EUR/JPY Trade Alert (June 27)
Trend Trade: Look to buy the eur/jpy around 167-166.50. Consider taking partial profit on the shorts from 169. Remember to manage your trade and keep your risk low.
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Trend Trade: Look to buy the eur/jpy around 167-166.50. Consider taking partial profit on the shorts from 169. Remember to manage your trade and keep your risk low.
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CT Trade: Look to sell the eur/jpy around 169-169.5. Remember to manage your trade and keep your risk low.
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Trend Trade: Look to sell the gbp/usd around 1.9750-1.98. Remember to manage your trade and keep your risk low.
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CT Trade: Look to buy the usd/jpy around 107.50-107. Remember to manage your trade and keep your risk low.
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CT Trade: Look to sell the aud/usd around 0.95-0.9550. Consider taking partial profit on longs from below.
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Trend Trade: Look to buy the aud/usd around 0.9350-0.93. Remember to manage the trade and keep your risk low.
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Countertrend Trade Alert: Look to buy the eur/aud around 1.61-1.6050. Remember to manage your trade and keep your risk low.
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Look to sell the usd/cad around 1.01-1.0150. Remember to manage the trade and keep your risk low.
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The euro is coming down into the second Value Level of 1.56 ahead of the London session. Price will most likely head a bit lower since we didn't get the reaction we were looking for earlier. Keep looking for a place to get long around 1.5550-1.55. Remember to follow the rules of engagement to time your entry.
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Trend Trade Alert: Look to buy the nzd/usd around 0.7850-0.78. Remember to manage your trade.
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Look to sell the gbp/usd around 1.9850-1.99. Remember to manage the trade and keep your risk low.
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Look to sell the eur/usd around 1.5750-1.58. Remember to manage the trade and keep your risk low.
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Look to buy the usd/jpy around 103.50-103. Remember to manage the trade.
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Look to sell the aud/usd around 0.96-0.9650.
Look to buy the eur/jpy around 161.50-161.
Remember to manage the trade and keep your risk low.
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Look to buy the nzd/usd around 0.7550-0.75. Remember to manage your trade.
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Look to buy the usd/jpy around 103.50-103.00. Remember to manage your trade.
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Have a look at the eur/jpy. Consider taking a long around 159.50-1.59. So far the cable has held support at 1.95. If this area holds we could have a nice rally on our hands. Remember to manage the trade and not to overextend your account if trading more than one currency. Let me know if you have any questions.
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Look to get long the eur/usd around 1.53-1.5250. Remember to manage your trade.
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After several attempts to bounce off 1.9950 the gbp/usd has been stopped repeatedly at 1.9586. Trade with caution as it's starting to move lower before going higher.
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Look to buy the GBP/USD around 1.96-1.9550. Remember to manage the trade and to keep your risk low. If you have questions about the rules of engagement, please let me know.
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Look to buy the eur/usd around 1.5450-1.54. Remember to manage the trade and keep your risk low.
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Look to buy the gbp/usd around 1.98-1.9750. Remember to manage the trade.
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Look to sell the gbp/usd around 2.01-2.0150
Look to sell the eur/usd around 1.5650-1.57
Pick the setup you like the best and focus on it. We may get a few chances at this trade. Be patient and manage the trade. Great job to those that are you're still holding cable longs from 1.98-1.9750. Consider taking some profit.
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Today we had a buy setup on the GBP/USD around 1.9950-1.99. Our first target was hit as price made a low of 1.9949 and then promptly reversed making a high of 2.023 for a 70 pip move. As price came down to 1.99 it fell through support and has since made a low of 1.98.
Look to buy the gbp/usd around 1.9800-1.9750. Manage the trade as we could get several chances at it.
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Look to buy the gbp/usd around 1.9950-1.99. Remember to manage the trade.
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Shortly after sending the sell setup on the euro, it moved down about 40 pips from the initial sell zone at 1.56. The euro has moved back up and is currently at 1.5607. It’s important that you manage the trade and not let winning trades turn into a loser. If it comes back up like it did now, all that means is that we’ll get another chance at the trade. Stand aside for now and wait for the London and/or NY sessions to look for another setup.
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The euro gave a few bounces yesterday for 30-40 pips as the 1.55 area was being tested. After that it pushed into new high territory making a high of 1.5622 during the London session. Whether or not you were able to pull off a few small winning trades or had a trade that didn’t work out as expected, the important thing is to stay nimble and be patient for the next setup. There is a correction coming around the corner.
Look to sell the eur/usd around 1.56-1.5650.
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Look to sell the eur/usd around 1.5475 – 1.5525. Remember to manage the trade.
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We didn't get the reaction yet that I was looking for on the sell setup on the cable and euro yesterday. There were only a few slight retracements before the cable and euro pressed higher. This is why it's important to manage your trades. Especially, coming into a major news announcement. This trade could just as easily worked out which is why it's important to realize that not all trades will be winning trades. We must keep taking the trades as the setups appear and manage it after the trade is on. When there is a loss, know that there is another trade right around the corner. Be patient and wait for the setup.
The cable and euro quickly came back down after spiking up to take out stops. Keep looking for a place to get short.
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Look to sell the usd/cad around .9950-1.0. Remember to manage the trade.
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If you are still waiting for trade setup, have a look at the aud/usd. Look for a place to sell around .9450-.95.
Happy Trading!
Jared
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Look to sell the eur/usd around 1.4900-1.4950
Look to sell the gbp/usd around 1.9950-2.0
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