Currency Forecast, February 12th 2014

0
128
Currency Forecast, February 12th 2014
Currency Forecast, February 12th 2014

Currency Forecast, February 12th 2014

EURTRY – I bought back again the 1 @ 3,0000 , but now it looks like it will move a lot lower, so I will keep the position now.

The rest of the market is very quiet and stuck for now, so let’s see if anything changes during the day.

Good luck,

**relatedarticle**

Current trades, positions and levels:

For info how the model works: The P/L is always calculated with the size of 1. So if the position is 1 and it makes a profit of 100 pips, the P/L would be +100 pips. If the position is 2 and it makes a profit of 100 pips, the P/L would be +200 pips of course – it is always calculated with the position size of 1. The position could go up to 3, in case the system has a strong view.

Current spot: EURUSD 1,3640 , USDCHF 0,8975 , EURCHF 1,2245 , USDJPY 102,45 , EURJPY 139,80 , EURHUF 308,20 , USDCAD 1,0990 , EURTRY 2,9900, GOLD 1.286,00

EURUSD
(Entry lvl):
Current position: Flat
Target:
Stop lvl:
Last trade:
P/L (ytd): +280 pips

USDJPY
(Entry lvl):
Current position: Long 2 @ 101,50
Target:
Stop lvl: Sell 2 @ 101,90
Last trade:
P/L (ytd): +90 pips

EURJPY
(Entry lvl):
Current position: Short 2 @ 139,72
Target:
Stop lvl:
Last trade:
P/L (ytd): +375 Pips

USDCHF
(Entry lvl):
Current position: Flat
Target:
Stop lvl:
Last trade:
P/L (ytd):

EURCHF
(Entry lvl):
Current position: Long 3 @ 1,2265
Target:
Stop lvl:
Last trade:
P/L (ytd):

EURHUF
(Entry lvl):
Current position: Short 3 @ 303,70
Target:
Stop lvl:
Last trade:
P/L (ytd):

USDCAD
(Entry lvl):
Current position: Flat
Target:
Stop lvl:
Last trade:
P/L (ytd): -1146 pips

EURTRY
(Entry lvl):
Current position: Short 2 @ 3,0228
Target:
Stop lvl:
Last trade: Bought 1 @ 3,0000
P/L (ytd): +321 pips (without carry P/L)

XAUUSD (Gold)
(Entry lvl): Sell 2k ounces @ 1300,00
Current position: Flat
Target:
Stop lvl:
Last trade:
P/L (ytd):

EURPLN
(Entry lvl):
Current position: Flat
Target:
Stop lvl:
Last trade:
P/L (ytd): +1000 pips

To contact the reporter of this story: Marco Roemer at marco@forexminute.com