US Dollar is going to maintain its strengthen this week.
Shorted 50,000 AUDUSD at 0.9597
Stop level at 0.9630
Target level at 0.9530
EURGBP had fallen sharply from 0.7920 to 0.7843. Price has stablised and has began moving upwards.
Bought 50,000 EURGBP at 0.7862
Stop level at 0.7830
Target level at 0.7885
Today I had bought 50,000 EURGBP at 0.7862, stop level at 0.7830, target level at 0.7885.
EURGBP went above 0.7885, so my position was closed. Profit is US$228.10.
Stop triggered, loss is US$650.
Russian crews landed in Cuba to prepare for stationing nuclear bombers there in defiance of a U.S. warning not to cross a ``red line,’’ Izvestia reported,
citing unidentified Russian Defense Ministry officials.
Crews of a supersonic Tu-160, a nuclear bomber known as White Swan,'' and Tu-95, which the North Atlantic Treaty Organization dubsBear,’’ were on the island nation doing reconnaissance work and inspecting infrastructure, the Moscow-
based newspaper said. Bombers can be deployed to bases in Cuba, Venezuela or Algeria at any time, Izvestia said.
General Norton Schwartz, nominated to be U.S. Air Force chief of staff, warned Russia two days ago not to station bombers in Cuba in response to America’s decision to build a missile- defense system in former Soviet satellite states in Europe.
Russia said on July 8 that it would react with military means to the U.S. system. Russian leaders have threatened to aim nuclear missiles at the planned bases in the Czech Republic and Poland, which they say would threaten Russia’s security.
When there is tension, there is demand for Swiss Franc.
Shorted 50,000 USDCHF at 1.0369
Stop level at 1.0416
Target level at 1.0174
New Zealand retail sales had fallen by the most in 4 years and consumer confidence hitting record lows. NZ Central had recently cut interest rate and had promised for more rate cuts. Hence this signals to me that NZDUSD has to go lower.
Shorted 50,000 NZD at 0.7409
Stop level at 0.7450
Target level at 0.7310
Double-bottom formed for USDJPY
Bought USDJPY at 106.92
Stop level at 106.40
Target level at 107.40
Today I had bought USDJPY at 106.92, stop level at 106.40, target level at 107.40.
Target level reached, my profit is US$223.46.
Bank of England will cut its benchmark interest rate, possibly to 4.25 next year, thereby pushing GBP lower.
Indicator is showing buy signal for EURGBP.
Bought EURGBP at 0.7883
Stop level at 0.7830
Target level at 0.7950
GBPUSD has buy signal on the daily chart.
Hourly chart is pointing up as well.
Bought 50,000 GBPUSD at 1.9901
Stop level at 1.9862
Target level at 1.9941
GBPUSD has buy signal on the daily chart.
Hourly chart is pointing up as well.Bought 50,000 GBPUSD at 1.9901
Stop level at 1.9862
Target level at 1.9941
Dropping pretty good now, you are out as of a few mins ago, sorry mate.
I’m expecting this to possibly drop down into 1.94xx area(not all at once mind you… lol)
Stop triggered, loss is US$195.
Its ok, I never expect all of my trades to win. I have long position on EURGBP, falling GBP helps to push my EURGBP higher.
Silver is currently trading at the lowest band of bollinger. Mini double-bottom formed on the daily chart. Stochastic is showing buy signal. EUR/USD is picking up today. All these are signs of bullishness for silver.
Bought 1 lot of silver at 17.46
Stop level at 16.90
Target level at 18.10
Last Friday I had bought EURGBP at 0.7883, stop level at 0.7830, target level at 0.7922.
Seeing that EURGBP has some resistance going higher, I decided to take profit earlier. So at 0.7915, profit is US$367.14.
USDCHF rebounds strongly after the hourly stochastic shows oversold, so I decided to take profit first and short it again when stochastic shows overbought.
Took profit at 1.0355, profit is US$43.60.
EURGBP is trading in an uptrend channel, currently at the bottom of the channel.
Bought 50,000 EURGBP at 0.7902
Stop level at 0.7875
Target level at 0.7928
USDCHF maintains its downtrend channel, Daily stochastics is pointing down as well.
Better than expected consumption indicator is providing some strength for Swiss Franc.
Shorted USDCHF at 1.0324
Stop level at 1.0366
Target level at 1.0250
Stop triggered. Loss is US$202.59.
I got stopped out in my USDCHF position, but my indicators and charting still shows that USDCHF deserves to go lower.
Shorted 50,000 USDCHF at 1.0447
Stop level at 1.0492
Target level at 1.0320
[B]Three reasons to be bearish on USDCAD[/B]
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Previously USDCAD is up because oil price is falling. Now oil price has rebounded, this should strengthen CAD and push USDCAD lower.
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Resistance is formed at 1.0300.
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Daily stochastic is showing sell signal.
Shorted 20,000 USDCAD at 1.0236
Stop level at 1.0314
Target level at 1.0114
US is going to announce GDP data at 8.30pm China time, which is 20 min later. I believe this data is going to create great volatility in the currency market.
Current rate for USDCAD is 1.0231.
I place US$100 bet that USDCAD will close out of 1.0202 - 1.0232 by 5am China time. Odds is 0.540, means that if I win my profit will be US$54.
Trading platform: MANSION88 Finance - Where Asia Plays.