On April 10th we updated you on the AUDJPY trade we made in the managed forex account in a post called (Managed Forex Account – AUD/JPY Taking a Profit) where we had sold half of our 2% capital position after gaining 1,000 pips and to give us an 8% gain on the overall account.
We are [...]
We tried to make an entry into the EURJPY around March 14th but never got the pull back we were waiting on to make the buy entry. You can view that post at (Forex Investments and Managed Forex Account – Long EURJPY). Since then the EURJPY has continued its upward move but has recently given [...]
As you know we have been long the AUD/JPY for about 1 month now. You can read all of our post so far on this trade at the following links (Forex Investing – AUD/JPY Trend Change – Go Long) (Forex Investments – AUD/JPY Update) (Managed Forex Account – AUD/JPY Update).
The trade has gone very well [...]
Things are getting very exciting as we are seeing some major trend changes, mostly dealing with the JPY. I had talked about the EURJPY a month ago in two different blog post (Forex Investment – Has the JPY trend changed?) and (Go long the EUR/JPY?) showing that it looked like the trend was changing. We [...]
As mentioned in the previous post (Forex Investing – AUD/JPY Trend Change – Go Long) I was looking for a pull back so that I could go long this pair. It certainly did not take long for that to happen as the pair made a quick pull back before having a very fast bounce back [...]
In the previous post (Forex Investing- Shorting the GBP/JPY) I showed you why I wanted to short the GBP/JPY. The order was filled at the entry point of 141.10 where I took a 2% position. The pair rallied up to 141.71 but then reversed down missing our stop at 142.05.
I took half the position off [...]