ak10's Blog
MERRY CHRISTMAS ALL
HELLO COMMUNITY MEMBERS AND SUPPORT TEAM.
MERRY CHRISTMAS TO ALL.
MAY THIS COMING YEAR WOULD BE FULL OF DESIRED SURPRISES FOR YOU AND YOUR FAMILY. MAY NEW YEAR GIVE YOU ALL OPPORTUNITY TO FULFILL YOUR DESIRED DREAMS. I WISH ALL COMMUNITY MEMBERS WILL GET SUCCESSFUL IN TRADING CAREER. MAY THIS COMING YEAR GIVE YOU ALL A HUGE PROFIT IN TRADING.
I WANT TO SAY THANK YOU AS WELL TO ALL MY COMMUNITY FRIENDS AND SUPPORT TEAM MEMBERS FOR THEIR VALUED FRIENDSHIP AND SUPPORT.
I HOPE YOU ALL WILL SUPPORT M…
MERRY CHRISTMAS TO ALL.
MAY THIS COMING YEAR WOULD BE FULL OF DESIRED SURPRISES FOR YOU AND YOUR FAMILY. MAY NEW YEAR GIVE YOU ALL OPPORTUNITY TO FULFILL YOUR DESIRED DREAMS. I WISH ALL COMMUNITY MEMBERS WILL GET SUCCESSFUL IN TRADING CAREER. MAY THIS COMING YEAR GIVE YOU ALL A HUGE PROFIT IN TRADING.
I WANT TO SAY THANK YOU AS WELL TO ALL MY COMMUNITY FRIENDS AND SUPPORT TEAM MEMBERS FOR THEIR VALUED FRIENDSHIP AND SUPPORT.
I HOPE YOU ALL WILL SUPPORT M…
EUR/JPY LONG POSITION
Hello Friends,
I have placed a buy order in EUR/JPY as I found it is stabilizing near its previous support.
Below I have attached screen shot of the hourly chart with the order entry points take profit and stop loss levels.
Wish you all Happy and profitable trading.
I have placed a buy order in EUR/JPY as I found it is stabilizing near its previous support.
Below I have attached screen shot of the hourly chart with the order entry points take profit and stop loss levels.
Wish you all Happy and profitable trading.
FIRST DAY OF WEEK
Hello Friends,
I was quite confused today so haven't opened any major position today. I was looking at USD/JPY it was consolidated for a long but I was confused where it will rise from here or will it test its major support around 111. Tomorrow I will look for double bottom like structure in it and if I gets it near 112.1 level then I will open a long position in it.
WISH YOU ALL HAPPY AND PROFITABLE TRADING.
I was quite confused today so haven't opened any major position today. I was looking at USD/JPY it was consolidated for a long but I was confused where it will rise from here or will it test its major support around 111. Tomorrow I will look for double bottom like structure in it and if I gets it near 112.1 level then I will open a long position in it.
WISH YOU ALL HAPPY AND PROFITABLE TRADING.
FOMC Minutes and USD/JPY
Hello Friends,
Weekend is about to end and we will be back to work.
On Friday my long position in GBP/USD has closed as target got hit. This week I will focus on JPY pairs if USD/JPY reaches it's next support which is around 111 and if it doesn't break it I will open a long position in GBP/JPY for the target of 50 pips as these days GBP is the strongest currency on account of rising inflation in United Kingdom.
Wish you all my friends happy and profitable trading.
Weekend is about to end and we will be back to work.
On Friday my long position in GBP/USD has closed as target got hit. This week I will focus on JPY pairs if USD/JPY reaches it's next support which is around 111 and if it doesn't break it I will open a long position in GBP/JPY for the target of 50 pips as these days GBP is the strongest currency on account of rising inflation in United Kingdom.
Wish you all my friends happy and profitable trading.
AUD/USD WHAT NEXT
Hello Friends,
I am Watching AUD/USD daily and waiting for it's stabilisation and reversal. As recently published data suggest Australian economy is growing at good rate and unemployment rate is also falling, labour market is strengthening just concern is about low inflation and low inflation is worldwide trend. So I am keeping watch on RBA minutes which will be released this Tuesday to get broad insight about RBA's view and then will open a long position in AUD pairs.
Wish you all Happy Weekend.
I am Watching AUD/USD daily and waiting for it's stabilisation and reversal. As recently published data suggest Australian economy is growing at good rate and unemployment rate is also falling, labour market is strengthening just concern is about low inflation and low inflation is worldwide trend. So I am keeping watch on RBA minutes which will be released this Tuesday to get broad insight about RBA's view and then will open a long position in AUD pairs.
Wish you all Happy Weekend.
EUR/USD
Hello Friends,
Today I will talk about ECB President Mario Draghi speech in Frankfurt about euro zone economic growth outlook.
Important points to note are.
1. Euro zone GDP growth ig very good.
2. Risks to growth are dissipated as compared to pre crisis periods.
3. Global economies are also growing at good rate.
4. Labor market is growing at good rate despite more addition of workforce
Just one concern he highlighted that inflation is still subdued and well below ECB's target of 2 percent and E…
Today I will talk about ECB President Mario Draghi speech in Frankfurt about euro zone economic growth outlook.
Important points to note are.
1. Euro zone GDP growth ig very good.
2. Risks to growth are dissipated as compared to pre crisis periods.
3. Global economies are also growing at good rate.
4. Labor market is growing at good rate despite more addition of workforce
Just one concern he highlighted that inflation is still subdued and well below ECB's target of 2 percent and E…
US Dollar
Hello Friends,
Today's economic data published about US unemployment claims benefit have rose unexpectedly than last week's data so US dollars have retraced to lower levels near previous support. But as we know today there will be crucial update about US tax bill. Some positive development coming forth so USD again showing gains. So if tax bill is passed by senate this time USD/JPY will cross 115 level. So let's watch today's development.
Today's economic data published about US unemployment claims benefit have rose unexpectedly than last week's data so US dollars have retraced to lower levels near previous support. But as we know today there will be crucial update about US tax bill. Some positive development coming forth so USD again showing gains. So if tax bill is passed by senate this time USD/JPY will cross 115 level. So let's watch today's development.