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USDJPY: Huge seloff here, and no end is seen to it yet. I think next target is somewhere around 106.00/50. All possible levels are broken, despite many talking about correction. If we take a look at the chart, we see that there was (almost) not a single day of real correction after we broke the...

EURJPY: Interesting situation developing here. For last 2 weeks I posted that this pair may be a sell, but not one of those two weeks confirmed the downside move or potential for such move. But now, I see some signs - enough to go short, and therefore this is one of pairs I will be looking to...

EURGBP: Broke the triangle, I posted on thursday that I wanted to enter long position when it came back, but didnt ge to. Well, at least the bullish sentiment on this pair seems to be proven with this behaviour. Will see, maybe I still get to enter long here for 7180-7220 target.

EURUSD: Weekly closing around 1.1800 (week opened around 1.1580, so we still advanced more than 200 pips this week). We have an up going channel for very long time now, and as we saw - each time the price got to its bottom (both sell offs on Friday a week ago and this Thursday) - the market...

Ok, that is it for this week trading. Will start posting tomorrow the summary and commentary on this week and the coming one to determone strategy for the coming week/near days. Trades will be held open. Wish all to have a geat weekend, Rezo Shmertz.

Stop to breakevek on Canadian trade as well. Open positions (both short): usdcad@1.3330 usdchf@1.3201 stop on both @ entry level targets as posted when opened most probably those will be held over the weekend, will look at the market later today, but its friday - and this time -...

stop to b/e on usdchf.

Good Morning everyone! No changes in current trades yet. As for eurgbp: stop should be somewhere in 6960 - 6980 area, and target is in 7180 - 7220 area. Now if stop is at 6960 and target at 7180, its obvious maximum stop I can allow is 70 pips (which is a lot on this pair)...but lets say...

Stop on USDCHF trade will be moved to breakeven if/once hour close will be at/below 1.3155. Canadian trade is still in red, hope it will pick up bit later.

Will wait for another dive to enter the eurgbp

stop 1.3324, target 1.2880

sold USDCHF @1.3201

Looking to sell usdchf - not sure yet when and at what price. I pass on euro, as stop there is around 1.1615 figure - big volatility recently, and target is only 1.1930, maybe 1.1970/80, so not best r:r here. I am choosing to trade swissy and maybe add long eurgbp to target 7180-7220. Will see.

sold USDCAD@1.3330, stop@1.3445 (115pips) tgt@1.3070 (260 pips)

here we go - 1.1730, swissy +1.32

Ok, euro already reached 1.1755 and is currently at that level. If we get to 1.1715/30 (which I think we will) - that is the levels to watch. If we break, it may trigger 1.1675/90. Very healthy retracement, and needed one. This is good for further continuation of the upside move. As I say, for...

here's the euro chart

targets are same as I was posting. Although on euro target may rise higher. will see once entry aproaches. here is the swissy chart

Unfortunatly (?) I didnt enter the short position on cable. I had a sell signal @1.6660, and stop should have been placed @1.6740 (80 pips) with target of 1.6490 (170 pips). Not a bad ratio, but I wanted to short at 1.6680 for stop to be 60 pips. It never got back to that level to short, so I...

What level did you buy the cable at? and as for aussie - what is your projection of the near target after 6950 and 7000 are done? I will be buying for 7155 target. And another question if I may: what is your target for long cable? is it just an intraday or longer term position?