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. :-)
December 2nd, 2011

Forex Trade #156: Buy EUR/USD @1.3470

jpyforexfan

It’s 07:45am London time. Ahead of the NFP release later today, I’ve just taken a long position in the Euro/Dollar forex pair at the level of 1.3470
SL: as per my trading plan
Target: 1.3580

Here’s the hourly chart of EUR/USD as of right now:

November 28th, 2011

Forex Trade #155: Buy EUR/GBP @0.8580

jpyforexfan

It’s 06:44am London time. I am opening a long position in EUR/GBP forex pair at the level of 0.8580.
Stop Loss: as per my trading plan
Target: open

Here’s the hourly chart of the Euro/Pound forex pair:

November 28th, 2011

Forex Trade #154: Buy EUR/USD @1.3301

jpyforexfan

It’s 06:41am London time. I am going the opposite way, hopefully to collect quite a few pips. I bought the EUR/USD forex pair at 1.3001.
SL: as per my trading plan
Target: 1.34

Here’s the hourly chart of the Euro/Dollar forex pair:

October 18th, 2011

Forex Trade #148: Buy EUR/CHF @1.2363

jpyforexfan

It’s about 19:15 London time. I bought some EUR/CHF at the level of 1.2363. I had this brilliant idea that while I have a long in USD/JPY in anticipation of an intervention by the Bank of Japan to weaken the yen (as they are repeatedly warning us forex experts ;-) these days), I could also hold a EUR/CHF long in anticipation of another move (like last month) by the Swiss Nat’l Bank to raise the floor to … who knows, 1.40?
SL: as per my trading plan
Target: open

Here’s the daily chart of the EUR/CHF forex pair: