Forex Trading: Short EURJPY and Stop Trailed on AUDUSD Longs

RELATED QUOTES

SymbolPriceChange
AUDUSD=X0.7047-0.0049
EURJPY=X126.3530-1.6299

Stops on the AUDUSD long position have been trailed to 10450. The entry was last Wednesday at 10340.

I went short EURJPY last night at 10641 with a 10718 stop. Signs of exhastion early in the week are promising on intradays (JS Spikes on 240 minute charts). Stops will be trailed when appropriate but a soft target area is 10465.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.

--

Get stories like this on the Yahoo app and discover more every day.
Download it now.
Loading...
 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3897-0.0018-0.13%
    USDSGD=X
    1.5727+0.0031+0.20%
    EURSGD=X
    2.0108-0.0118-0.58%
    GBPSGD=X
    80.3187-1.2198-1.50%
    SGDJPY=X
    5.6034+0.0026+0.05%
    SGDHKD=X
    2.9741+0.0095+0.32%
    SGDMYR=X
    9,695.2920+33.4033+0.35%
    SGDIDR=X
    4.7311+0.0081+0.17%
    SGDCNY=X
    0.9797-0.0079-0.80%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,223.80+29.20+2.44%
    GCJ16.CMX
    15.56+0.28+1.85%
    SIH16.CMX
    55.40+1.06+1.94%
    ^XAU
    2.02-0.01-0.30%
    HGH16.CMX
    26.70-0.75-2.73%
    CLH16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.15-0.01
    ^FVX
    1.70-0.02
    ^TNX
    2.53-0.03
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    3.54-0.12-3.28%
    Z74.SI
    0.305-0.020-6.15%
    N21.SI
    1.61-0.02-1.23%
    MC0.SI
    0.66-0.02-3.65%
    G13.SI
    0.36-0.01-4.00%
    E5H.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.23+0.03+17.35%
    AZT.SI
    54.640.000.00%
    NF6.SI
    0.85+0.10+13.33%
    BAI.SI
    0.22+0.03+12.82%
    5WR.SI
    0.88+0.10+12.82%
    S85.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.095-0.040-29.63%
    T19.SI
    0.13-0.05-27.37%
    5PL.SI
    0.215-0.040-15.69%
    5RE.SI
    0.20-0.03-14.89%
    S46.SI
    0.132-0.023-14.84%
    5IF.SI