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usd/jpy in a strong trend and waiting to get in if the opportunity arises
trends are in the making let's see if they continue
scanning and watching
could be choppy
Good morning! economic calendar today is US 8:30 est personal income and outlays, jobless claims both high impact, 9:45 US PMI manufacturing index medium, 10:00 US ISM mfg. index high impact, 10:00 am US construction spending medium, pretty busy morning...best of luck, let's make some pips!
Back at the trading desk tomorrow!
closed usd/cad buy alert at 1.28098 21 pip gain
Day Trading Forex must close its trading desk for the day
usd/cad trade now near 20 pip gain
eur/usd break down to lower prices
we have a profitable trade now with a trailing stop
uptrend buy alert for usd/cad at 1.27890
after gaping up tuesday evening usd/cad is starting a nice uptrend
No trades until after US GDP number out at 8:30
Good morning! economic calendar today 8:30 est US GDP high impact, 9:45 US Chicago PMI medium impact, 10:00 US pending home sales medium impact and at 10:30 we have the EIA petroleum status report high impact
Be back tomorrow!
Day Trading Forex is closing for the day
Realized profits today 29 pips, maximum potential gain about about 55 pips
north american traders getting ready for lunch while euro land having dinner so volume should tail off a bit.
the most recent eur/usd trade had a maximum gain of 22 pips .
eur/usd over extended below strong moving ave. trend line so snap back up probably imminent.
taking a quick profit anytime is good eur/usd 10 pip gain now
eur/usd downtrend continues will sell alert at 1.22460
cad, yen and euro trending strongly still
if risky gamble and held eur/usd now 40 pip gain
cad and jpy inverse correlation to eur so they are trending strong up
eur /usd continues to fall after consumer confidence data now 1.22632
maximum gain so far eur/usd is 19 pips
consider taking profits just before 10am us consumer confidence data eur/usd
eur/usd downtrend continues after brief pullback
sell alert for eur/usd 1.22899
early directional bias based on the 200ma cad and jpy up while euro down
Good morning...let's make some pips!
Tuesday we have US durable goods order data at 8:30am est high impact and at 10am est us consumer confidence data medium impact
That's all for today at Day Trading Forex
A lackluster day, could only squeeze out 7 pips out of a 40 pip move with eur/usd
eur/usd has broken its downtrend to the upside
eur/usd is demonstrating a ragged down trend without any continuation alerts
usd strengthening after the us new home sales data
out eur/usd 7 pip profit