ForexSurvivor
Always in the market signalling 40 different currencies with spread less than 35pips, 10 Equities, Crude Oil, & Gold.
(04 Mar US) Latest Impact: Yen crosses bottomed!
The bear market in the yen crosses (EURJPY…) has rated a double bottom move with the squeeze of the uptrend in usdjpy today. Signal should be reversed from a bearish atmosphere towards bullish one and we would be looking to buy dips within the next sessions.
Although equities, which are hitting unseen lows for more than a decade, were the driving force of the yen, such driving compelled an exhaustion association (equity + yen crosses) for now.
The factor beyond the uptrend is purely an ‘economical export indicator’ and the double bottom shaped on all yen crosses imply a clarification to hunt for a new up-wave.
GBPJPY: Long 14020; TP 55pips
Weekly Signal Résumé
26 Feb: (Limit Order): Sell GBPUSD @ 14000; TP 15pips [Target met 02 MAR]
20 Feb: New Signal: Long EURUSD @ 12720; TP 15pips (Target met late evening 20Feb)
13 Feb: New Signal: Long GBPAUD @22000; TP 55pips (target met 15 Feb)
10 Feb: Short EURUSD @ 12702; TP 15pips (target met 15 Feb)
Long GBPSGD @ 21890; TP 55pips: Feb 05 Mission Accomplished.
(Position working of 30 Jan: Buying AUDNZD @ 12600; TP 13200 is an ok trade as long as 12255 is not seen again.)… (Feb 03: Move stop to 12400); Feb 05: Move stop to Entry Level. Feb 09 – position stopped breakeve although 120pips were given.
GBPJPY closed breakeve (although 220pips have been made) as the rally did not last
15pips GBPUSD Mission Accomplished; Reminder: Short 15000 (Revise ForexSurvivor Weekly Weekend Newsletter 09 Jan 2009).
2 Positions GBPAUD closed this week (05-09 Jan) with 15pips each. No open position left.
Risk Certification
The Potential Flows of Trading Information constitute my (Anthony Samaha) judgment and are not trading recommendations. ****
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