Still selling USD/JPY, move stops lower

On April 11, 2014 | By | In Currency forecast

We are still shorting our one USD/JPY position from 102.93. Our stop loss yesterday was moved to 102.19 and for today I recommend moving it even lower – to 102.00. In case it’s hit, we would still have 93 pips ...

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Hold USD/JPY short trade; Sell EUR/USD and EUR/JPY

On April 10, 2014 | By | In Currency forecast

Yesterday we were selling our last EUR/JPY position from 141.35 with stop loss at 141.30 – 5 pips lower than our entry. Stop loss was hit, so we earned only 5 pips. However, don’t forget that our target (if hit) ...

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Keep your USD/JPY and EUR/JPY sell trades. Add more JPY sell positions

On April 9, 2014 | By | In Currency forecast

Yesterday we successfully sold USD/JPY and EUR/JPY.   My yesterday signal for USD/JPY was selling it from 102.93 with the stop loss at 103.30. The first profit target at 102.53 (40 pips) was reached in a few hours after my signals post. ...

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On April 8, 2014 | By | In Currency forecast

Yesterday I recommended selling EUR/USD, GBP/USD and several JPY pairs. After bigger than expected bounces up, JPY pairs have slide down again and this gives us an opportunity to sell them again.   I see that EUR/JPY has made a 4 hour ...

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Sell EUR/USD, GBP/JPY and EUR/JPY on bounces

On April 7, 2014 | By | In Currency forecast

I recommended selling GBP/USD and EUR/USD on Friday.   EUR/USD trade was hit with a stop loss of 31 pip. I still see it as descending pair and my recommendation would be selling it from 1.3715 with the stop loss at 1.3740. ...

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