EURGBP Trade Update – Hitting Support

May 19, 2016 0

We entered a short position on EURGBP earlier this month with an average entry position of .7858.  It took awhile for the pair to move lower but it finally dropped this week when the UK

Forex Portfolio: Up 60% – EURGBP

May 19, 2016 0

The Fed’s minutes were very good to the portfolio driving USDJPY over 110. EURJPY has also started to move but it his having an issue with jumping over the trendline which is around 124.5. The

EURJPY – Reasons to Stay or Get Long

May 17, 2016 0

The JPY bull case is running into headwinds. EUR has troubles of its own but is not likely to ease at the level of the BoJ. EURJPY Announcements Time Cur. Imp. Event Actual Forecast Previous

USDJPY – Reasons to stay long

May 17, 2016 0

USDJPY has added to the nice gain experienced during the last two weeks. It has moved back into the HVA ranging from 107.60 to 111.60.

EURGBP – Why the pair is heading lower

May 17, 2016 0

EURGBP broke lower last night and has continue toward the lower portion of the HVA. The UK missed its CPI and PPI numbers but the pair did not give up much of its gains which signals the bulls have run out of gas.

Live Forex Portfolio Is Up 45% YTD

May 17, 2016 0

The portfolio looks a little bit different this morning after closing AUDUSD last night. Although I wish I did not close the trade we are still booking a profit of over $800 which is a

Short EURGBP! It is about to break .7860

May 16, 2016 0

We have been holding a short EURGBP for a few weeks and thought that we could have been “early to the party.”  The last week and half is making the position look better because price

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