Forex Trading Strategies

The strength of all currencies have been back. Due to brexit, I still have same direction, USD is getting stronger. So EURUSD is down, GBPUSD is down, USDCAD is up, NZDUSD is down, AUDUSD is down.

USDJPY may go down, and same with EURJPY

GBPJPY is following GBPUSD and USDJPY.. going down.

The movement may be gigantic movement. Might be 1000 pips for GBPJPY & GBPUSD.

Entry EURJPY Sell at 117.08
SL 118
TP 111.18

I have exited all USD trades, including AUDUSD.

EURJPY has formed a double bottom and 123.50 is the resistance. The price has move up and back to 123.5 level.

Entry EURJPY at 123.86
SL 123.45
TP 126.20

EURNZD ended with losses, but however do not worry it still going down.

Somehow the EURJPY is showing a sell trigger
SELL EURJPY at 123.62
SL 124.17
TP 122

JPY has performing well. I have an open position of CADJPY currently in profit 100 pips. Sorry Yesterday didn’t info about this trade. Too busy with some meeting.

Now I am open EURJPY at 125.81
SL 126.12
TP 122.5

When the price has moved to 125.51, move the SL to entry price 125.81. This will protect you from unwanted movement.

Happy trading