Daily Archives: May 19, 2009

Market Update

The U.S. Commerce Department announced that housing starts dropped 12.8 percent in April to an annual rate of 458,000 units. The result for March was revised to a rate of 525,000 units, a decline of 8.5 percent from the previous … Continue reading

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USDJPY: Open Short Trade

Both MACD and Parabolic have signal SELL. USDJPY has broke support level at 96.13 Shorted USDJPY at 96.06 Stop level at 96.90 Target level at 95.30

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USDJPY: 26 Pips Loss

I closed my position at 96.35, 26 pips loss. Original trade: Bought USDJPY at 96.61 Stop level at 95.80 Target level at 97.75

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EURUSD: 57 Pips Profit

I closed my position at 1.3646, 57 pips profit. Original trade: Bought EURUSD at 1.3589 Stop level at 1.3510 Target level at 1.3689

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EURUSD: Open Buy Trade

EURUSD has broke out of the downtrend channel Bought EURUSD at 1.3589 Stop level at 1.3510 Target level at 1.3689

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EURJPY: 66 Pips Loss

EURJPY suddenly spikes up. I closed my position at 131.21, 66 pips loss. Original trade: Shorted EURJPY at 130.55 Stop level at 131.30 Target level at 129.50

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AUDUSD: 29 Pips Loss

I closed my position at 0.7693, 29 pips loss. Original trade: Shorted AUDUSD at 0.7664 Stop level at 0.7740 Target level at 0.7500

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EURUSD chart

EURUSD is falling from the peak of the downtrend channel:

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