sobi20's Blog

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USD/MXN


I opened long position on USD/MXN. This pair was bearish last couple of months so I bet on reversal or at least some corection.
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Finall day

Last day of june is already here as well as the final day of trader contest of month june. I had pretty good beggining of this last week when i made a few succesfull trades that got me up in the rankings somewhere in the midlle of the second tenth. Rest of the week i could not find some trades where i would be comfortable to risk my harde made profits so i stayed back for rest of the week. Congratulation to the best traders and good luck for next month.
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EUR/USD


One year high on EUR/USD was broken today after strong bullish rally. Euro might try to reach level 1,50 soon. It might be the time and place for reversal.
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GBP/JPY


British pound is still moving up. My yesterday position was filled quickly and i made 90 pips. I should have let it run longer. Since week opening pound made 400 pips so far. Value 145,5 was hit right now. It is too late for another long position and too risky for short.
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GBP/AUD


I saw price was very close to 1,67 this morning but it was rejected. So i opened long position above 1,675 with target below yesterdays high.
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EUR/AUD


I set my buy order at fridays closing price, so i let the sunday gap to close. Set stop loss under fridays low and my take profit under level 1,49. So far market is not moving my way but it is just the begining of the week, hope my SL wont be hit,I still thinking to make my SL bigger but for now i wont do any changes.
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Final trading week

Final trading week of june trader contest is here. Last week i missed couple of opportunities to open some big trade so next week i will have to go all in. I will concentrate on major fundamental data realeses to try do some final gains. It will be very risky but necessary in order to try make some profit. I will be looking especialy on tuesday and wednesday on BOE Gov Carney speache time....it usually leads to some large movements in price.
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CAD/JPY


Yesterday bullish move was corected today to precise 61,8 Fibo retracement when todays data from Canada was not as positive as yesterday. Seems that week will finich same as it started on sunday.
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USD/CAD


Positive data from Canada help Canadian dollar today. I planned to set some position today but unfortunatelly i was too late. Price nicely moved down near figure 1,32 and now is being above bullish trend line.
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AUD/CAD


AUD/CAD tested level 1,01 again today. It happened last week and the week before, there for i waited for sign to open short which i did at 1,007. My target is above support 1,0025. So far it goes my way.
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