The USDJPY just broke its resistance, I have been told that it will go way up but I can also see its wayyy overbought. Im going to sell it
Sell at 117.20
Take Profit at 116.90
Stop Loss at 117.55
If won, 30 pip gain, if lost, 35 pip loss
Hopefully I'm write on this, it should top out at about 9:00 GMT if my calculations are correct. Hopefully it will be a double top reversing the trend.
Now EURUSD I put a Sell Limit on this one.
Sell at 1.2775
Take Profit at 1.2755
Stop Loss at 1.2840
If won, 20 pip gain, if lost, 65 pip loss. The trend is generally going down and should stay within its envelope.
GBPUSD I am buying for a small profit, one of those quick ups
Buy at 1.8842
Take Profit at 1.8852
Stop Loss at 1.8800
10 pip profit, 42 pip loss