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

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Monday, December 29, 2008

GBP/CHF: Short @ 1.5492 - Is up 250 pips

My previous Long on the GBP/CHF Pair was again taken out for a 200 pip loss - Shortly after getting taken out I went short - Why fight the trend? I never do. Sometimes I'm against the norm and it can be rocky and sometimes I lose. Many times I win. I lost 2X on this long so this time I went short.

It's currently up 250+ pips and I have locked in a profit stop of 100 pips.
Posted by FX_Trader at 9:10 PM
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