Market Analysis

USD/JPY 111.34 long The last trade of the month. Market made 11 pip reaction so if your spread was below 1 pip (hopefully it was- I have now 0,2-0,3 on USD/JPY) you should have a profit there.

USD/JPY 111.86 short Even though there was a strong counter trend the market made a more than 10 pips reaction to my short level. In cases like this (strong counter trend and end of day) it is better to go just for 10 pips and don’t be too greedy. This was the only trade today.

USD/CAD 1.3332 long This level was hit during asian session and the market went 8 pips against it. After that it turned and made the +10 pips profit. This was the only trade today.

NZD/CAD swing trade: profit +100 pips!

EUR/USD short from 1.0752 This was the first trade of the day and it was hit in the asian session. It was very strong level and I was very surprised when I saw there was no reaction to it and resulted in -12 pip SL. It was also quite weird that the market was in

There were two nice trades today. First was EUR/USD short from 1.0768. At first the market went 8 pips against the entry but then made a strong reversal and gave +10 pips profit and +20 pips profit to those who traded using Ziggy’s method. Right now the market made over 35 pips in the direction

Today was a really busy day. There were 6 trades today. Lets have a look at all of them: EUR/USD long 1.0633: Very quick and precise reaction. Good trade with +10 pips profit AUD/USD long 0.7545 The market went 5 pips against my position, then went in the right direction and made quite a long

There was very precise and quick +10 pips reaction to the level. The market wasn’t able to go higher today, my level was the high of the day. Cool! If you traded my method then it was +10 pips profit for you. If you traded using Ziggy’s Alternative approach and had a bit of patience,

If you took this intraday level, set 10 pips PT and -12 pip SL it would ended in full stop loss. However I took almost full profit (+9.2 pips). Here are my thoughts that led me to trade the level as I did. there is a long rotation few pips before my short level. Market

This trade was a bit tricky. The reason was that there was a slight difference between Forex and Futures prices. The price touched my level at Futures but didn’t touch it at Forex. As you probably already know I watch futures and trade Forex so I took the trade. There was very precise qnd quick

Today’s first trade was eur/usd short from 1.0598. It was a nice and clear trade because there weren’t any factors that would make you think whether to take it or not. Thare was also quite a lot of time to enter the trade. I took the trade and got out with +10 pips profit. If

Unfortunatelly the price turned 1 pip sooner and made quite a strong reaction (over 15 pips). I consider this level already tested and won’t trade it anymore. If you aren’t familliar with this approach (discarding levels when the price turns sooner) I suggest you read this article: Basic rules for intraday trades. Happy trading! Dale