Taking a look at teh $-Yen today, we target an M3-M1 move entering the market near the CPP. We wait for a conservaitive entry on the break of the CPP but price turns against us. Not every trade plan comes through to fruition. Enjoy.

The USD/JPY showed signs of a triple bottom at the 118 psychological level just before the New York open. The cross of the 5 ema and 8 sma coinciding with stochastics crossing the 25% level provided the confirmation we needed to go long. If you moved your stop to break even and simply let it run, you would have found yourself up about 75 pips at the New York close. Better yet, you’d ultimately find yourself sitting on a nice interest-bearing carry trade for as long as this pair remains above your stop.

Even more carry trade unwinding. Absolutely fabulous! This video reviews possible trade entries and profit targeting that we covered at FX Bootcamp using price channels and triangle break techniques for the GBP/JPY and NZD/JPY… two of the most popular carry trading pairs.

Today was a fantastic day for our members. Multiple pairs giving us many opportunities. Today’s video focuses on the AUD. Enjoy!

The USD/JPY broke its central pivot point as early New York traders arrived. Momentum increased as the recent unwinding of carry trades resumed, producing a move strong enough to break both the 120 psychological level and the 200 day ema. A 77-pip profit for traders who exited at the S2 pivot point, a standard target for us in a fast moving market. Those who let this trade until the 5 ema and 8 sma crossed, realized an additional 70 pips.

An extremely volatile London session ensued as an over abundance of moves took place, including quite an unwind of interest rate differential/carry trade pairings. With advance warning in the classroom we were able to fairly accurately pinpoint the beginning of the move. Depending on whether members traded one JPY or CHF pair, or performed a fully Yen correlated trade, we booked anywhere from 150 to 1500 pips in one London session! In this video one of these yen pairs, the GBP/JPY, is displayed as is how were were able to use a combination of Daily, 4 hour, 15 minute, and 3/5 minute charts to find a conservative entry with confirmation we were on the right side of this move, and ride it all night long…

Using the 4hr Pound-Swissy chart to identify longer term divergence, and coupled with historical behaviour in the pair, we target the 4HR 21 EMA using our 15minute charts for a conservative entry. Hope you enjoy the video. Cheers!

Three of the four major currency pairs had exhausted their daily pivot points, and all four had already exceeded their average daily range over the past month. Using the USD/CHF as an example, this video explains further why it was a good session for capital preservation.

The FX market was quite active ever since the previous London/NY closing, with so many trade setups it was difficult to keep up with them all. In this video we focus on just one of the many setups we displayed during our FX Bootcamp classroom. The GBP/CHF had started a nice uptrend during the Tokyo session and offered several re-entry opportunities, the last of which was during our London session, then extending another 100 pips afterwards for a very rewarding day. Weekly pivot points proved vital for our targeting.

An opportunity on the EuroYen presents itself for a nice conservative short yielding 60 pips at time of making the video. No 5/8 cross against us as yet and potentially more yet to unfold. Enjoy!