Spikes and breakouts | now what?

On May 23, 2013 | By | In Forex signals

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 ...

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Still buying USD, ranging is possible

On May 22, 2013 | By | In Forex signals

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. ...

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Wait for the EUR/USD and GBP/USD price to go up and sell

On May 21, 2013 | By | In Forex signals

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 ...

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The USD trend is still up

On May 20, 2013 | By | In Forex signals

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 ...

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Hold your USD long positions against majors

On May 17, 2013 | By | In Forex signals

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 ...

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