Блог AdamFx42

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GBP collapses on fears of brexit (again)

The continuing Brexit saga on the market
Gbp is down today after a poll shows the Brexit supporters in the majority
I am buying GbpJpy - because the lows seem in place around 157,
and the pair has been brought down lower because of UsdJpy weakness
This makes a recovery in this pair interesting for a big move up
gl all
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Trying to buy UsdJpy lows

I am going long UsdJpy and UsdCad as the lows seem to be holding
The lows in UsdJpy and UsdCad seem supported and I am buying above the levels
UsdCad seems supporterd above 1.25 for now,and UsdJpy above 1.06
I am hoping for a bounce from these lows of about 100 pips on each pair
I am long with positions of 4.2 lots, with SL below support
gl all
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Looking for buy opportunities of lows

After getting back in the top 10 with Jpy shorts I am buying retracement
UsdJpy is retracing back from 114 again and I am long
I am long EurJpy too because Eur is strengthening - EurUsd is moving up fast
I am also buying lows in UsdCad, GbpAud and EurAud for some retracement back up
I have provided charts when opening the positions to explain my reasoning
You can see these when you look at my trader contest profile and look at the trade feed tab
gl all
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Back up above 200K again

I am back up to 200K and place 19 - a good recovery
It has been hard work but I have managed to piece some pips together
I sold Gbp/Nzd at the highs and gained a few pips on that today after Gbp data release
Yesterday I was long Gbp/Aud and I hit my take profit on that trade this morning
I lost a little on a Gbp/Jpy long, but altogether gained about 50K since yesterday morning
I am doing alright again and will be looking for further opportunities
gl all
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