*Please watch the analysis video for more explanations*
Current Trade (Weekly of July 25th 2016)
LONG USD/JPY COMBINED @105.12 - FINISHED
WE will exit some lot at 105.13 BE to adjust our exposure to 1%
SL @102.47
we’re thinking of adding if the risk sentiment is on but we will probably exit everything prior to BOJ monetary decision on Thursday
current exposure 0.7%
I’m tightening my SL to 103.85 because this is a strong support from previous hourly swing low and current swing low, if it breaks at this level for Today to tomorrow, then i’m not interested to hold this trade anymore as we’re approaching the BOJ decision tomorrow so i’d like to get out and wait.
New SL 103.85
current exposure 0.3%
New SL 104.75
current exposure less than 0.1%
Move SL to BE because the market reacted to FOMC statement as negative or simply profit taking; but we do not have more conviction in the direction of Yen for now.
We got stopped out at BE.
SHORT NZD/USD @0.7100 & 0.7000
SL @ 0.7100 BE & 0.7180
current exposure 1%
we got stopped out for our 1st entry at BE at 0.7100; now second entry 0.7000 is still in.
current exposure 1%
stopped out
SHORT GBP/USD @ 1.3199
SL @ 1.3599
current exposure 1%
watch-list 07/28
no potential entry for now
Current Trade (Weekly of July 25th 2016)
LONG USD/JPY COMBINED @105.12 - FINISHED
WE will exit some lot at 105.13 BE to adjust our exposure to 1%
SL @102.47
we’re thinking of adding if the risk sentiment is on but we will probably exit everything prior to BOJ monetary decision on Thursday
current exposure 0.7%
I’m tightening my SL to 103.85 because this is a strong support from previous hourly swing low and current swing low, if it breaks at this level for Today to tomorrow, then i’m not interested to hold this trade anymore as we’re approaching the BOJ decision tomorrow so i’d like to get out and wait.
New SL 103.85
current exposure 0.3%
New SL 104.75
current exposure less than 0.1%
Move SL to BE because the market reacted to FOMC statement as negative or simply profit taking; but we do not have more conviction in the direction of Yen for now.
We got stopped out at BE.
SHORT NZD/USD @0.7100 & 0.7000
SL @ 0.7100 BE & 0.7180
current exposure 1%
we got stopped out for our 1st entry at BE at 0.7100; now second entry 0.7000 is still in.
current exposure 1%
stopped out
SHORT GBP/USD @ 1.3199
SL @ 1.3599
current exposure 1%
watch-list 07/28
no potential entry for now