Daily FX Training | Learn Forex with the Dynamic Traders

Dynamic Trader Blog - Forex Chart Pattern Signals

Thursday, January 17, 2008

New Zealand Dollar Yen

We have closed off our NZDJPY short yesterday with 150 pips profit. We have taken a long position last night on this cross and this morning scaled out and are risk free.

We took a short on the Euro as well and are managing this trade.

The GBPUSD is out of our sell zome but is not in our buy zone yet so we are standing aside.

The Dollar Yen is still in our sell zone but based on our previous update we are standing aside.

Some of you who we know personally like trading the Euro Pound. Thats cross is now out of our buy zone.

We would like to say a thank you to our good friend Donal for yesterday. We spent the day with Donal at the Business Design Center being educated on art. Having no experience in art we had an expectation and have to admit it was not very high. We spent almost 9 hours walking around and whatever limited beliefs and expectations we had are now no longer the case. What a fantastic day and amazing learning curve. We walked away with our eyes opened to a completely new world and also our first piece of art work we purchased at £5000. Thank you Donal and we look forard to visiting your art gallery soon.

Forex Analysts
Anne Chapman & Javid Shaik