Forex Trading Signals

  • EUR/CAD - Buy @ 1.58 zone
  • EUR/JPY - Sell @ 130 level - Buy @ 120 or lower
  • AUD/USD - Buy @ 63 Zone - Sell @ 70 Zone
  • USD/CAD Buy @ 1.20 Zone - Sell @ 1.30 Zone
  • EUR/CHF - Buy At 1.46 to 1.48 zone
  • USD/CHF Sell @ 1.18 to 1.20 zone
  • GBP/USD - Sell @ 1.50 zone - Buy @ 1.34 zone
  • GBP/JPY - Sell @ 140 zone
  • EUR/USD - Buy @ 1.24-1.26 zone

Forex Search Tool

Wednesday, December 17, 2008

EUR/JPY: Long @ 121.87 is up almost 500 pips - Stop Raised to 123.87


The long EUR/JPY is doing well and may be showing a few signs of fizzling out. I have raised my stop to 123.87 and I'll wait to see where it goes. There is some economic data from Europe due next week and it may help drive the Euro back toward previous supports. if it does I'm locked in with 200 pips profit and there will be no loss. For now I'm long and I'm staying that way until the price tells me other wise. I am however prepared to go short should it revers and this time I hope I'm awake to catch it.

No comments:

Post a Comment

Got a tip on a trading opportunity? Got a question about a currency pair?