2008-07-15
closed positions (CP):
eur/chf -68 pips
gbp/usd +296 pips
eur/usd +46 pips
usd/jpy +184 pips
eur/gbp -17 pips
gbp/usd +183 pips
usd/chf +95 pips
current open positions (OP):
sell usd/jpy +226 pips
buy usd/cad -2 pips
usd/jpy: Based on MN1 chart, there's a good chance that the trend on W1 is going to end soon. The open position can be held for a relative long period; and there will be plenty of chances for adding on.
usd/cad: On W1, the trend seems to be established and it is reasonable, though not very safe, to enter a long position with the signal on D1 chart.
In the comming days of this week, it is very likely that all the non-usd's are gonna enter retraces of H4-level; after that, if the long trends on D1/W1 have not been broken, then there come the golden chances for entering H4-level long positions for most of the, if not all, non-usd currencies.
closed positions (CP):
eur/chf -68 pips
gbp/usd +296 pips
eur/usd +46 pips
usd/jpy +184 pips
eur/gbp -17 pips
gbp/usd +183 pips
usd/chf +95 pips
current open positions (OP):
sell usd/jpy +226 pips
buy usd/cad -2 pips
usd/jpy: Based on MN1 chart, there's a good chance that the trend on W1 is going to end soon. The open position can be held for a relative long period; and there will be plenty of chances for adding on.
usd/cad: On W1, the trend seems to be established and it is reasonable, though not very safe, to enter a long position with the signal on D1 chart.
In the comming days of this week, it is very likely that all the non-usd's are gonna enter retraces of H4-level; after that, if the long trends on D1/W1 have not been broken, then there come the golden chances for entering H4-level long positions for most of the, if not all, non-usd currencies.