Market Watch
Profit: 1117 pips
This week: 1982 pips
This month: 3734 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)
AUDJPY (Feb) – The monthly MACD is going down further from the zero line and STOC seems to turn down back to the oversold level, so this is still a chance to buy it – Yesterday 2/13 we closed some of our positions and took a profit of 77 pips. We are now holding covered long positions at (2) 79.402 and (1) 79.286 and (5) 78.563 and (6) 78.237 and (3) 78.906.
CADJPY (Feb) – Monthly MACD is reluctant to go down further from the zero line and STOC is continue to hover over the oversold level, so it’s a chance to buy it – Yesterday 2/13 we closed some of our positions and took a profit of 63 pips. We are now holding covered long positions at (3) 86.434 and (1) 84.049 and (4) 83.812 and (2) 83.776 and temporary short positions at (5) 83.820.
EURCAD (Feb) – Monthly MACD continues to go down to the zero line and STOC is trying to reach the mid level, it’s still a chance to sell this pair – We are now holding short positions at (2) 1.51463 and temporary long positions at (1) 1.50543 and (6) 1.49905 and (4) 1.49376.
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. Yesterday 2/13 we closed some of our positions and took a profit of 98 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) 9.74242.
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) 1.13576 and (2) 1.13782.
GBPAUD (Feb) – Monthly MACD is slowing down to the zero line and STOC is attempting to back up to the overbought level, so this is a chance to sell it – Yesterday 2/13 we closed some of our positions and took a profit of 204 pips. We are now waiting for another chance to get back in.
GBPCAD (Feb) – The monthly MACD continues to go sideway under the zero line and STOC is approaching the oversold level, so this is still a chance to sell it – Yesterday 2/13 we closed some of our positions and took a profit of 291 pips. We are now waiting for another chance to get back in.
NZDJPY (Feb) – The monthly MACD is attempting to go back up to the zero line and STOC is slowing down on the way to the mid level, so it’s a chance to buy it – Yesterday 2/13 we closed some of our positions and took a profit of 265 pips. We are now holding long positions at (2) 75.034 and (6) 75.273 and (5) 75.719 and temporary short positions at (1) 75.810.
USDCAD (Feb) – The monthly MACD is turning back down to the zero line and STOC is leaving the overbought level, so this is a chance to sell it – Yesterday 2/13 we closed some of our positions and took a profit of 78 pips. We are now holding short positions at (5) 1.32321 and (6) 1.31232 and (1) 1.31442 and (2) 1.32362 and (3) 1.33060 and temporary long positions at (4) 1.32534.
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 – We are now holding covered short positions (5) 0.96106 and (1) 0.99948 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 – Yesterday 2/13 we closed some of our positions and took a profit of 41 pips. We are now holding long positions at (4) 111.370 and (6) 111.450 and (1) 110.444 and temporary short positions at (5) 108.437 and (2) 110.964.
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.