Market Watch

Profit: 498 pips
This month: 2,050 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 (Sep) – Monthly MACD continues to go sideway right under the zero line and STOC seems unable to go up higher from the mid level, so it’s still a chance to buy it – On 9/24 we closed some of our positions and took a profit of 61 pips. We are now holding covered long positions at (6) 0.75175 and (3) 0.75688 and (1) 0.75338 and (2) 0.75107 and temporary short positions at (4) 0.74382 and (5) 0.74602.

CADJPY (Sep) – Monthly MACD is closing the gap on itself under the zero line and STOC is reaching down to the oversold level, so it’s a chance to buy it – On 9/24 we closed some of our positions and took a profit of 93 pips. We are now holding covered long positions at (3) 86.434 and (1) 84.074 and (2) 83.784 and (5) 81.936 and temporary short positions at (6) 80.840 and (4) 81.348.

EURGBP (Sep) – The monthly MACD is still hovering above the zero line and STOC is going to make a cross downward after leaving the overbought area, so this is still a chance to sell it – This week we closed some of our positions and took a profit of 57 pips. We are now holding covered short positions at (4) 0.87998 and temporary long positions at (1) 0.89423 and (2) 0.88771.

GBPAUD (Sep) – Monthly MACD continues to go sideway right above the zero line and STOC is reaching to the mid level, so this is a chance to sell it – On 9/26 we closed some of our positions and took a profit of 91 pips. We are now holding short positions at (4) 1.82270.

GBPCAD (Sep) – The monthly MACD is moving sideway under the zero line and STOC is trying to get out of the oversold area, so this is a chance to buy it – On 9/24 we closed some of our positions and took a profit of 87 pips. We are now holding long positions at (5) 1.70915 and (4) 1.69065 and (2) 1.67266 and (1) 1.66027 and temporary short positions at (6) 1.64160.

GBPNZD (Sep) – The monthly MACD continues to go sideway at the zero line and STOC is reaching up almost to the mid level, so this is still a chance to buy it – On 9/26 we closed some of our positions and took a profit of 109 pips.We are now holding temporary short positions at (5) 1.92103 and (1) 1.95199.

USDCAD (Sep) – The monthly MACD has been going sideway above the zero line for more than 3 months and STOC is lifting itself up a bit from the mid level, so this is a chance to sell it – This week we closed some of our positions and took a profit of 26 pips. We are now holding short positions at (4) 1.31626 and (5) 1.31931 and (6) 1.31691 and (1) 1.32249 and temporary long positions at (3) 1.32985 and (2) 1.32446.

USDCHF (Sep) – Monthly MACD is trying to reach higher from the zero line and STOC is turning up from the mid level, so it’s still a chance to sell it – Today 9/24 we closed some of our positions and took a profit of 163 pips. We are now holding covered short positions (5) 0.96106 and (4) 0.98229 and (6) 0.98320 and (3) 0.98561 and (2) 0.98551 and (1) 0.98755.

USDJPY (Sep) – Monthly MACD continues to go down far away from the zero line and STOC is going sideway right above the oversold level, so it is still a chance to buy this pair – Today 9/24 we closed some of our positions and took a profit of 72 pips. We are now holding long positions at (2) 109.331 and (1) 109.693 and temporary short positions at (6) 107.468 and (5) 107.041 and and (4) 0.98229 and (3) 0.99014.

Disclaimer: This is a personal analysis, not an actual advice, therefore we will not accept any liability for any loss and/or damage which may arise directly or indirectly from the content of these and future articles.