Th., Apr. 17

On Thursday there were the following signals: The USDJPY trade was later cancelled. The GBPUSD stop loss was eventually moved to the break even point and was hit. The AUDUSD trade is still open.

Fr., Apr. 11 Morning profits: +112 pips

Good morning! The USD started its move earlier than usual today. Therefore I did not have time to place any new orders. Oh, well. Friday is always a short day for me. GBPUSD position held since yesterday reached both profit targets for the +50 pips profit. The 3rd trading unit is still open with the SL at 1.6751. … [Read more…]

Th., Apr. 10 end of day results mixed

The EURUSD pair continued its upward move today but the divergence is still there. Also, today was the 4th day of the non-stop upward move. Therefore I moved the SL closer and placed it at 1.3868, which is just underneath the previous resistance of 1.3870 and this is also right under the latest pivot point … [Read more…]

Th., Apr. 10 Morning

The Unemployment Claims number released by Dept. of Labor this morning was better that expected but it did not affect the USD price. Today is the fist day of the G20 meeting and markets are most likely going to trade sideways while waiting for speeches of the G7 leaders and further developments. None of the … [Read more…]