Mytrader_FX

Mytrader_FX Updated 

Trade was entered during London session when I saw a weakness across all GBP pairs. I picked GBPJPY because JPY has been strengthening for the past week. I was hoping it will continue to strengthen. However, by the end of London session, JPY's uptrend momentum seems to be losing steam. Lets see if it could make a final push to bring GBPJPY lower . Will exit...

Mytrader_FX Updated 

As we entered London session, we could see GBP continue to weaken against USD and JPY.

Mytrader_FX Updated 

Similar trade to NZDUSD long. AUD was another strong currency since Asian session and going into London as well

Mytrader_FX Updated 

USD was weak during the Asian session and JPY was expected to continue to strengthen. Going into London session JPY became weak instead , resulting USDJPY not moving much. Let's see UJ can make a final push.

Mytrader_FX Updated 

USD has started to weaken during the Asian session. At that time, NZD was the strongest currency to pair with USD and the technicals were also aligned. Hence, i long NZDUSD

Mytrader_FX Updated 

During London Session, there is weakness in GBP due to worse than expected Manufacturing Production. JPY was the best currency to pair with because it was the strongest among all.

Mytrader_FX Updated 

I shorted GBPNZD during Asian session and it went against for about -80 pips. However, with a proper SL, the trade is able to move in my direction. Hopefully, it will hit TP within the next few sessions,

Mytrader_FX Updated 

JPY has been weak throughout the Asian session. There is also some strength in CAD, GBP and EUR.

Mytrader_FX Updated 

SImilar trade to CADJPY. Weakness in JPY and strength in GBP.

Mytrader_FX Updated 

There is some weakness in GBP and strength in JPY just before London open.

Mytrader_FX Updated 

During the London session GBP continue to weakens against USD .

Mytrader_FX Updated 

GBP continued to weaken against JPY during the London Session.

Mytrader_FX Updated 

Similar trade to EURJPY as are trading the weakness in EUR and strength in JPY

Mytrader_FX Updated 

There is strength in JPY after JPY Monetary Policy Statement and weakness in EUR during mid-London session. However, we have to trade with caution as the price has moved down quite far and it could lose momentum anytime.

Mytrader_FX Updated 

There is weekness in AUD and strength in JPY during London session. AUDJPY has also broken major support, 78.00.

Mytrader_FX Updated 

This is the third time shorting GBPJPY and hopefully it won't be another breakeven trade. There was weakness in GBP and strength in JPY.

Mytrader_FX Updated 

Weakness in GBP and strength in JPY during London Session

Mytrader_FX Updated 

Weakness in GBP and strength in GBP. However becareful when trading GBP pairs and they have been quite volatile due to Brexit