last week i was stopped in one of my EURAUD order but the other is still working . Look at the previous post for more details.
This week we have the Eurogroup on Monday which will be the main event . My attention has been recently in the USDJPY pair which seems ready to break the range that has been traded in the last 8 months.BOJ has announced last week that will increase the QE and continue buy assets directly making yen substantially weaker.
I will take a long position a placing a pending at 78.60 with s/l 75.40 and t/p 81.50 valid for a week
I will also buy at the opening at market and place s/l at 75.40 . This will be a strategic postion in adition with my EURCHF with a target around 90 !
Orders:
1. USDJPY BUY @ 78.60, S/L 75.40 , T/P 81.50
2. USDJPY BUY @ at the market opening, S/L 75.40 T/P 90
Updated 26/02/2012: I have opened a long position in USDJPY @ 79.54 in the beginning of the week. However due to a busy schedule havent had the time to update up till now
This week we have the Eurogroup on Monday which will be the main event . My attention has been recently in the USDJPY pair which seems ready to break the range that has been traded in the last 8 months.BOJ has announced last week that will increase the QE and continue buy assets directly making yen substantially weaker.
I will take a long position a placing a pending at 78.60 with s/l 75.40 and t/p 81.50 valid for a week
I will also buy at the opening at market and place s/l at 75.40 . This will be a strategic postion in adition with my EURCHF with a target around 90 !
Orders:
1. USDJPY BUY @ 78.60, S/L 75.40 , T/P 81.50
2. USDJPY BUY @ at the market opening, S/L 75.40 T/P 90
Updated 26/02/2012: I have opened a long position in USDJPY @ 79.54 in the beginning of the week. However due to a busy schedule havent had the time to update up till now
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