i have just closed the gbp/cad… too much hesitation
just closed the eur/chf. no serious move, may be it is making a reversal
buy usd/yen at 82.22 sl-81.61 tp1=82.62 tp2=82.80
buy cad/yen at 84.74 sl 84.30 tp1=85.10 tp2= 85.75
both GBP/CHF and usd/yen seem to be decided to move. let’s see what will happen next. i lost the cad/yen, but that’s ok…
i still hold my short entry on eur/chf…
buy gbp/jpy at 133.87 sl 132.83 tp1=135 tp2=137.00
buy eur/usd at 1.3919 sl 1.3827 sl 1.3822 tp 1.4120
just took some profit on my usd/yen trade, and break even
i’m keeping all my trades open. the gbp/yen is working fine, usd/yen too… i think euro will start seriously tonight…
i will buy eur/yen at 115.35 114.45 t1=116.00 t2=117.00
buy again eur/gbp at 0.8611 sl=0.8580 target=0.8700
Here are my ideas:
Short EUR/USD @ 1.38900 - Stop Loss: 1.40400, Take Profit: 1.35000
Risk - 150 pips loss/390 pips profit
Comment: I think the Euro will weaken as there will be further meetings of Eurozone leaders in the coming weeks and it is unlikely they will convince the market as they still disagree on some important decisions.
Short EUR/GBP @ 0.86300 - Stop Loss: 0.86800 - Take Profit: 0.85000
Risk - 50 pips loss/180 pips profit
Comment: The pound isn’t in a strong position currently, but still, I think Euro debt worries will send the pair down.
That’s a great idea!
hi Milan, thank you for your contribution. i will look at the euro a bit closely, but i know there is a small up trend we can take advantage before the fall. I’m i the eur/gbp which is showing nice up trend. let’s wait and see
Hi swingexpert,
Yes, technically, Euro will be in a small uptrend vs. USD and GBP. We could also wait for the German ZEW Survey which could give EUR/USD a small boost and add some short positions at a higher price.
ok no problem
short usd/chf at 0.9246 sl 0.9335 t=0.9154 t2=0.9100
buy eur/usd at 1.3960 sl=1.3892 t1=1.4110 t2=1.14210
I agree with you on USD/CHF, I have already a short position from 0.93 which is still open.
Could you give some comments on your EUR/USD trade? I would like to hear your opinion. I don’t think EUR/USD will go through 1.4040 resistance.
ok no pbm Milan.
The euro is up for me because, on the weekly chart it made a nice pin bar (hammer)… that is definitely a signal of up trend for me. And the usd/chf which moves mostly in the opposite direction of the euro made a pin bar too (in the short direction). More than that, if you look at the weekly pin of the euro, you will see that the weekly candle closed at the high. That is a strong signal of market strengh. that’s why i bought it
all the trade we took are winning trades
eur/gbp=win
gbp/usd=win
eur/usd=win
usd/chf= in the money (the move has just started and will continue tonight.
Now, i recommend to move stop loss to break even on all trades, and take at least half profit…sweet pips
here are the trade i will be taking tonight…
buy chf/jpy at 88.71 sl=8768 t1=90.00 t2=90.80
buy eur/jpy at 114.77 sl=113.62 t1=116.00 t2=116.70
Happy pips
Oy vey lol…
what do u mean sexystochastic?
eur/gbp=target hit
usd/chf=win
gbp/chf= target hit
chf/yen…let’s wait and see…
imissed the eur/usd trade, because the set up formed at 9 in the morning when i was out…sweet pips
yesterday i lost chf/jpy and made money on eur/gbp…
today i took 3 trades, all winning
eur/chf target hit
aud/usd= target hit
usd/chf target hit
gbp/usd=in the money. i know we will have the move tonight or tomorrow