Thread: Discuss all about FX open

GBP/USD D1 charting analysis


sell limit 1.6000, S/L 1.5600, T/P 1.5600

G/U will get a big retracement(400 - 500 pips) from 1.60, then continu uptrend to 1.64.

Correct: sell limit 1.6000, S/L 1.6050, T/P 1.5600

too high the position is, I think we can long it first before it go to 1.6

USD/JPY H1 charting analysis

buy UJ 94.60 , S/L 94.20 T/P 95.40

I have a short trade made in Last Fri, at 1.4030, now with 50 pips profits, set SL at 1.4

Originally Posted by primarylogic

G/U will get a big retracement(400 - 500 pips) from 1.60, then continu uptrend to 1.64.

i was closed my gbp/jpy trade for 150 pips more. I think gbp/usd price would affect gbp/jpy, so i will wait the time to buy it again.

USD/JPY H1 charting analysis

buy limit 94.50 , S/L 94.20 T/P 95.40

Originally Posted by Alizain

maybe you are right, we can follow the update about that situation and good traders will know how to get profits from that :)

Definitely buddy!!! Also, on Saturday European Central Bank President Jean-Claude Trichet said that allowing more inflation by injecting money into the economy and driving up national debts will not help the economy recover any quicker. The comments came during a speech in Rome to an audience at the G30 bankers and academics and were taken as a direct swipe to the US and British governments who have made it a policy to inflate the economy in order to stimulate growth.

my short trades was SL out, or I will earn more than 150pips today

EUR/USD H4 charting analysis


sell 1.4005 - 1.3990, S/L 1.4040, T/P 1.3750