SasoKlobucaric
What went wrong with my Short EUR/USD order on Friday? Strange to anyone, but probably nothing except that the timing of selling the pair was not the right one and therefore a stop-loss was too low bearing in mind normal risk reward ratio. However, I should have sold it when there was the highest volume in the market and that was when US NFP was released. I was...
Sell EUR/USD Sell current highs.....
My long was stopped early in the morning at the lows. Still think long for this pair...buy it above 119.30 with a buy stop order.
USDJPY retraced from the highs today probably on risk off trading due to political uncertainty regarding Greece and so on... Anyway I see these low levels as an opportunity to buy the dip with stop loss below the daily lows...
It seems that Aussie wants to go lower, so I am betting on its fall shorting it from 0.8140 with a stop loss above 0.8216.
Markets have been crazy since the Bank of Russia hiked its interest rate to its record high yesterday when markets had just closed. Anyway I suggest buying Dollars against any other currency before tomorrow`s FOMC meeting.
Buy USD/JPY The pair is currently at its weekly low so I think it should go up to at least 121.70.
Sell all USD pairs before FOMC meeting next week....
The Euro hasn`t fallen so far but I recommend you keep it short for a while. See chart below.
I recommend selling the pair on the highs before FOMC meeting next week
Antipodean currencies have lost some value on lower expectations about China growth. I think this is opportunity to buy them back. I suggest selling the Euro against the Aussie.
Nothing special happened on Monday, however EU Yields have fallen so far and there for I expect EUR/NZD to fall at least till Wednesday. It`s to high for me at the moment.
ECB kept all interest rates unchanged...
The pair has strongly broken the 147.68 resistance level. Any high in this pair seems a sell opportunity for me.
The Bank of Japan Minutes showed a sharp divide between Mr. Kuroda and some other board members over the effects of the new steps.I have been playing long all JPY peers but changed my mind after the news.