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Running Trades-In USD/JPY After a robust rebound at 144.70, USD/JPY is showing symptoms of losing momentum. The stage is for an over-the-counter adjustment by the negligence to overcome the psychological obstacle at 145.20. The two made numerous tries to reach level 146.30 before failing. The price of the yen fluctuated between levels of 145.10 and 140.34. However, when USD/JPY traded at 144.50 again raised the spot rate above the 145.00 level. After dipping towards, the level of 144, USD/JPY is still likely upward. On the other hand, a loss at 145.25 could trigger a crucial decline toward the daily pivot at 143.95. Order Details: Symbol: USD/JPY Order Type: Sell Open Price: 143.860 Take Profit: 139.500 Stop Loss: 145.500 Lots of sizes: 0.20 Status: Running Trades in a loss of $10.92
Running Trades-In GBP/USD GBP/USD was previously down more than 1.5% for the day, but it traded at 1.0698, a significant increase from the session low of 1.0356, which it held between, and the day's high of 1.0931. We noted the pair hit historic lows when UK gilts started to decline again and concerns over high-interest rates kept the global financial system in check. GBP/USD fell to a record low of 1.0315 before climbing 600 pip. The recovery sputters, and pressure is put back on the GBP/USD exchange rate. Order Details: Symbol: GBP/USD Order Type: Buy open Price: 1.05070 Take Profit: 1.11500 Stop Loss: Open Lots of sizes: 0.20 Status: Running Trades in a profit of $47.40
Note! Forex beginners should remember that every trade cannot be profitable. The improvement of a clear strategy and money management are the keys to success in trading over a long period. Thank you all for coming to my journal logs and enjoying yourself with friends and family.