Market Watch
Yesterday: 308 pips
This month: 4619 pips
(Our daily post is for pairs that we entered or added more positions during the previous market day and for pairs that we closed for a profit. Pairs that are unchanged or inactive are not posted)
CADJPY (Oct) – Monthly MACD is starting to go up at the zero line and STOC is slowing down still under the overbought level, so it’s a chance to buy it – Yesterday 10/29 we closed some of our positions and took a profit of 62 pips. We are now holding long positions at (3) 86.434 and (1) 85.965 and temporary short positions at (4) 82.812 and (2) 83.988 and (6) 85.502.
CHFJPY (Oct) – Monthly MACD is trying to go up from the zero line and STOC is going sideway under the overbought level, so this is a chance to buy this pair – Yesterday 10/29 we closed some of our positions and took a profit of 51 pips. We are now holding long positions at (4) 113.924 and (5) 113.286 and (6) 112.420 and covered temporary short positions at (1) 111.795.
EURCHF (Oct) – Monthly MACD is reaching down to the zero line from the upper side and STOC is almost touching the oversold level, so it’s still a chance to sell this pair for awhile – Yesterday 10/29 we closed some of our positions and took a profit of 39 pips. We are now holding short positions (2) 1.11536 and (5) 1.11205 and (3) 1.11963 and (6) 1.11960 and (4) 1.13740 and temporary long positions at (1) 1.14081.
GBPJPY (Oct) – The monthly MACD continues to go sideway right under the zero line and STOC is reaching down almost to the oversold area, so it is a chance to buy this pair – Yesterday 10/29 we closed some of our positions and took a profit of 112 pips. We are now waiting for another chance to get back in.
NZDJPY (Oct) – The monthly MACD is trying to go back up to the zero line and STOC is starting to leave the the oversold level, so it’s a chance to buy it – Yesterday 10/29 we closed some of our positions and took a profit of 44 pips. We are now holding covered long positions at (1) 76.376 and (2) 74.140 and (5) 73.435 and (3) 73.835 and temporary short positions at (6) 73.074.
Disclaimer: This is a personal analysis, not an actual advice, therefore we will not accept any liability for any loss and damage which may arise directly or indirectly from the content of these and future articles.