For the last couple of years I’ve had a system for buying and selling foreign currency pairs online that generates about 5 to 10 pips profit per...
I'm now deeming EURUSD, USDCHF, GBPJPY, and EURJPY to be confirmed intraday bullish as of 8:44 p.m. GMT.
At 6:50 p.m. GMT AUDUSD now looks to be pointed in a SHORT-TERM northbound trajectory. (No confirmation of a full-fledged bullish reversal as of yet.)
In fact, I bought the pair at around 87.00. [ATTACH]
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I interpreted price action as communicating that the pair no longer wished to continue south—at least not in the short term. The 1.1610 level...
AUDJPY turned bearish 7 hours ago, but at 87.02, the structural pressure on it to turn north will increase with every pip to the south, so there...
Stopped out at 1.1601...guess I was wrong, but it happens.
Looks like the Aussie-Yen decided to go bullish.
I decided to buy EURUSD, so I went to FX Empire to see what Christopher Lewis had to say. However, I haven’t seen much of him there since a week...
My winning percentage is back up above 80% (the minimum of what I find acceptable) but I still need to do something about the fact that my average...
According to the methodology I use in forecasting the Forex market, EURUSD switched from a bearish to bullish sentiment about an hour and a half...
AUDJPY - as long as it's hanging around 87.41 the intraday sentiment is neutral. AUDUSD - intraday sentiment turned bullish about four hours ago....
If AUDJPY falls back below 87.41, it bearish sentiment, from my perspective, will have been reestablished.
This is the second time since this week's open a few hours ago that I'm looking to pick up a few pips profit by buying USDJPY. [ATTACH]
I'm trying to profit off of AUDJPY both coming down and going up... [ATTACH]
I'm hoping to profit from a second round of buying USDCHF this session... [ATTACH]
Nonetheless, I'm hoping to make a few pips profit by selling as the market makers seek to get out of their upside down positions: [ATTACH]
The economic news out of Japan has turned this situation around so that AUDJPY's intraday trend is now bullish! The same is true of EURJPY.
This momentary "pop" might turn out to have been not such a bad opportunity to sell. [ATTACH]
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