[B]Results 12.01.[/B]
[B]USD/CHF[/B]
[B]Signal:[/B] This pair is still on uptrend, retracement at 0.9515/20, break is to our short term buy signals while on the upside toward high at 0.9565/70, above is powering the trend to our short term sell signals.
[B]Trade:[/B] Short with breaking the retracement lines. TP 2 @ 0.9440/45 reached for a profit of [B]+70 pips[/B].
[B]USD/JPY[/B]
[B]Signal:[/B] This pair is still on downtrend, retracement at 76.85/90, break is to our short term sell signals while on the downside toward our short term buy signals and low is at 76.20/30.
[B]Trade:[/B] This pair broke the retracement lines downwards, but would soon change the direction to break the lines in an upward move, then go down to bounce up and down in between the lines before finally breaking the retracement lines for a clear downward movement. 1st short term buy level reached @ 76.70 for a profit of [B]+10 pips[/B].
[B]EUR/USD[/B]
[B]Signal:[/B] This pair is still on downtrend, retracement at 1.2740/50, break is to our short term sell signals while on the downside toward low at 1.2660/70, break is powering the trend to target our short term buy signals.
[B]Trade: [/B] Long with breaking the retracement lines. 2nd short term sell signal @ 1.2845/50 missed for just a couple of pips, so I think a good exit was in the area of 1.2820/30 for a profit of [B]+80 pips[/B].
[B]GBP/USD[/B]
[B]Signal:[/B] This pair is still on downtrend, retracement at 1.5390/00, break is to our short term sell signals while on the downside toward low at 1.5310/20, break is powering the trend toward our short term buy signals.
[B]Trade:[/B] No trade
[B]USD/CAD[/B]
[B]Signal:[/B] This pair is still on downtrend, retracement at 1.0190/95, break is to 1.0230/35 then 1.0250/55 then 1.0290/95, while on the downside toward 1.0135/40 then 1.0110/15 then low at 1.0080/85.
[B]Trade:[/B] Short early in the Asian session with breaking the retracement lines. 1st TP level @ 1.0135/40 reached for a profit of [B]+50 pips[/B].
[B]NZD/USD[/B]
[B]Signal:[/B] This pair is still on uptrend, retracement at 0.7925/30, break is to 0.7905/10 then 0.7885/90, while on the upside toward high at 0.7990/95, above is powering the trend to target 0.8005/10 then 0.8035/40.
[B]Trade:[/B] Short with breaking the retracement lines, but without reaching a TP level. This pair immediately retraced to cross the retracement lines in an upward move and would remain slightly above this level but without reaching any TP level, so I rather count this trade as a loss of [B]ā10 pips[/B].
[B]EUR/CHF[/B]
[B]Signal:[/B] This pair is still on downtrend, retracement at 1.2130/35, break is to 1.2145/55, above would target 1.2170/75, while on the downside toward low at 1.2105/15, break is to 1.2100 then 1.2090/95 then 1.2075/80.
[B]Trade:[/B] Early in the Asian session the rate almost hit the lower retracement line (1-2 pips shy) and then went down, so I count this as a valid short trade. TP 3 reached @ 1.2090/95 for a profit of [B]+40 pips[/B].
[B]GBP/CHF[/B]
[B]Signal:[/B] This pair is on downtrend basis today, below retracement at 1.4650/60, break is to 1.4710/15 then 1.4750/55 then 1.4785/90, while on the downside toward 1.4570/75 then 1.4545/50 then 1.4480/85.
[B]Trade:[/B] No trade
[B]EUR/GBP[/B]
[B]Signal:[/B] This pair is trying to base on uptrend today, above 0.8275/85 to target 0.8315/20 then 0.8325/30 then 0.8360/65, while on the downside toward 0.8240/45 then 0.8215/20 then 0.8195/00.
[B]Trade:[/B] Early in the Asian session this pair would go down a bit and almost touch the upper retracement line after having crossed the lines during the US session, so I count this as a valid long trade. TP 3 @ 0.8360/65 reached for a profit of [B]+80 pips[/B].
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[B]AUD/USD[/B]
[B]Signal:[/B] This pair is still on uptrend, retracement at 1.0280/90, break is to 1.0255/60 then 1.0230/35 then 1.0205/10, while on the upsdie toward 1.0345/50 then 1.0365/70 then 1.0400/05.
[B]Trade:[/B] Long with touching the upper retracement line but without breaking the retracement level. TP 2 @ 1.0365/70 reached for a profit of [B]+80 pips[/B].
[B]EUR/JPY[/B]
[B]Signal:[/B] This pair is still on downtrend, retracement at 97.95/00, break is to 98.40/45 then 98.75/80 then 99.15/20, while on the downside toward 97.10/15 then low at 96.85/90, break would power the trend to target 96.30/35.
[B]Trade:[/B] Long with breaking the retracement lines, hitting the 1st TP level @ 98.40/45 for a profit of [B]+40 pips.[/B]
[B]GBP/JPY[/B]
[B]Signal:[/B] This pair is still on downtrend, retracement at 118.30/40, break is to 119.00/05 then 119.55/60 and possibly 120.05/10, while on the downside toward low at 117.30/35, below would power the trend to target 117.10/15 then 116.75/85.
[B]Trade: [/B]No trade
Valid trades for today:
USD/CHF = +70 pips
USD/JPY = +10 pips
EUR/USD = +80 pips
USD/CAD = +50 pips
NZD/USD = -10 pips
EUR/CHF = +40 pips
EUR/GBP = +80 pips
AUD/USD = +80 pips
EUR/JPY = +40 pips
Result for today: +440 pips
January: +2.940 pips