Displaying posts filed under

CADJPY

Aug
31
2010

Trade Updates: JPY Strength

The JPY Crosses are doing well so far based on the JPY Index Stength …

Aug
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

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

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

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

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

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 …

Nov
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

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
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
5
2009

Trading Idea: Yen Crosses

Just a heads up, watch Yen Crosses … there seems to be a great opportunity around the corner. However, be warned that there are too many news releases coming up and specially the NFP, so trade on your own risk. Good luck.

Oct
14
2009

Trade Updates: Yen Crosses Stopped Out

I’ve been Stopped Out on EURJPY and CADJPY with 1 pip of profit on both of the trades. I’ve a flight to catch on weekend and not going to enter into any new trades right now except few of the Long Term things that I’ve been looking at. Will post updates if things change …