I think today is one of those mornings, after losing money on an illiquid Monday morning due to good size internal SL orders and no chance to make it back as you left the office at 10.00 AM in the morning, even before Londoners woke up.

With two-three trading ideas in mind, leaving some positions open and orders  was the idea to get involved while sleeping but those were canceled by an invisible hand overnight and the opportunity cost was  half of the P&L number yesterday. I must admit, I’ve never had any intervention on my overnight positions as long as I was in position size and P&L limits before which was the case yesterday as well, still in shock with no explanation except saying AUDUSD looked bid. Well, It looks like it was only my bid at 0.9305 when I was buying back that short and printed 0.9235 this morning.

When I started to type down the post this morning, one of the China Sovereign Fund official said that Dollar hit the bottom, limited topside room to fall further and Yen would continue to fall. As you could imagine, EURUSD collapsed from 1.4485 to 1.4453 with ACBs on the offer and USDJPY rallied up to 92.43 on a bounce from 91.85.

I managed to get some Cable at 1.6075-80 area, counting on the Swiss bids in regular sizes between 62-75 with a tight SL at 60, and cheap EURUSD at 1.4465 with a tight SL at 1.4445 which is  the 38.2% fibonnaci retrace level of  1.4264 to 1.4557 rally.

Same official who seems to be taken some special medicines so far this morning hit the wires once again saying that comments were his personal views. EURUSD rallied from the lows up to 1.4495 and Cable to 1.6095.

Still tilting at windmills and expecting another squeeze higher in majors before London gets in.

Lets hope and stay tight..