Market Watch
Profit: 363 pips
This month: 2115 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)
AUDUSD (Feb) – Monthly MACD is trying to get back up to the zero line and STOC is still lingering above the oversold level, so it’s a chance to buy this pair – Yesterday 2/10 we closed some of our positions and took a profit of 149 pips. We are holding covered long positions at (5) 0.73728 and (3) 0.74624 and (6) 0.70655 and (2) 0.71904.
CADCHF (Feb) – 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 buy it. We are now holding long positions at (2) 0.75247 and temporary short positions at (1) 0.75621 and (5) 0.76102 and (4) 0.75740 and (6) 0.75417.
EURNOK (Feb) – Monthly MACD is on its way to the zero line and STOC is lower to the mid level, so it’s still a chance to sell this pair. Today 2/11 we closed some of our positions and took a profit of 189 pips. We are now holding short positions at (5) 9.61875 and (6) 9.73712 and (4) 9.65508 and (2) 9.70660 and (3) 9.78547 and (1) 9.83291.
EURUSD (Feb) – Monthly MACD is lingering at the zero line on the way down and STOC is turning back lower in the oversold area, 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) 1.13745 and (5) 1.14066 and (6) 1.14464 and (2) 1.13782.
NZDCAD (Feb) – Monthly MACD is trying to get back to the zero line and STOC is slowing down on its way to the oversold level, so this is a chance to buy it – We are now holding long positions at (2) 0.90409 and (1) 0.89552 and temporary short positions at (5) 0.87403 and (6) 0.88326 and (3) 0.89724 and (4) 0.89507.
USDCHF (Feb) – Monthly MACD seems unable to go higher above the zero line and STOC is trying to get up a little bit in the overbought area, so it’s a chance to sell it – Today 2/11 we closed some of our positions and took a profit of 50 pips. We are now holding covered short positions (5) 0.96106 and (1) 0.99018 and (4) 0.99484 and (2) 0.99730 and (6) 1.00259 and (3) 1.00431.
USDJPY (Feb) – Monthly MACD is back down at the zero line and STOC is reaching down to mid level, so it is still a chance to buy this pair – Today 2/11 we closed some of our positions and took a profit of 164 pips. We are now holding long positions at (4) 111.370 and (6) 111.450 and (1) 110.444 and (2) 110.463 and temporary short positions at (5) 108.437.
USDNOK (Feb) – Monthly MACD is trying to go higher from the zero line and STOC is slowing down from high in the overbought level, so it is a chance to sell this pair – Yesterday 1/30 we closed some of our positions and took a profit of 110 pips. We are now holding temporary covered short positions at (5) 8.06851 and (1) 8.18242 and (2) 8.82869 and (3) 8.00149 and (6) 8.43331 and (4) 8.42044.
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.