Short term to long term analysis

[ar1]

looking to buy usd/jpy in the 117.75 region if it gets there.

current open positions:
euro/usd sell @ 1.2825 sl@1.2875 tp@ 1.2730
gbp/usd sell @ 1.8915 sl@1.8965 tp@1.8800

will move sl to breakeven on both positions once it will hit 30-40 pips profit each.

[ar1]

Originally Posted by ar1

will move sl to breakeven on both positions once it will hit 30-40 pips profit each.

Let me rephrase myself - what i'm waiting for is 1 hour cle close after the 30-40 pips profit level. hope that makes sense.

[ar1]

Market haven't moved much probably there won't be any major movement until tomorrow's news so i'm closing here both open positions:
eur sell at 1.2790 for 35 pips gbp sell at 1.8875 for 40 pips.

Total pips : 266+35+40= 341 pips. (6 days of trading).

Will sell again when price retraces.

[kenari05]

Originally Posted by ar1

Market haven't moved much probably there won't be any major movement until tomorrow's news so i'm closing here both open positions:
eur sell at 1.2790 for 35 pips gbp sell at 1.8875 for 40 pips.

Total pips : 266+35+40= 341 pips. (6 days of trading).

Will sell again when price retraces.

good job. do you see euro climbing up now?

[ar1]

Originally Posted by kenari05

good job. do you see euro climbing up now?

Yes. I think it will go upto 1.2830-40 before going down again. This is the price i'm looking for to go short again.

[kenari05]

Originally Posted by ar1

Yes. I think it will go upto 1.2830-40 before going down again. This is the price i'm looking for to go short again.

cool

my target is 1.2840-70 area....after that wave C down 1.2680 maybe?

[ar1]

Originally Posted by kenari05

cool

my target is 1.2840-70 area....after that wave C down 1.2680 maybe?

Maybe. Probaby during the news coming out today i'm hoping for a spike up to that area then all the way down - but even if price won't get there i'll find another entry point.

[kenari05]

Originally Posted by ar1

Maybe. Probaby during the news coming out today i'm hoping for a spike up to that area then all the way down - but even if price won't get there i'll find another entry point.

do you have messenger? so i can get your call live? how about skype?