Monthly archive: March 2009
Mar
31st March – No Signal
As the Asia session broke away early and GBP/CHF is stuck in a desperately sideways movement I’m going to call a trade holiday today.
Another single pair day. The overall trend for GBP/CHF is strongly down although it is sideways on 1H charts. We will go for the short breakout today.
GBP/CHF – 40 pip trail
Sell @1.6256 SL1.6354 TP1.6127
EUR/JPY – 25 pip trail
Buy @ 133.65 SL132.96 TP134.40
USD/JPY – 20 pip trail
Buy @98.06 SL97.65 TP98.59
EUR/JPY – 25 pip trail
Buy @133.33 SL132.65 TP134.08
GBP/JPY – 40 pip trail
Buy @143.23 SL142.21 TP144.49
USD/JPY – 20 pip trail
Sell @ 97.51 SL97.95 TP96.93
EUR/JPY – 25 pip trail
Sell @ 131.21 SL131.96 TP130.39
GBP/JPY – 40 pip trail
Sell @ 142.78 SL143.83 TP141.49
Again the Asian Session has proven extra volatile and left us sitting out of bounds. Today, just gbp/chf gives us a decent entry point.
GBP/CHF – 40 pip trail
Buy @ 1.6538 SL1.6438 TP1.6669
EUR/JPY and GBP/JPY have broken away early so we are left with just these signals to start the week.
USD/JPY – 20 pip trail
Buy @96.36 SL95.91 tp96.95
GBP/CHF – 40 pip trail
Buy @1.6407 SL1.6307 TP1.6537
USD/JPY – 20 pip trail
Sell @ 94.10 SL94.59 TP93.45
EUR/JPY – 25 pip trail
Buy @ 129.82 SL129.14 TP130.56
GBP/JPY – 40 pip trail
Sell @136.12 SL137.04 TP134.98
GBP/CHF – 40 pip trail
Sell @1.6195 SL1.6299 TP1.6195
Mar
19th March
Out of Bounds. The turmoil of the FOMC release has also had an effect in the Asian market and left us high and dry with no options today. I could go with a GBP/CHF I suppose but with a breakout range of around 300 pips it may be a little risky.
Anyway, here is a dual [...]
USD/JPY – 20 pip trail
Buy @ 98.95 SL98.63 TP99.37
EUR/JPY – 25 pip trail
Buy @ 129.13 SL128.48 TP129.85
GBP/JPY – 40 pip trail
Buy @ 139.40 SL138.57 TP140.43
GBP/CHF – 40 pip trail
Buy @ 1.6715 SL1.6608 TP1.6856


