My
USDJPY and
NZDUSD trades have paid me handsomely and I'm most likely going to close USDJPY and prepare for any profit taking next week for a new price to buy in at while taking my profits at their safest max. Below are pictures of the charts of these two pairs. They show, on the yellow dashed lines (
Yellow Brick Road To the Emerald Palace of Profits), the price movement during my time in the trades. I see divergence and congestion in
USDJPY yesterday & today. This trade has profited me over
$11,000 on
500,000 lots.
NZDUSD on the other hand looks like it can stand another 2 days or week of selling. Especially with all the selling I'm seeing in AUDUSD which I closed earlier. This 60min chart shows a nice steady consistent downtrend with the RSI in correlation to the price movement. This trade has profited me over $9,000 on 500,000 lots.
Be sure to check out the TRADER TEES #freeMartoma and #freeSkilling for sale on my home page. This is a good end to a great week of trading.
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