USDCHF:
For those that are already taking part in the Bank Flow room, the post came in yesterday for a buy at the 1.0015 area. I have had traders reporting upwards of 100 pips profit from today’s moves.
USDJPY:
Current Price: 103.60 at 11:45 EDT – I will be looking for an intraday sell at the 103.85 to 103.95 levels. I will expect a target between 40 -80 pips but will move to protect the position as soon as possible in case of further moves to the 104.25 area.
EURJPY:
As this currency continues to make swing to the upside I will be monitoring it for a failure and a move to break down in the coming weeks.
EURUSD:
This pair continues to compress and I would like to see some action on this one in the next few weeks as it breaks the consolidation.
Remember that you should always have a trading plan that fits your margin and risk management style.
Dustin is recognized as one of the top Forex traders and education authorities in the world today. As the President of Forex Traders Daily he has helped thousands of traders learn how to profitably trade the Forex market. Dustin's goal is to help you achieve your financial goals faster and easier than you ever imagined. You can follow him and Forex Traders Daily on: <a href="https://twitter.com/YourDlyAnalysis">Twitter</a>, <a href="https://www.facebook.com/ForexTradersDaily/">Facebook</a>, and <a href="https://www.youtube.com/user/forextradersdaily/featured">Youtube</a>.
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Author: Dustin Pass
Dustin is recognized as one of the top Forex traders and education authorities in the world today. As the President of Forex Traders Daily he has helped thousands of traders learn how to profitably trade the Forex market. Dustin's goal is to help you achieve your financial goals faster and easier than you ever imagined. You can follow him and Forex Traders Daily on: Twitter, Facebook, and Youtube.
