Pick of the Day: USDJPY – Trade Closed
Good morning! It looks like I couldn’t catch a break on my remaining position as USDJPY didn’t quite reach 88.00 before buyers jumped in and took the pair back above 90.00.
Read MoreGood morning! It looks like I couldn’t catch a break on my remaining position as USDJPY didn’t quite reach 88.00 before buyers jumped in and took the pair back above 90.00.
Read MoreMy short term trade produced a few pips as 1.6400 held back GBPUSD bulls throughout the Asia session. My first profit target was hit at 1.6350 ahead of the
Read MoreGood morning! The EURUSD continues to defy gravity as US Dollar weakness has been, and continues to be, the driver for financial markets in the past week or so.
Read MoreDoh! US Dollar selling was strong across the board this week, pushing Cable higher and higher! My short entry orders at 1.6615 and unfortunately, there wasn’t enough USD buyers at these previous resistance areas to
Read MoreGood afternoon! It looks like I didn’t enough of a rally in EURUSD to trigger my short orders at 1.4400 before the pair dropped at the beginning of the European trading session.
Read MoreGood afternoon! It looks like EURUSD sellers have 1.4380 on lockdown as the pair could not stay above that area for very long during the Asia and European trading sessions, and then fell below 1.4300 during the US trading session.
Read MoreGood morning! It looks like I missed out on some strong risk aversion moves as USDJPY made a high around 95.30 (20 pips under my entry level) before dropping lower.
Read MoreWith the end of the European trading session wrapping up and the FOMC interest rate decision and statement approaching, I have decided to close my trade to avoid event risk.
Read MoreWe saw a bit of volatility, and potential shift in sentiment today as we saw risk aversion in USDJPY beginning in the European trading session. A bit of help to Yen bulls when consumer confidence data in the US printed a
Read MoreWell, the bullish momentum for more risk taking has continued as US earnings have surprised to the upside. Resistance at 1.4000 and 1.4100 have failed to hold and the pair made its way up to
Read MoreIt's not whether you knocked down; it's whether you get back up.Vince Lombardi