USDJPY – USDJPY follow-up

Hi Everyone,

Following up on the USDJPY trade I blogged earlier – it behaved as expected – went up to the R3 line.

Stop Loss = 42 pips

Target = 78 pips

I see a double top forming – but it’s close to lunch time on a Friday in the US – so that’s me done for today.

See you guys next week.

Cheers,

TB

USDJPY potential long set-up

Hi Everyone,

For those following me on Twitter – I’ve just seen a 50% retracement and a Pivot Swing (on the R2) for the USDJPY.

Please note, you need to do your onw analysis.

Regards,

TB

Cable set up – follow up.

Hi Everyone,

Just to follow up on the cable trade I posted earlier – I closed my trade with 25 pips on the table – it wasn’t behaving as expected and as it is a Big News Day – I’m not taking any trades until after Non-farm in the US has come out.

Cheers,

TB

Daily changes to Commodities…

Commodities are great to trade and ForexYard allows you to trade Oil, Gold, Silver and Forex. I have included the changes in the commodity and Fx Markets in a handy table for you below:

Big News Day!!

Morning Everyone,

Big news day out today – watch out for the Non-farm Payroll Changes in the US.

Regards,

TB

Good Morning, trends for the major pairs!

This handy tool allows you to see the majoy currency pair trends and key support and resistance levels at a quick glance. Print it out and keep it handy. Thanks to our friends at Forex Yard for providing this. 

Forex Market Trends

Cable Set-up

 

GBPUSD 5 min chart

Morning Everyone,

Just taken a short on cable, price broke below the Daily Pivot with momentum, MACD below the line.

Please note, this is a big news day PPI coming out at 9.30am GMT.

Also, please do your own analysis.

Regards,

TB