The JPY Crosses are doing well so far based on the JPY Index Stength …
Aug
31
2010
31
2010
Aug
31
2010
31
2010
Heads up: Possible Yen Strength
Its early morning here in Asia and the market still has to digest what BOJ has been doing in last 24 hours however as per the JPY Index chart it looks like we might be getting ready for another round of possible JPY Strength … but as it happens during the Intervention periods, the picture [...]
Jun
11
2010
11
2010
JPY Crosses: Support Resistance Levels
JPY Index has finally signalled an opportunity to move on upside, however 50.00 is still a great challenge to be broken … Below 49.03 the Bias for upside will become invalid …
May
28
2010
28
2010
JPY Crosses: Moving Up
The JPY Crosses have had a nice run on Hourly TF since yesterday as the JPY Index shows in the chart. I’m bit careful to see whether this is a new Bullish move or just a Correction to the Bearish run we’ve had since last few weeks now. 4H chart will confirm which way we’re [...]
May
19
2010
19
2010
JPY Crosses: The journey continues
As suggested earlier, the journey for JPY Crosses on the down side is still very much alive, some of the pairs have given a wonderful run during last week or so … AUDJPY: Short from 82.50 current price is 78.27 CADJPY: Short from 90.27 current price is 87.91 CHFJPY: Short from 82.50 current price is [...]
Feb
24
2010
24
2010
Trade Results: JPY is JPY
Just as we thought … JPY has always been my favourite Currency because when it gives signals it gives you quite clear signals. I’ve been to around 1000 pips in profits on all the JPY Crosses …
Feb
22
2010
22
2010
Heads up: Possible Yen Strength
I’m looking at a possible Yen Bulls run on the Yen Crosses (CHFJPY may be an exception) more specifically around GBPJPY, AUDJPY, NZDJPY and possibly CADJPY too … However, it all depends on how powerful the Kumo Breakouts appear on 4H and 1H charts …
Jan
25
2010
25
2010
Ichimoku Analysis: Possible weakness of Euro
I’m watching for signs of a possible Euro Weakness against the number of currencies, such as USD, CHF, JPY, AUD and NZD. EURUSD currently seems to be forming a typical 5 waves pattern, might be a good chance if the pattern is validated during NY Open …
Jan
20
2010
20
2010
Belkhayate System: An example
In an attempt to keep my self out of controversy, I’ve tried my best Not to discuss too much about my adventures into Belkhayate System. However, my friends know this very well that I’ve been live with this system since late November 2009 and currently I’m trading NASDAQ based CFDs by using this wonderful swing [...]
Jan
14
2010
14
2010
Trading Idea: EURJPY
EURJPY is the pair I’m watching closely for a Potential Entry if things worked out …
Nov
30
2009
30
2009
Trade Updates: Holding JPY Crosses Trades
Although the Kumo Cloud has made a lower curve because of this recent upside move in USDJPY and other JPY Crosses, I’m still willing to hold my Short Trades and aim for booking more profits if and when we see another (most probably a final) leg down towards the 83.xx and 82.xx levels. Holding these [...]
Nov
29
2009
29
2009
Ichimoku Analysis: Bearish on JPY Crosses 29th Nov 2009
I suggest caution for those who are either Long already or Feeling Bullish on JPY Crosses. The picture is very much Bearish as yet until we see a strong commitment from BOJ to intervene …
Nov
18
2009
18
2009
Intraday Bias: 18th Nov 2009
Yesterday was weird, overall the Dollar made a nice comeback, though I’m still not sure about its long term prospects. I need to find some time today to analyze SP500 and USD Index for a better clear picture. In terms of Intraday trades, I was stopped out on EURUSD with 35 pips in loss but [...]
Nov
17
2009
17
2009
Intraday: 17th Nov 2009
Based on yesterday’s Bias, almost everything worked well and according to the plan except USDJPY Long call. I’ll maintain the same bias for today as well with the same targets around 90.30 but in order to go long this first need to drop below 88.75 level, also note that a tight Stop Loss is highly [...]
Nov
16
2009
16
2009
Intraday: 16th Nov 2009
In continuation with the overall Trend Bias from last week’s trading, I still support the Dollar Weakness, however there seem to be Japanese Yen Weakness (look for potential chances in AUDJPY, GBPJPY, CADJPY, CHFJPY and NZDJPY if they form a Bullish Setup) getting momentum and that might bring us great opportunities throughout the week. However, [...]
Nov
14
2009
14
2009
Weekly Ichimoku: Major Pairs 14th Nov 2009
EURUSD: GBPUSD: USDCHF: EURJPY: USDCAD:
Nov
13
2009
13
2009
Intraday Trade Results: 13th Nov 2009
Based on the Bias published earlier, here are the results so far: EURUSD took first set of profits at 1.4890, may still appreciate further USDJPY stopped out 90.31 just before the Breakout in opposite direction, already took profits yesteday at 90.60 GBPUSD took profits at 1.666 USDCHF still in short trade, positive so far EURJPY [...]
Nov
13
2009
13
2009
Intraday: 13th Nov 2009
Welcome to Friday the 13th anyways, here is the Intraday Bias I have: EURUSD to rise back to 1.49xx level after finding support at somewhere around 1.4850 USDJPY to continue rising to somewhere around 90.80 or lets make it 90.75 for safe side GBPUSD may have found a support at 1.6540, could rise back to [...]
Nov
12
2009
12
2009
Trading Idea: JPY Weakness
Just a heads up … Watch out for the Trading opportunities created by the possible JPY weakness. PS: Also, look at ZARJPY if you trade this pair.
Nov
12
2009
12
2009
Trade Updates: 12th Nov 2009
Based on the Bias published earlier, here are few updates. USDJPY Long is still in Negative while I’m waiting for USDCAD and USDCHF to finish the limited upside moves before they can be possibly shorted. For EURUSD, I’ve taken profits at 1.4938, not sure about its next move As shown in chart GBPUSD can rise [...]
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