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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Friday, February 13, 2009

EUR/JPY: Long at 113.74 is up 500 Pips! Stop Raised Locks in 200 pips profit

This long has been rocky and I'm only waiting for a break below. I am able to zero any risks associated with it since after my entry it swung up and I was able to lock in a stop. I am going to let this long ride out - There are event risks next week for the EURO and I will be keenly watching to see where this pair goes. I am more long on this pair than short. There is not much more downside to see on this pair as it as held this support level for several weeks and several tests. If you are not long you will want to wait for a price to end up near my entry or lower before going long.

Short @ 126-130
Long @ 112-115

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