Our trades this week:
NZDJPY longs at 0945/25 recovered to 9100, not reaching my 9110 target yet, but hopefully today.
CADJPY longs at 109.00/108.90 are working on the bounce to 109.67 as I look for the next target of 109.80 to be hit today.
CADJPY should have resistance at 109.85/95.
AUDJPY longs at 9720/00 are working on the bounce towards my next target of 9780.
EURUSD hit my buy level of 1.0915/05 but we are waiting for the recovery for profit taking.
GBPUSD longs were stopped at the 1st buy level.
GBPUSD longs at 1.2765/45 however are working with a low for the day exactly here before a bounce to the 1st target of 1.2790.
USDCAD made a high for the day exactly in the middle of the sell range of 1.3515/35 as we wait for a sell of towards 1.3470, perhaps as far as 1.3420.
Although we are still mostly stuck in longer term sideways ranges we are finding good opportunities again, albeit with limited profit potential because volatility remains so low
Join my free telegram group for analysis and signals. https://t.me/daytradeideas
With almost 40 years experience, Jason Sen began trading his own account on the floor of the London International Financial Futures Exchange at the age of 19, in 1987. He spent 15 years specialising in market making interest rate and index options on floor then moved on to trading forex on screen at the turn of the millennium. He is also recognised as a skilled technical analyst developing this expertise for the last 20 years.
His extensive trading experience from the LIFFE trading floor to screen trading and deep understanding of technical analysis give him a thorough understanding of the financial markets and the factors that drive them.
#Forexdaytrader #tradeideas #forextrading #tradingforex #forextrends #forexpatterns #forextradeideas #forexanalysis #fxdaytrader #fxdaytrading #forexstrategies #fxstrategies #fxtradeideas #forextradesignals #forexstrategy #daytradingfx #forexdaytrading #forexsignalslive #forexsignals #forexmentor #tradingforex #currencytrading
