Yesterday we were selling: 2 EUR/USD positions from 1.2925 (SL at break even), 1 GBP/USD position from 1.5152 (SL at 1.5193) We were buying: 2 USD/CAD positions from 1.0277 (SL 1.0236). Both EUR/USD positions were closed with 0 profit, as the spike up touched the ...
Yesterday I told you that USD dollar is only retracing to gain further momentum and that we shall see some movements in the trend direction. I also told you that you should sell EUR/USD from 1.2925 with stops at 1.2940. ...
Like I said yesterday we might be seeing some retracement of major pairs and it happened. Sooner or later the price gets exhausted and it needs to breathe. Consolidations and retracements are necessary for trending movements. The trend may, in ...
Last week the fx market presented unique opportunities to enter easily predictable trades, when the trending conditions prevailed in most fx pairs. I was buying USD/JPY, USD/CAD and selling EUR/USD and GBP/USD. Most of those positions were closed in good ...
Yesterday I was buying USD/CAD (1.0191) and USD/JPY (102.38). Stops were moved up, but my positions were not closed. So we’re still in a trade. I am planning to close one of my USD/CAD positions as it reaches 1.0250 profit ...