Net 118 pips profit
Thursday 20 February 2014
Thursday 6 February 2014
ECB [6th Feb]
ECB
*ECB LEAVES BENCMARK REFINANCING RATE UNCHANGED AT 0.25PCT
*ECB LEAVES INTEREST RATE ON DEPOSIT FACILITY AT 0.0PCT
The two main headlines to cross the wires at 12:45GMT today. While not a surprise at all, the market reaction was a little mixed.
View, SELLING EUR 1.3600, 1.3700 1.3800 [TP 1.3500]
*ECB LEAVES BENCMARK REFINANCING RATE UNCHANGED AT 0.25PCT
*ECB LEAVES INTEREST RATE ON DEPOSIT FACILITY AT 0.0PCT
The two main headlines to cross the wires at 12:45GMT today. While not a surprise at all, the market reaction was a little mixed.
View, SELLING EUR 1.3600, 1.3700 1.3800 [TP 1.3500]
Tuesday 4 February 2014
GBP [4th Feb]
GBP/USD
Major Trend : BUY [Daily Steady]
Entry
1.6300 [TP 1.6450 Trail to 1.6550~1.6800][SL 1.6250]
Hedge Risk from Buying USD/XXX Pairs for extended period.
Major Trend : BUY [Daily Steady]
Entry
1.6300 [TP 1.6450 Trail to 1.6550~1.6800][SL 1.6250]
Hedge Risk from Buying USD/XXX Pairs for extended period.
Update 12/02/2014
first price target of 1.6550 reached (250 pips) trailing SL to 1.6800
Update 16/02/2014
Second price target 1.6800 reached (250 pips from 1.6550)
Total net 500 pips profit
NZD [4th Feb]
NZD/USD
Major Trend : SELL [Daily Range]
Today NZD trading 180pips higher off the day low as positive 0.5% Employment Changes announced.
Long Term View
RBNZ : “The high exchange rate has been a headwind. The Bank would like to see a lower exchange rate and does not believe the exchange rate is sustainable in the long run.”
http://www.rbnz.govt.nz/news/2014/5614773.html
Prefer to SELL NZD as correction trend is weakened and exhausting with the fast climb.
Major Trend : SELL [Daily Range]
Today NZD trading 180pips higher off the day low as positive 0.5% Employment Changes announced.
Long Term View
RBNZ : “The high exchange rate has been a headwind. The Bank would like to see a lower exchange rate and does not believe the exchange rate is sustainable in the long run.”
http://www.rbnz.govt.nz/news/2014/5614773.html
Prefer to SELL NZD as correction trend is weakened and exhausting with the fast climb.
Hold SELL positions to break 0.8000 to 0.7700 Target
EUR [4th Feb]
EUR/USD
Major Trend : SELL [Daily]
Current Lvl : 1.3515
Entry Points
1.3600 [TP 1.3500][SL 1.3850]
1.3650 [TP 1.3500][SL 1.3850]
1.3700 [TP 1.3550][SL 1.3850]
Major Trend : SELL [Daily]
Current Lvl : 1.3515
Entry Points
1.3600 [TP 1.3500][SL 1.3850]
1.3650 [TP 1.3500][SL 1.3850]
1.3700 [TP 1.3550][SL 1.3850]
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