 0.9825


Stop 0.9885

Close half at 0.9795 move stop to 0.9825

Close rest at 0.9712

We still have the following pending orders:

5. Place Order to Buy AUD/USD at 0.9117


Stop 0.9057

Close half at 0.9147 move stop to b/e

Close rest at 0.9275

6. Place Order to Sell GBP/AUD at 1.8378


Stop 1.8478

Close half at 1.8328 move stop to b/e

Close rest at 1.8278


New Policy: Keep all orders on until canceled. We will allow for 2 live trades at a time

Update! New EUR/JPY Order, 4 orders Total

Swing

New Order for EUR/JPY

1. Place Order to Buy EUR/JPY at 140.39


Stop 139.39

Close half at 140.89 move stop to b/e

Close rest at 141.39

We had good Eurozone GDP numbers and EUR/USD is mustering a break above 1.37. If we get a turnaround in USD/JPY, EUR/JPY could finally break through 140 in a meaningful way. The tight consolidation around this level points to a potential breakout in the very near future.

We still have the following pending orders:

2. Place Order to Sell EUR/GBP at 0.8140


Stop 0.8200

Close half at 0.8110 move stop to b/e

Close rest at 0.8025

3. Place Order to Sell EUR/AUD at 1.4943

Stop at 1.5043

Close half at 1.4893, move stop to break-even

Close rest 1.4843

4. Place order to Sell AUD/NZD at 1.0730


Stop at 1.0790

Close half at 1.0700, move stop to break-even

Close rest 1.0525


New Policy: Keep all orders on until canceled. We will allow for 2 live trades at a time

Update New Orders for 02.12.14 – 5 Orders Total

Swing

We are refreshing our EUR/AUD orders and new orders for AUD/NZD, GBP/CAD and GBP/CHF

These are our orders for 02.12.14

1. Place Order to BUY GBP/JPY at 170.18


Stop 169.18

Sell half at 170.68 move stop to b/e

Sell rest at 171.18

2. Place Order to Sell EUR/AUD at 1.4943

Stop at 1.5043

Close half at 1.4893, move stop to break-even

Close rest 1.4843

3. Place order to Sell AUD/NZD at 1.0730


Stop at 1.0790

Close half at 1.0700, move stop to break-even

Close rest 1.0525

4. Place order to Buy GBP/CHF at 1.5038


Stop at 1.4938

Close half at 1.5088, move stop to break-even

Close rest 1.5138

5. Place Order to Buy GBP/CAD at 1.8287


Stop at 1.8187

Close half at 1.8337, move stop to break-even

Close rest 1.8387

The market has responded positively to the BoE’s Inflation report and we think the rally in GBP has continuation. Tonight we have Australian employment numbers on tap and our EUR/AUD and AUD/NZD trades are in anticipation of that release.


New Policy: Keep all orders on until canceled. We will allow for 2 live trades at a time

02.11.14 Update! New EUR/AUD Order, 4 Orders Total

Swing

We are currently long EUR/JPY

Here is a NEW EUR/AUD order ahead of Chinese trade & Australian employment:

1. Place Order to Sell EUR/AUD at 1.4943

Stop at 1.5043

Close half at 1.4893, move stop to break-even

Close rest 1.4843

We still have the following pending orders on the books:

2. Place order to Buy GBP/USD at 1.6522


Stop at 1.6462

Close half at 1.6552, move stop to break-even

Close rest 1.6650

3. Place order to Sell AUD/JPY at 89.75


Stop at 90.35

Close half at 89.45, move stop to break-even

Close rest 88.30

4. Place Order to Sell GBP/CAD at 1.7937


Stop at 1.8037

Close half at 1.7887, move stop to break-even

Close rest 1.7837

There are 4 tradable event risks this week — Fed Chairman Janet Yellen’s testimony on the economy and monetary policy, the Bank of England Inflation Report, Chinese Trade Balance and Australian Employment numbers. We are adjusting our orders today so that we are properly positioned for these events. For Yellen’s testimony, our EUR/JPY and AUD/JPY orders will take advantage of risk/risk off. The AUD/JPY position will also be affected by Australia’s employment report and Chinese trade balance. We expect that either GBP/USD and GBP/CAD trades will become a live trade following the BoE Inflation Report while our EUR/AUD trade is a pure Australian employment play.


New Policy: Keep all orders on until canceled. We will allow for 2 live trades at a time

BKSWING 02.10.14 Update – New Orders for AUD & GBP – 5 Orders Total

Swing

We are adjusting our orders for the new trading week.

CANCEL GBP/JPY, EUR/AUD, CAD/CHF orders

Keep EUR/JPY and GBP/CAD orders

New Orders for AUD/USD, AUD/JPY, GBP/USD

1.Place order to Buy AUD/USD at 0.9016


Stop at 0.8956

Close half at 0.9046, move stop to break-even

Close rest 0.9165

2. Place order to Buy GBP/USD at 1.6522


Stop at 1.6462

Close half at 1.6552, move stop to break-even

Close rest 1.6650

3. Place order to Sell AUD/JPY at 89.75


Stop at 90.35

Close half at 89.45, move stop to break-even

Close rest 88.30

We are keeping the following orders on:

4. Buy Order for EUR/JPY


Place Order to Buy EUR/JPY at 140.22

Stop at 139.22

Close half at 140.72, move stop to break-even

Close rest 141.22

5. Place Order to Sell GBP/CAD at 1.7937


Stop at 1.8037

Close half at 1.7887, move stop to break-even

Close rest 1.7837

There are 4 tradable event risks this week – Fed Chairman Janet Yellen’s testimony on the economy and monetary policy, the Bank of England Inflation Report, Chinese Trade Balance and Australian Employment numbers. We are adjusting our orders today so that we are properly positioned for these events. For Yellen’s testimony, our EUR/JPY and AUD/JPY orders will take advantage of risk/risk off. The AUD/JPY position will also be affected by Australia’s employment report and Chinese trade balance. We expect that either GBP/USD and GBP/CAD trades will become a live trade following the BoE Inflation Report while our AUD/USD trade is a pure Australian employment play.

*** Remember we allow for 2 Live Trades at a time. We will update you on which orders to cancel