Latest Trade Ideas

Performance

Candlesticks and Ichimoku Trade Ideas Performance Update

Typography

The long positions entered in cable at 1.2215 in the previous week was stopped at 1.2180 and although sterling extended weakness to 1.2109, decent demand emerged there and the British pound finally staged the anticipated rally from there to even above 1.2400 level late last week.
 
Another long position was entered in EUR/USD at 1.0640, however, the retreat from 1.0713 was just a bit deeper than expected, the position was stopped at 1.0610 before the single currency finding renewed buying interest and rallied as suggested to as high as 1.0782 on Friday. 

In short, 2 positions were entered among all 4 currency pairs with total loss of 65 points and the positions are listed below:


13 Mar: GBP/USD - Long at 1.2215, exited at 1.2180 (- 35 points)
14 Mar: EUR/USD - Long at 1.0640, exited at 1.0610 (- 30 points)



|                 JPY             EUR             CHF            GBP

Jan          + 167             - 85              - 10            + 50
Feb          + 200            +150             +93            - 59
Mar               -8                -35                  0           - 35
Apr          
May         
Jun          
Jul           
Aug         
Sep             
Oct         
Nov        
Dec                                                                                               
Y-T-D       + 359            + 25                +83           -44     

 

About the Contributor
Author: Action Forex
More from the contributor