Wednesday, 23 July 2014

Update on trades in June

EURCAD: Original post here recommending short positions at 1.4964 and 1.50405 targeting 1.45809.

EURCAD - Trade Result

Conclusion: Price reached the target in a continued down trend. (383.1 Pips + Positive Overnight swaps)

USDJPY: Original post here, recommending a short position based on a Head&Shoulders pattern.

USDJPY - Trade Result (In Play)

Conclusion: First short level was not reached at 103.050. Second short trade is in play from 101.745, targeting 100.005.

AUDJPY: Retracement failed. But we'll keep the idea open for a while.

AUDJPY - Trade Failed to trigger


CADJPY: This trade idea was originally posted in May with an entry price of 93.808 and the target revised to 95.6 in the follow up idea in June.

CADJPY - Trade Result
Conclusion: Price hit the target as expected. (1.792 Pips + Positive Overnight swaps)

GBPAUD: This trade has been in play since May. A short position was recommended at 1.82005, targeting a revised target of 1.7642. Price is currently at 1.80379 and move position to break even, making this risk free + positive overnight swaps being collected.

GBPAUD - Trade in play
Conclusion: Trade is in play with stops at Break even. Profit potential 558.5 pips

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