ICWR Long Term Trading

[popoola]

I have gone Long USDYEN @117.38 stop @116.37 according to the ICWR Long term trading system.

Thanks for your input Yardie. Long live the USD

[popoola]

Exited the aussie trade @0.7521 (-36pips)

The only trade running is the yen long.

[popoola]

The yen trade has been stopped out @ 116.17

[popoola]

Using the short term version I bought the euro @1.2720 and exited @1.2740.

Data from the us points to the possibility of a pause in the hiking cycle. So a bit of dollar weakness may set in. Watch out for safe haven flows thoughs...

[popoola]

According to the system signals I went long the Pound @1.8656 stop @1.8556. Chart attached

[popoola]

Trade update on the pound. Nothing much has happened. However we have been as low as 1.8620. But now back at breakeven. The Pound needs to get above 1.8675 for any meaningful advance to occur. Perhaps later today with data coming out to in the US

[popoola]

Moved stop to 1.8615

[popoola]

Nothing much has changed. We are still holding in profit. New chart below: