Wait for the rouble to go down again and sell JPY pairs

On December 18, 2014 | By | In Currency forecast

Yesterday we sold USD/JPY, but it didn‘t reach our profit target and if you were still holding the sell trade during the FOMC statement which happened at 21:00, stop losses must have been hit. I was expecting the big drop on ...

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High volatility expected with the Russian financial crisis. Sell JPY pairs.

On December 17, 2014 | By | In Currency forecast

With the current drop in the Russian rouble, stock markets are reacting accordingly, which means that JPY pairs may be preparing for a bigger drop. Yesterday all JPY pairs dropped for almost 200 and more pips, but the drops was ...

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Buy GBP/USD and EUR/USD again on a dip

On December 15, 2014 | By | In Currency forecast

On Friday I recommended selling USD/JPY and buying EUR/USD and GBP/USD. Two of my fx signals were quite successful, one buy signal (GBP/USD) was set too low and the pair didn‘t reach the pending buy order. We bought EUR/USD from 1.2404 ...

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Sell USD/JPY and buy GBP/USD and EUR/USD now

On December 12, 2014 | By | In Currency forecast

I have been silent for almost two weeks, but for a good reason. Apart from health matters, I didn’t really see good opportunities to enter long or short positions in the EUR/USD and GBP/USD front. Both pairs had advanced south pretty ...

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Buy EUR/USD and GBP/USD on a dip

On November 27, 2014 | By | In Currency forecast

We made one successful trade on Tuesday longing GBP/USD from 1.5672 with stops moved to 1.5646. Our profit target was fixed at 1.5735 and it was reached, bringing us 63 pips of profit again.When you have such a winning streak ...

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