Mytrader_FX

Mytrader_FX Updated 

Strength in GBP upon better than expected retail sales. Wanted to long GBPCAD but it went up too fast hence i pick GBPJPY

Mytrader_FX Updated 

Strength in USD from FOMC and weakness in CAD in the tokyo session.

Mytrader_FX Updated 

I doubt it will pullback and give a me second chance for re-entry. I took the risk to enter to here.

Mytrader_FX Updated 

AUD was weak throughout the whole Tokyo session. On the other hand JPY was strong overall but manages to make decent pullback for a good entry. I missed the entry upon breakout for both AUDUSD and AUDJPY. Only AUDJPY seems to be good for a re-entry.

Mytrader_FX Updated 

Strength in GBP and Weakness in JPY

Mytrader_FX Updated 

There is an upward momentum due to Monetary Policy Meeting Minutes. Since we are trading against the longterm AUD downtrend, we are longing AUDUSD with extra caution.

Mytrader_FX Updated 

There is some weakness in JPY, hence we took another AUD long trade. A tight SL is used to protect us from any sudden downward move.

Mytrader_FX Updated 

Previously, AUDJPY broke below but it went all the way up to hit my SL. Lets hope it will continue to push down

Mytrader_FX Updated 

Shorting AUDUSD as we see some strength in USD and weakness in AUD

Mytrader_FX Updated 

During Tokyo session, we could see some downward momentum in AUDJPY. It has been ranging for the past few days , so it is advisable to trade with caution.

Mytrader_FX Updated 

During London session, we could see some strength in CADJPY and and weakness in EURCAD. CADJPY trade is meant to cover the AUDJPY short trade that might possibly hit SL.With that said, i shorted EURCAD and long CADJPY

Mytrader_FX Updated 

Weakness in EUR and strength in CAD as USOIL breaks above $46.5

Mytrader_FX Updated 

During Tokyo Session there was strength in NZD and weakness in USD. From the chart, clearly it didn't move much after the sharp move upon the release of the RBNZ Financial Stability Report. We will hold through USsession and see what happens

Mytrader_FX Updated 

Shorting GBPJPY is aligned with the short term downtrend. During the London session, GBP manufacturing PMI came out worse that expected. Generally this news data will move GBP if it exceeds the low estimate which is -0.4%. Since it didn't exceed, we could see that GBP didn't plummet . The reason a short trade is taken is because it is aligned with both...

Mytrader_FX Updated 

Strength in AUD and weakness in JPY. Will be monitoring this trade closely to see if there is any sign of continuation to the downside.

Mytrader_FX Updated 

Strength in USD and weakness in EUR and CHF. I could either long USDCHF or short EURUSD. Both moves are pretty much the same. I went with EURUSD.

Mytrader_FX

Upon the release of GBP service PMI, the market went the opposite direction. Now , it has gone back to allign with the direction of the news and it is trying to break below.

Mytrader_FX

Strength in AUD and weakness in JPY. This is aligned with better than expected AUD retail sales news release but against long term down trend. I will be watching it with a hawk eye just in case, it needs to be closed manually.