Wednesday, 8 October 2014

NZDjpyFX

We are already shorting on NZDjpy in the Forex Workshop. This pair will sell for the whole of the day , but for our day trading plan we are collecting 20 pips for today. We are always taking our trades during the Japanese session . So most of the time we are already in the trade before coming out to post. But then we also realize that the London session always complete the ATR for the day which may sometimes be less or more than 20 pips for the remaining day. Hence for London session we gone for lesser pips not more than 20 pips. Unless we see the the Japanese session was very tight.
We are also shorting on GBPjpy for 20pips. We are still in EURusd even though we saw opportunity to take small profit around 10pm yesterday night.See the pix below


AUDusd could not break the 88.265 price level so we took out our profit and waited. We hope it breaks it this morning otherwise we short. But we will come back to let you know

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