SAPIREX IN ANOTHER WORLD

You may have read my previous writing, that the JPY appreciated against the Poundsterling. And in fact, the strengthening continues until the level 132.xx. This incident is not presumed by economists who see the economic development of the world’s currency especially Yen, Pound sterling, and U.S. Dollar. Estimates issued at the time, the Japanese Yen will only be able to press the Pound sterling to the level of 175.xx

JPY against the USD also had a very good strengthening and development, for now this pairs of currency at the position 87.xx Meanwhile, JPY against the EUR on the normal level positions, at the range of 123.xx-126.xx EUR also started strengthening against the USD, after previously was oppressive to the level 1.18xx

In the event such as this, then the carefully traders can take an advantage of the opportunities that will generate large profits or a green pips, while for traders who continue to ensure that the Japanese Yen will stop pressing on 175.xx will have more losses or red pips on their faces.

In the forex trading, when a pairs of currency board or alight, a trader can take a very big advantage when see an opportunity and able to take advantage of them. Open your eyes, continuous review of graph and open your ears for all news about the development of the world that in the economic’s crisis.

In September 2008, an increase of the JPY is very strong against the GBP. And according to some sources, it will still will continue for the time still can not be estimated.

Bizarre against the Japanese yen strengthening this very visible because the currency pair on the other, not strengthening, which is too visible light. What actually happened in the Japanese Yen against Great Britain Pounds Sterling, and will continue until at stronger?

USD is very strong at close market last week. I still don’t sure, it will be continue for this week or just a temporary condition. Looking for the chart with technical analyze, this down trend will continue to 1.4500 for EUR/USD pairs, just my prediction as newbie trader.

At close market last week, I have got 185 green pips. That is very good, but at my open position before that I have got 146 red pips. My lost happens because my all indicators says that EUR/USD pairs has reach oversold position, so I take a risk to open buy position. My analyze for read indicators is false at all, and got very much loss. Fortunately, I change to sell position and green pips has come true, and a little dollar has flow to my funds.

For today until Thursday, I think EUR/USD pairs will be sideway, and at Friday it will be down again. That my prediction, but I wish it will continue go down fast and faster starting from tomorrow.

Bad news at my forex trading. I have lost some dollars from GBP/JPY pairs, cause my mistake decission at yesterday. Open sell position at 211.22 and today GBP/JPY position at 212.xx I can do nothing, and just want to close my open position.

Yeah, I close my position at 212.18 or 96 red pips. I don’t know what will happen today. I have open position buy at 212.19 with exit target at 212.50 Just hope, it will be come true. Not big pips, but I use more quantity to open this position.

Please, give me some green pips.

Yesterday, the position of GBP/JPY pairsis very high, at 208.96 That is very high position for GBP/JPY pairs for this month, after May 2, 2008 GBP/JPY pairs up to 209.06 and become down at 199.82 From 199.82 GBP/JPY pairs continuing the step to take a high posistion until yesterday.

EUR/USD pairs become continuously down after reach 1.5818 at May 27, 2008 and yesterday I think the most low for this month at 1.5484

Now, GBP/JPY pairs is starting to slow down, and EUR/USD pairs slow up. I don’t brave to predict the move average for later, cause foreign exchange is very fluctuative and mostly confuse about moving. All indicators that I use say that EUR/USD pairs become up and GBP/JPY pairs become down, but I am not sure.

Today, May 16th 2008, I got 79 pips from Marketiva. 46pips from buy EUR/USD and 33pips from buy GBP/JPY. That’s not bad for newbie. Actually, (maybe) I can get more pips from twice instrument, but I am very worried about suddenly change of trend.

Now I sell EUR/USD, open at 1.5510 with target 1.5450 Why I sell EUR/USD??? Cause this instrument is very confusing by up and down trend, and I think 1.5510 is the top point of EUR/USD for this day. I also use some indicators that say EUR/USD has been at overbought.

Some trader not open position in Friday and Monday, cause that days is very unpredictable. But, today I take a risk to open position and hope it will in long green line.

Tomorrow morning the market will close, and I hope my target is reach.