Market Watch
Profit: 898 pips
This week: 1428 pips
This month: 9333 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)
CADCHF (Jan) – Monthly MACD is attempting to get back up to the zero line and STOC is slowing down right above the oversold level, so it’s still a chance to sell it. We are now holding temporary covered long positions at (5) 0.75289 and (1) 0.74548 and (2) 0.75144 and (4) 0.74965.
CADJPY (Jan) – Monthly MACD is leaving down from the zero line and STOC is entering the oversold level, so it’s a chance to buy it – Today 1/25 we closed some of our positions and took a profit of 101 pips. We are now holding covered long positions at (3) 86.434 and (1) 84.049 and (6) 83.193 and (2) 82.669 and (4) 82.481 and (5) 82.875.
EURNOK (Jan) – Monthly MACD is slowing down on its way to the zero line and STOC is trying to go up to the overbought level, so it’s still a chance to sell this pair. We are now holding short positions at (5) 9.61875 and (6) 9.55286 and (4) 9.76165 and (1) 9.74656 and (2) 9.76815.
GBPJPY (Jan) – The monthly MACD is moving down slowly from the zero line and STOC is going sideway right at the oversold level, so it is a chance to buy this pair – Yesterday 1/24 we closed some of our positions and took a profit of 123 pips. We are now holding long positions at (1) 144.104.
NZDCHF (Jan) – The monthly MACD is trying to go back up to the zero line and STOC is slowing down under the mid level, so this is a chance to buy it – Today 1/25 we closed some of our positions and took a profit of 192 pips. We are now holding long positions at (5) 0.68320 and (1) 0.68118 and (4) 0.67385 and (3) 0.67961 and (6) 0.67933.
NZDJPY (Jan) – The monthly MACD continues going down from the zero line and STOC is still hovering right over the the oversold level, so it’s a chance to buy it – Today 1/25 we closed some of our positions and took a profit of 211 pips. We are now holding long positions at (2) 75.034 and (5) 74.413 and (6) 74.120 and (1) 74.992.
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 – Today 1/25 we closed some of our positions and took a profit of 271 pips. We are now holding long positions at (1) 0.68838 and (4) 0.68167 and (5) 0.67827 and (2) 0.68466 and (6) 0.68387.
USDCAD (Jan) – The monthly MACD seems unbale to go higher from the zero line and STOC is coming back from high in the overbought level, so this is a chance to sell it – We are now holding short positions at (5) 1.32321 and (4) 1.30240 and (3) 1.32592 and (6) 1.31232 and (1) 1.33312.
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 (4) 0.99484 and (2) 0.99730 and temporary long positions at (3) 0.99931.
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.