BURY THE YEN....

You all recall that I warned about the devaluation of the Japanese currency weeks ago -- i.e. YENtervention...well, it hasn't stopped, and its not going to! LETS SMASH OUR OLD WWII ADVERSARIES WITH SOME FOREX BOMBS! AND LETS MAKE SOME MONEY!

TRADE 1, 2, & 3 "The BUCKET" -- 3 different types of currencies against the YEN!

1st in the BUCKET.....BUY USD/JPY

1 unit @ Rate: 83.40
1 unit @ Rate: 82.75
Stop: 81.75
Limit 90.00

2nd in the BUCKET.....BUY CAD/JPY

1 unit @ Rate: 84.00
1 unit @ Rate: 83.00
Stop: 81.50
Limit 86.50

3rd in the BUCKET.....BUY EUR/JPY

1 unit @ Rate: 109.80
1 unit @ Rate: 108.00
Stop: 106.50
Limit 120.00

TRADE 4 "BRITISH QE" -- Those pesky brits are, once again, attacking their own by devaluing their currency....so while the stiff lips suffer, LETS PROFIT!

The one and only British Basher....Sell GBP/USD

1 unit @ Rate: @ MARKET
2 units @ Rate: 1.5925
Stop: 1.6025
Limit 1.5650

TRADE 5 "QUE PASA!" - Lets face it...Mexico is going to get California back...and there ain't nuttin we can do about it...SO LETS PROFIT!

Pour the Tequilla Baby!....Sell USD/MXN

1 unit @ Rate: 12.65
Stop: 12.85
Limit 12.20

TRADE 6 "VIVA LAS VEGAS" -- This is my usual Big Gamble trade...for those of you who like risk

WHO LET THE NEW ZEALAND DOGS OUT? WOOT! (ok, I couldnt think of anything)....Buy NZD/USD!

1 unit @ Rate: @ Market
Stop: 80.60
Limit 90+

TIGHTEN YOUR STOPS!!!!

All of my pics are flying.....but do not get careless! Raise your limits! Tighten up those stops....and don't get greedy. Take some profits off the table if you want!

Tooooomorrow! Tomorrow! We'll trade ya! Tomorrow! You're onlyyyyy a dayyy aaaaaaway!!!!!!

LETS STUFF & MOUNT THE KANGAROO!

So this week, we are going to try knock that pesky kangaroo on it's back! If we play this right, it could be once of the best timing jobs we've seen so far. If we play it wrong...the risk is low. Its a 2 step trade....SO LETS MAKE SOME MONEY!

Trade 1: Short AUD/USD ---- Load up the bases! ----

Rate1: 1.07550 - 1 unit
Rate2: 1.07800 - 1 unit
Rate3: 1.08250 - 1 unit
Stop:   1.08584 - ALL units
Limit1: 1.06000 - 1 unit
Limit2: 1.06500 - 1 unit
Limit3: 1.07000 - 1 unit

***I will be shorting 5 units each trade (total 15)

Trade 2: Long AUD/USD  ---- The Grand Slam! ----

Rate1: 1.0600 - 3 units 
Stop:   1.0400 - ALL units (Potential loss $60) 
Limit1: 1.1000 - 3 units 

***I will be long 20 units

NICE BOUNCE BACK!

I'm not gonna lie...last week took its toll on me, but I got right back on that donkey and rode into the sunset this week! 3 picks....all profitable!

1) USD/CAD

2) USD/CHF

 

 3) USD/SEK

Check your email Sunday Night for new trades!!!!!