Dukascopy Smart People Community

First trade of the month in the bag ;-)

AdamFx42 Posted 3 Feb. in #Trader's blog #Usdjpy #Long Position #Monthly Strategy

I bagged my first trade of the month last night
Yesterday I went long UsdJpy after it had retraced to a significant fibonacci level
I was looking for a bounce, so my TP was set at reasonable distance: 84 pips - just above 113
My TP was hit last night and I made about 30K, which is nice
I will be looking for more swing trades this month,
as I expect market to be coiling with sideways action - I will not commit to a single direction
Buy low - sell high is the motto
This has to do with market uncer…

Read full story

Translate to English Show original

Has UsdJpy reached support?

AdamFx42 Posted 3 June in #Trader's blog #Usdjpy #Long Position

I am long UsdJpy just above 108.5
UsdJpy seems to have stalled on its way down today
108.50 may be support for this pair
I am long UsdJpy at this level, after losing a lot on Gbp longs
All my positions on Gbp longs were stopped out yesterday
I am letting my UsdJpy long run into the weekend, hoping for some dollar demand
gl all

Read full story

Translate to English Show original

GBP/USD testing support

AdamFx42 Posted 4 Jan. in #Trader's blog #GBP/USD #Support #Recovery #Long Position

I opened a long position in Gbp/Usd today
Gbp/Usd tested support around 1.47 last night and a buy limit that I had waiting was triggered
I went long just above 1.47 and will be looking for a recovery
Although it looks like Gbp/Usd is down I believe this to be a false breakout
The price is just too low at the moment, and Eur/Usd is recovering as I type this
and Usd will weaken more, as is my prediction for this month

Read full story

Translate to English Show original

Support in GBP/USD holding for now

AdamFx42 Posted 4 Jan. in #Trader's blog #GBP/USD #Testing Support #Long Position

I opened a long position in Gbp/Usd today
Gbp/Usd tested support around 1.47 last night and a buy limit that I had waiting was triggered
I went long just above 1.47 and will be looking for a recovery
Although it looks like Gbp/Usd is down I believe this to be a false breakout
The price is just too low at the moment, as Eur/Usd is recovering as I type this
and Usd will weaken more is my prediction for this month

Read full story

Translate to English Show original

Trade with Swiss Bank

Community

Mobile apps

Related resources

Dukascopy Community

LIVE CONTESTS

Automated trading

Dukascopy Binary Trader

Miss Dukascopy

Miss Dukascopy

Code of Conduct

Have a question?

Contact Us

Dukascopy Connect 911

AdamFx42's Blog

First trade of the month in the bag ;-)

Has UsdJpy reached support?

GBP/USD testing support

Support in GBP/USD holding for now