With a 7day long devalue of the JPY, the USD is showing signs of wavering. An entry at 0.31 lot has a lot of potential locked in. The USDJPY has hit some long time all high. Tapering Thoughts are still in the feds mind so this will come back on the table soon.
Category: Forex Daily Insights
Proving another great gain with minimal effort, exiting before the US market opens to extract 16% There is more potential here but now looking at other options as the majority of yield has been extracted.
AUDNZD hitting the 0.31 level of lot size entry here will start to extract the locked potential. There is still scope to range higher to 1.06. A potential release of some 12% or at least £1000 as a start point. This stack will be good to follow. Previous highs for this pair were to 0.26 […]
AUDNZD ready to pop very soon with a probable 10% gain once it hits a 0.26 lot size. This might materialise Monday but it could peak further until Wednesday with a further 70 pips to go pushing lot sizes up to 0.30 – 0.32 making rich pickings. Have a great weekend; till then..
As I was already committed to USDJPY. I was unable to enter this opportunity. It dropped some 320 pips and rebound 120 pips to clear out trade cycle. This would have returned a very healthy return indeed. Can’t win everything all of the time. Always learn and improve positioning for entry. If you see a […]
With a monster hike of some 230 pips in 5 days to the USD advantage of $0.025 equivalent to 2.3% move We creamed off some 14.9% in just 3 of those days. Drawdown occured within the middle two top yellow lines topping out at 0.27 Lot size having entered at 0.20 lot size. By the […]
USDJPY Been climbing for days. Could this be the levelling point? Market Traders have been caught in the middle and are now hurting.
NZDUSD As attractive and tempting it is to trade the exotics here is an example of some enormous locked potential to be released. The risk here could still reach higher with NFP out tomorrow it would be great to get the pull back but this could remain in position till next Tuesday; so leave the […]
AUDUSD With the potential loss of inertia and London closing I pulled the trade opened London 11am on 19th Aug 21 and closed today at 23rd Aug 21 taking 20%. This maxed out Drawdown to 0.30 open lot so will adjust setting to extend out this far.
After Market reaction to Tapering of Asset’s, markets adjust to the news. AUDUSD has not been at 0.25 in last 4 months with 20 open trades