Currency Forecast, January 9th 2013

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Currency Forecast, January 9th 2013
Currency Forecast, January 9th 2013

Currency Forecast, January 9th 2013

Everyone is waiting for the first non-farm payrolls number tomorrow, which will be the first market mover for this year.

I sold tiny EURJPY here at 142,85 – as I like to go into this event with a tiny short EURJPY position.

The rest is quite unchanged for now and I don’t expect any big moves today, because as mentioned above, everyone is already waiting for tomorrow’s figures.

I like to buy some EURCHF below 1,2250

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 1,3615 , USDCHF 0,9075 , EURCHF 1,2360 , USDJPY 104,90 , EURJPY 142,85 , EURHUF 300,10 , USDCAD 1,0835 , EURTRY 2,9780, GOLD 1.226,00

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

USDJPY
(Entry lvl):
Current position: Short 1 @ 105,30
Target:
Stop lvl:
Last trade:
P/L (ytd):

EURJPY
(Entry lvl):
Current position: Short 1 @ 142,85
Target:
Stop lvl:
Last trade: Sold 1 @ 142,85
P/L (ytd): +255 Pips

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

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

EURHUF
(Entry lvl):
Current position: Short 2 @ 299,90
Target:
Stop lvl:
Last trade:
P/L (ytd):

USDCAD
(Entry lvl):
Current position: Short 3 @ 1,0718
Target:
Stop lvl:
Last trade: Sold 1 @ 1,0815
P/L (ytd):

EURTRY
(Entry lvl):
Current position: Short 2 @ 2,9580
Target:
Stop lvl:
Last trade:
P/L (ytd):

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

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