Trade 39 Trend: Up Entry: 119.53 Stop Loss: 119.27 Trailing stop was hit at 120.29 Profit 8.3%%
Trade 38 Trend: Up Entry: 140.96 Stop Loss: 140.69 Trailing stop was hit at 141.24 Profit 3%
Trade 37 Trend: Up Entry: 110.03 Stop Loss: 109.85 Trailing stop was hit at 110.43 Profit 6.5%
Trade 36 Trend: Down Entry: 81.18 Stop Loss: 81.41 Trailing stop was hit at 81 Profit 2.5%
Long term downtrend with short term bullish momentum. Price gap up today and hit the long term downtrend channel (orange channel). We should continue to monitor on whether the resistance line would hold. Short term wise, i would look for long opportunities using the Lazy Trend System.
NZDJPY has been in the downtrend channel (purple zone) since 2015. Short term wise, the price is within a steep downtrend channel (orange line). Immediate support is at 72-73. I will continue to look for short opportunities with momentum
Trend: DOWN Entry: 82.22 Stop Loss: 82.37 Stop Loss was hit Loss 3%
Trend: DOWN Entry: 80.83 Stop Loss: 81 Trailing stop was hit at 80.66 Profit 3%
Trend: UP Entry: 139.56 Stop Loss: 139.30 Trailing stop was hit at 139.91 Profit 4%
Trend: DOWN Entry: 76.25 Stop Loss: 76.37 Trailing stop was hit at 76.14 Profit 3%
Trend: DOWN Entry: 80.83 Stop Loss: 80.99 Trailing stop was hit at 80.66 Profit 3%
Trend: DOWN Entry: 81.62 Stop Loss: 81.80 Trailing stop was hit at 81.56. Profit 1%
Trend: DOWN Entry: 108.85 Stop Loss: 109.02 Stop loss was hit. The yen pairs are very volatile recently. This is my 3rd consecutive losses. Loss 3%
Trend: DOWN Entry: 76.40 Stop Loss: 76.52 Stop loss was hit Loss 3%
Trend: UP Entry: 139.78 Stop Loss: 139.45 Trailing was hit at 140 Profit 2.5%
GBPJPY has been trading in the downtrend channel for more than 1 year. However, the price broke the upper resistance line yesterday. Is the trend going to change? Lazy Strength Indicator is still indicating a downtrend. The next resistance is at 142.85. I will continue to observe the trend.
Trend: Down Lazy Trend Strategy spotted some momentum in price. Entry: 108.82 Stop Loss: 108.98 Stop Loss was hit as the price suddenly spiked up. Loss 3%
Trend: Down Lazy Trend Strategy spotted some momentum in price. Entry: 82.40 Stop Loss: 82.55 Trailing Stop was hit at 82.13 Profit 5.3% Risk to Reward = 1:1.8