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Going long UsdJpy again at market open

AdamFx42 Posted 5 Feb.  in #Trader's blog #Usdjpy #Market Indecision #Long Retracement
Looking for indecision in the markets again today
UsdJpy finished low on friday
and I expect it to bounce back again on Monday
There is sideways action in the majors lately due to major global changes, I guess
Although I believe EurUsd will get back up above 1.10 again soon,
I don't think it will be this month - a change in global sentiment is needed
gl all this week
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End of another week - still the job to do

AdamFx42 Posted 18 July  in #Trader's blog #Market Indecision #No Profit #Looking For Positions
At the end of this week of trading I am back to where I started a week ago - moneywise
I won some, then lost it again - the markets seem to be slowing down even more to me
Still, there must be some good positions to take, because I see a lot of traders in the competition
making some good money - well done!
I feel that the trouble in Ukraine will still way down on the market and forex traders the coming week
so I will be looking for the so-called safehaven currencies, and trying to go long there:…
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EURo awaiting data

AdamFx42 Posted 5 Feb.  in #Trader's blog #EUR/USD #Data #Short Position #Market Indecision
Eur is hanging around the 1.35 level waiting for tomorrows data releases
What traders are thinking is it will fall on comments made by Draghi
The situation in Europe has come under questioning again because of market weakness -
Usd has had a lot of bad data lately, and the pound has been bleeding too
It looks like it is time Euro gets hit too
There is a lot of technical analysis going around that points to a Euro plummet
I like the 1.3360 area to hold any fall,
and to me this would be a great TP…
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USD/JPY at a crucial point - make or break time

AdamFx42 Posted 25 Jan.  in #Trader's blog #Market Indecision #Yen Strength #USD Pivot #Strong Support Area #Best Trade
Usd/Jpy and the crosses have been knocked down hard yesterday by Yen strength across the board,
Chinese economic trouble, bad data for US seem to be the combination of factors
why investors are selling off the Usd
Usd/Jpy now stands at a critical support point - just above 101.95, which is daily trendline;
a break of 101.95 will also take out the lows of Friday - 102,
and traders believe a long haul down, a final leg will subsequently evolve,
and more importantly, if this happens it will not onl…
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