[Trade Signal] – Where Next For EURJPY?

The chart I think says it all for EURJPY. The 240 min chart is at an interesting level again where we have an each way trading opportunity. A break out move down is what I’m currently favouring on the charts based on how things look as I type this. A break out movement could see price move towards the 126.00 level.

Long have not been suggested yet for me to consider an upward movement – which if that does occur then 135.00 level seems doable.

 EJ-Nov-05-13a

 

The entry short so far was on the 2nd chance entry highlighted on the chart, having missed the slightly earlier entry.

EJ-Nov-05-13b

This page is updated periodically through the day. Please check back regularly

Trade-Like-a-pro

[social-locker locker_id="31930b24d4804e129" theme="orange" message="Would love It if you shared it..." facebook="true" likeurl="CURRENT" google="true" googleurl="CURRENT" tweet="true" tweettext="" tweeturl="CURRENT" follow="true" linkedin="true" linkedinurl="CURRENT"][/social-locker]

[Trade Signal] – Yawn… Another dull day in Forex

Generally speaking its turning out to be yet another dull start to the week. But then this has generally been the pace of things in Forex for most of this year.

[Forex] – Update

GBPUSD – GBPJPY – EURUSD – EURJPY all range bound in one form or another. Right now I’m sidelined waiting for things to develop and start looking a heck of a lot more interesting than they do right now.

On the higher time frames you can see similar ranging patterns develop highlighting that again for trending strategies we should be cautious and consider cash as the best option

EJ-Oct-28-13a

GJ-Oct-28-13a

GBP-Oct-28-13a

EUR-Oct-28-13a

[Futures] – Update

Dow stock index Futures continue to be the darling trade of the month for me. Originally starting longs at 14,800 I closed out at 15,500 on the button late on Friday, not wanting to quibble over the 50 points to the expected target level (which it has reached quite easily overnight)

Right now Im looking for longs again thinking we might see one final push up and maybe past 15,600 levels before anything else might be considered.

Short trades are now also a consideration as price is at the larger time frame channel highs. Generally its a great location for the next something to happen

YM-Oct-28-13a

 

[Trade Table]

No open or pending trades – will update if something new develops.

This page is updated periodically through the day. Please check back regularly

Trade-Like-a-pro

[social-locker locker_id="cc610be84660201ca" theme="orange" message="Would love it if you could share it." facebook="true" likeurl="CURRENT" google="true" googleurl="CURRENT" tweet="true" tweettext="" tweeturl="CURRENT" follow="true" linkedin="true" linkedinurl="CURRENT"][/social-locker]

[Trade Signal] – Update 16 Oct ’13

[Forex] – Update

Sadly or thankfully depending on your perspective there is nothing particularly exciting to comment on this morning in what is already a weird week.

Prices on Forex continues to yoyo around moves still continue to be short-lived. The trade management we have running when a position does trigger is managing a break even trade most of the time and keeping risk minimal or flat the rest of the time.

GBPUSD GBPJPY are back in their consolidation patterns – ideally Im waiting for a decent push away and the move post news this morning wasn’t “doing it for me”. EURUSD EURJPY still in short mode. EJ is open waiting for targets and Im currently waiting for EURUSD to present an entry.

[Futures] – Update

Index futures and the Dow is I think going to pause here which was one of the main motivations for a strategy override and cashing out. Ideally I would like to see a slightly deeper retracement before thinking about longs again.

[Stock] – Update

Individual stocks on Facebook & First Solar are still in long mode and need to be pushing higher as they didn’t quite reach first target levels yesterday. Re-entries might also be necessary on FSLR depending on trade management individuals have chosen.

All in all – not an exciting start to the day.

[Trade Table]

TS-Sigs-16-Oct-13a

This page is updated periodically through the day. Please check back regularly

[Trade Signal] – Update 14 Oct ’13

Dow update

YM Trade Continues to power ahead from last weeks signal at 14,800. I’m locking profits in at 15,000. There is the suggestion of a new short signal in development but with US National holiday today I’ll not be considering anything new until Tuesday.

Generally speaking I’m having a shortened trading day as per usual on days like today. As I’m writing this it’s nearly at that time of morning when I’m considering walking away for the day.

YM-Oct-10-13c

 

New Trade Signals

EURJPY continues to move higher from last weeks signal L132.45.

There is the suggestion of a new signal developing but it is also not looking like it will develop until late today or early tomorrow.

EJ-Oct-10-13d

[social-locker locker_id="4732aa216d6bfb688" theme="orange" message="Keep this content free and share this post. Once shared the rest of the post will be unlocked" facebook="true" likeurl="CURRENT" google="true" googleurl="CURRENT" tweet="true" tweettext="Awesome trade signals" tweeturl="CURRENT" follow="false" linkedin="true" linkedinurl="CURRENT"]GBPJPY also continues higher from last weeks signal L156.20.

The same comments can be said for GJ as for EJ.

Both currently pending development

GJ-Oct-10-13d

GBPUSD is long pending. I’m looking for entries above L1.5995

GBP-Oct-11-13b

EURUSD is long pending. I’m looking for entries above L1.3575

EUR-Oct-11-13b

 

Current Positions Table

TS-Sigs-14-Oct-13

Free content does not include specific trade management for scale out targets or stop placement. These are the core positions and will have some exposure until the next opposing signal is generated.

[/social-locker]