EUR.USD Is There More Above 1.50?

The 1.50 level on Eur.Usd is going to be an interesting level to watch. I have exited my Eur.Usd long position for a profit of +285 pips. I am now cautious of buying this pair until I see what happens around the 1.50 level.

A Weak Pound

The 4 hour trend on Gbp.Usd has been down for the past few weeks so I've been hunting for selling oppertunities when our ducks line up. We got a very nice selling oppertunity a few days ago which has worked out really well. An 80 pip risk for a 160 pip reward.

EUR.JPY Potential Sell

The 4 hour trend on Eur.Jpy is still down. I will be looking for selling set ups on this pair when my ducks line up. Possible stop loss location could be above the 4 hour highs and targets could be towards the 4 hour low and even lower.

UPDATE: 129.55 was as low as Eur.Jpy went before it rallied up. My short positions where stopped out for breakeven :-(