versatrader

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Markets Allocation
67 % forex 33 % stocks
Top Mentioned Symbols
GBPJPY 33% | 1 EURJPY 33% | 1 CBZ 33% | 1
versatrader versatrader CBZ, D, Long ,
CBZ: CBIZ at Demand Zone - Long
6 0 0
CBZ, D Long
CBIZ at Demand Zone - Long

CBIZ at Demand Zone

versatrader versatrader EURJPY, D, Long ,
EURJPY: EUR/JPY - Possible bounce at 140.00 support
14 0 0
EURJPY, D Long
EUR/JPY - Possible bounce at 140.00 support

Even though I don't like trading on contrary positions for highly correlated pairs, like GBP/JPY and EUR/JPY, I'm longing EUR/JPY for the next few days. The pair is at a strong support level (plus round number: 140.00). The stop loss is tight with 3 times the take profit.

versatrader versatrader GBPJPY, D, Short ,
GBPJPY: GBP/JPY - Broken trendline retest, triggers short position
38 0 0
GBPJPY, D Short
GBP/JPY - Broken trendline retest, triggers short position

The daily uptrend line being broken and its retest is suggests a short position for me. The short term trend is down and a down bar pinbar, with good volume, triggers my entry.

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