Market Watch
Profit: 124 pips
This week: 2251 pips
This month: 6917 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)
AUDCAD (Jan) – Monthly MACD is turning back from the attemp to reach the zero line and STOC is slowing down on the way to the mid level, so this is a chance to buy it – We are now holding long positions at (1) 0.96577 and (2) 0.96063 and (4) 0.95698 and (5) 0.95145.
CHFJPY (Jan) – Monthly MACD is lingering right under the zero line and STOC is going down near the oversold level, so this is a chance to buy this pair – We are now holding covered long positions at (4) 111.746 and (2) 113.419 and (5) 112.776 and (6) 112.162 and (1) 111.697 and (3) 110.011.
EURGBP (Jan) – The monthly MACD continues to hover above the zero line and STOC is turning back to the overbought level, so this is a chance to sell it – Yesterday 1/16 we closed some of our positions and took a profit of 14 pips. We are now waiting for another chance to get back in.
EURJPY (Jan) – Monthly MACD is passing through the zero line and STOC is going sideway at the oversold level, it’s still a chance to sell this pair – We are now holding temporary long positions at (1) 127.929 and (5) 130.090 and (6) 128.164 and (4) 126.556 and (2) 124.503 and (3) 123.603.
EURUSD (Jan) – Monthly MACD is lingering at the zero line on the way down and STOC is trying to get out of the oversold level, so it’s a chance to buy this pair – We are now holding covered long positions at (4) 1.18934 and (1) 1.15003 and (3) 1.14717 and (5) 1.14066.
GBPCAD (Jan) – The monthly MACD continues to go sideway under the zero line and STOC is hovering over the oversold level, so this is still a chance to sell it – Today 1/17 we closed some of our positions and took a profit of 89 pips. We are now waiting for another chance to get back in.
GBPCHF (Jan) – Monthly MACD seems to go down further after making a cross and STOC is entering the oversold area, so it’s a chance to buy this pair – Yesterday 1/16 we closed some of our positions and took a profit of 21 pips. We are now waiting for another chance to get back in.
NZDUSD (Jan) – Monthly MACD is trying to go back to the zero line and STOC is slowing down after breaching out of the oversold level, so it’s a chance to buy this pair – Yesterday 1/13 we closed some of our positions and took a profit of 122 pips. We are now holding long positions at (1) 0.68838 and (2) 0.67669 and (4) 0.68167 and (5) 0.67827 and (6) 0.67399.
USDCHF (Jan) – Monthly MACD seems unable to go higher above the zero line and STOC is trying to get down from the overbought area, so it’s a chance to sell it – We are now holding covered short positions (5) 0.96106 and (1) 0.99018 and temporary long positions at (3) 0.99931 and (4) 0.98879.
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.