Forex blog – JPY forex fan

A forex blog about making pips in any currency pair

Welcome to my forex blog. I am a great believer in luck and I find that the harder and smarter I work the luckier I get. :-)
E-mail:
info@jpyforexfan.com
July 29th, 2010

EUR/USD is trying to break through the resistance 1.3045

jpyforexfan

The tough resistance at 1.3045 could have been broken. Let’s see if it retreats. I hope not.
Here’s the hourly chart of EUR/USD as of now (08:14am GMT):

Posted in Forex Analysis, Forex Trades | No Comments »

July 29th, 2010

Trade #41: Moving stop loss up another 50 pips

jpyforexfan

Moved the Stop Loss to 113.00 making sure I get at least 112 pips from this trade.
here’s the hourly chart with a nasty Hanging Man reversal formation having formed in the last hour:

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July 28th, 2010

EUR/JPY: Resistance at 114.72 forming

jpyforexfan

You can appreciate a resistance level forming at 114.72 on the hourly chart of EUR/JPY. I hope we can go beyond it by the end of the day.

Posted in Forex Analysis, Forex Trades | 2 Comments »

July 28th, 2010

Potential Trade #42: Sell EUR/JPY @115.38

jpyforexfan

This is just a waiting order I’ve just put in. Selling EUR/JPY at 115.38 with a SL at 115.80 and a target at 114.90

Posted in Forex Trades | No Comments »

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