Home » Posts tagged "currency trading" (Page 3)

Yen To Dollar – 11th March 2009

Yesterday’s doji candle provided little in the way of a signal as the dollar yen pair continue to drift sideways and my advice remains much the same.   Until we see a firm move through the 99 dollar region and preferably above the 100 region for...

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Dollar Yen – 6th March 2009

Yen We were right to be cautious yesterday, with the day finishing with a down bar and a bearish engulfing signal, which has followed through in this morning’s trading session, moving below the 9 day moving average. On a personal note I have now been...

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Yen To Dollar – 5th March 2009

Well, we are inching closer to the target at $100, but very slowly, and what is causing me some concern is the body of each candle is starting to decrease which is not a good sign. Tuesday’s candle was a nice wide spread up bar,...

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Yen To Dollar – Daily Candle Chart

If you are following me on this trade, then I would suggest you move your stop loss higher ( if you haven’t already), following yesterday’s wide spread up candle, which has followed through in this mornings trading here in London. As I mentioned in yesterday’s...

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Dollar Yen Currency – 3rd March 2009

Following yesterday’s doji on the daily chart with a small red body, prices have started to rise again today,and provided we can clear through the resistance in the immediate area, then there is no reason to suppose that we shouldn’t see a move back towards...

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Dollar Yen – 2nd March 2009

The breakout to the upside that we saw two weeks ago, continued last week with strong momentum in the volume, and a wide spread up candle on the week, which provided significant trading opportunities on an intra day basis. As I mentioned some time ago,...

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Yen To Dollar – 27th February 2009

With four days of strong gains, we are seeing some profit taking entering the market this morning with prices off the current highs. As suggested earlier in the week, we met our target of $98.50 yesterday, and the daily candle was another wide spread up...

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Dollar Yen Daily Chart – 25th February 2009

The strong bullish rally continued yesterday with a wide spread up bar, which was given a boost last night with the economic news released in Japan showing that the economic crisis has deepened, with exports falling by a massive 46% in January from a year...

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Dollar Yen – 18th February 2009

The rally in the dollar yen continued yesterday, and hopefully you followed my suggestion with small long positions, which is the same advice for today. Looking at the daily chart, the candle from yesterday was an up bar with tall three moving averages providing solid...

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