Tuesday, March 29, 2011

EURJPY && USDCHF - Pending Orders Opened

EURJPY H1 Chart - Potential breakout to the upside
EURJPY looks ripe for a breakout to the upside, so I've placed a pending order at 115.75 with a 35 pip stop and a 60 pip target.

USDCHF H1 Chart - Potential Breakout to the upside

Same goes for the USDCHF - potential breakout to the upside.  I've placed a pending order at 0.9184 with a 35 pip stop and a 60 pip target.

I entered a EURUSD long earlier as well, when the stop loss for the trade entered yesterday was hit.  I had mentioned a few key levels in those posts, stating that a break above these would turn be bullish.  Updated screenshot of that trade, about to take profits:

About to take profit on EURUSD long - no post describing the specific entry, but I mentioned in a post yesterday key levels I was looking for to turn me bullish.  Those levels were hit and now profits are coming soon.

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