USD/JPY

Yesterday I did not have any trades on this pair
I hope I will have a trade today.

As per both H4 & H1 charts, USD/JPY is on an UP trend.
But in both charts we can see there isn't any volume to support the trend.
In H4, the pair has broken the resistance.
I take trade only if there is volume to support the trend.

USD/JPY Overview

Today if we look at USD/JPY in H1 it is ranging in between 107.11 & 106.78.
There is no volume and no direction.
But if we look at H4 chart the pair is moving south and now is ranging.
I would be looking to take a sell trade on this pair, provided, I see a nice break below the envelope and the trend is supported by good volume.
Good luck everybody.

Another trade setup on USD/JPY

There is another beautiful trade up on USD/JPY today.

trading opportunities on USD/JPY

The new strategy which i have published on this blog, you can find it 'here' gives good trading signals on USD/JPY. Check it out.

Trades for 01 August 2013

I would like to know how many of you are trading my signals and how is it going for you?
I trade 3-4 pairs everyday. This is working for me.

Based on Daily Range here are some signals.

All trades will expire just before the London Open (08:00 am BST) the next day. IF you have any open trades close it before that time. If a trade is closed with profit cancel the opposite trade on the same pair. I am using 0.01 lot size until I am confident about this strategy. Choose the right pairs to trade based on the spread.

Good luck

Note: SL is very high. Trade on your own risk.

	Long	TP	SL	Short	TP	SL	PROFIT
EUR/USD	1.3330	1.3364	1.3230	1.3262	1.3228	1.3362	34
GBP/USD	1.5229	1.5262	1.5129	1.5165	1.5133	1.5265	33
GBP/JPY	148.92	149.23	147.92	148.30	148.00	149.30	31
USD/JPY	98.04	98.28	97.04	97.55	97.30	98.55	24
USD/CHF	0.9291	0.9318	0.9191	0.9237	0.9210	0.9337	27
AUD/USD	0.8978	0.9016	0.8878	0.8902	0.8865	0.9002	38
NZD/USD	0.7987	0.8008	0.7887	0.7945	0.7924	0.8045	21

Trades for 25 July 2013

Based on Daily Range here are some signals.

All trades will expire just before the London Open (08:00 am BST) the next day. IF you have any open trades close it before that time. If a trade is closed with profit cancel the opposite trade on the same pair. I am using 0.01 lot size until I am confident about this strategy. Choose the right pairs to trade based on the spread.

Good luck

Note: SL is very high. Trade on your own risk.

	Long	TP	SL	Short	TP	SL	PROFIT
EUR/USD	1.3217	1.3237	1.3117	1.3177	1.3158	1.3277	20
GBP/USD	1.5340	1.5365	1.5240	1.5290	1.5265	1.5390	25
GBP/JPY	153.85	154.16	152.85	153.23	152.93	154.23	31
EUR/JPY	132.65	132.99	131.65	131.97	131.63	132.97	34
USD/JPY	100.52	100.79	99.52	100.00	99.74	101.00	27
EUR/AUD	1.4456	1.4521	1.4356	1.4328	1.4264	1.4428	65
EUR/CAD	1.3625	1.3645	1.3525	1.3585	1.3566	1.3685	20
EUR/NZD	1.6580	1.6627	1.6480	1.6486	1.6439	1.6586	47
GBP/AUD	1.6772	1.6842	1.6672	1.6632	1.6562	1.6732	70
GBP/CAD	1.5815	1.5842	1.5715	1.5761	1.5735	1.5861	27
GBP/NZD	1.9327	1.9380	1.9227	1.9223	1.9171	1.9323	53
AUD/USD	0.9209	0.9254	0.9109	0.9119	0.9074	0.9219	45
NZD/USD	0.8003	0.8030	0.7903	0.7949	0.7923	0.8049	27

Based on Ashi Strategy (Strategy 4) here are two trades.