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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Wednesday, December 3, 2008

USD/JPY: Entry Price - Long @ 92.53 - Trade Still Open


My USD/JPY Trade is kinda limp and a bit soggy but I'm still in the trade. Entry was 92.53 so you can see I'm up about 50 some pips as of this writing. I have locked in a profit stop of 5pips to prevent losses should the price move further to the downside. I could book this profit and run but I'll keep the 5 pips and let it ride.

We'll see where it goes this week in anticipation of the Non-FarmParolls Report this Friday - Thats why I locked in a stop just above my entry line to avoid and major losses.

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