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Hammurapie

Belarus

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Sitting in GBP short atm

Hammurapie Posted 10 July in #Trader's blog

I missed one possibility to move stop into profit zone early morning, I will wait for a couple days and if it's still in the red I will close my short by Friday evening. Atm I'm willing to take even 20 pips of profit. I'm also still keeping an eye on EUR/USD, but I'm not sure whether I should simultaneously keep positions on different main currencies, we'll see.

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Last pair to monitor next week: USD/JPY

Hammurapie Posted 9 July in #Trader's blog

I feel like opening a long on USD/JPY monday-tuesday, the stop can be small thanks to 113.80 level, take profit is huge if we break out of range and go up, 200-300pp is not out of question I think (maybe not in one day, I'm willing to wait until Friday). I don't think it's a good idea to move stop into profit zone on this one unless we actually break out and go above 114.50.

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Another idea for next week: GBP/USD short

Hammurapie Posted 8 July in #Trader's blog

Since GBP/USD is far from any levels, I think the downward trend is going to continue. It's probably safe to short with stop at 1.2920, tp at 1.2840 or at least move stop into profit zone when you reach 1.2840 because we can bounce back up. I'm also thinking whether to short GBP against only dollar or the entire basket, I guess we'll see on monday asian session.

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