rufffen XAU spot gold and majors trades

[rufffen]

EUR JPY daily ipdate

Ok, I don't really like what I see on that daily chart.

Apparently, price action might be reversing SOUTH from that 61.8% retrace, also please note, that 161.40-162.00 is weekly RES ZONE1, so basically, if price fails to close in this zone or above this zone today, we will likely see a pullback towards 156, which is not my favourite scenario, but still can be traded with profit.

The reversal can produce 40-60 pips loss on the previously posted GBP JPY trade.

It would be smart to watch the EUR JPY RES ZONE1 today, if price closes within, look to go LONG both EUR JPY GBP JPY, however, if this fails, you can look to SHORT both items SL previous high TP as follows:

EUR JPY TP (SHORT) 157.40-157.60
GBP JPY no good R/R trade

[rufffen]

gbp usd #86 update

TP reached at 9780 (+224 pips overall per one lot)

2 other targets are remaining

Trade 2 - refer to setup posted in #83 still pending TP is 9480-9540

[rufffen]

#88 gbp jpy -54 pips - resulted in a loss (greed )

It looks as a good LONG from current levels (TP 203.60-80 approx), however one loss per day is enough I guess.

[rufffen]

eur cad update #87

protective SL at 5980 currently at 5900 (+64 pips so far). TP remains at 5700.

[rufffen]

quick trade updates

EUR JPY SL moved to BE at 161.40
GBP JPY no trades entered

GBP JPY levels not easy to forecast this item with recent price action. Balance this week is 201.40-60, price trading below this level means that we will advance towards 196-197, HOWEVER 198.85-199.50 is strong resistance, I WILL Recommend the following:

GBP JPY LONG at 199.20 TP 201.20 SL 198.80 /
/ price breaking below 198.80 - reverse GBP JPY SHORT SL previous high TP 196.40-197.20

elsewhere we have EUR CAD trade going and EUR USD trade going - EUR USD SL will be moved to BE TP remains the same.

SPOT GOLD/SILVER - compressing price action / awaiting break out / currently not trading

[rufffen]

out of EUR CAD due to SL getting triggered SL was at BE out with 0 pips

[rufffen]

EUR USD daily trade update

(hate to admit it BUT) LONG break above 5800 TP +80 SL previous high.

Today projected high is 5890.

[rufffen]

EUR USD SHORT trade since week beginning - out at BE (o pips)
EUR USD LONG trade move SL to BE at 5800 - TP 5890.

...elsewhere we have only one trade going on EUR JPY this week
GBP USD - shorts remaining from the very top (initiated beg april)

I will update weekly total on Friday, currently we are in a range of 200-400 pips per one lot profit this week.

also, here are HI/LO on EUR/USD THU/FRI (for your consideration only)

DAY	HIGH	LOW
THU	1.5839	1.5562
FRI	1.5810	1.5525