GBP/JPY: The pair visited the level of 128.03 by today. There are three short positions on GBP/JPY at 129.32, 128.68, and 128.00. The floating profit is 129.32-128.03 (129 PIPs), 128.68-128.03 (65 PIPs) and 128.00-128.03 (-3 PIPs). The stop loss remains at 131.00. The pair will be hold to target at 118.00 for (129.32-118.00) 1132 PIPs, (128.68-118.00) 1068 PIPs, and for (128.00-118.00) 1000 PIPs profit expectation.
EUR/AUD: The pair visited the level of 1.2810 today for (1.2857-1.2810) 47 PIPs floating profit. The stop loss remains at 1.3050. The pair will continue to move to downward direction to visit the target at 1.2150 for (1.2857-1.2150) 707 PIPs profit expectation.
GBP/AUD: The pair was pressured down to the level of 1.6020 for (1.6044-1.6020) 24 PIPs floating profit. The stop loss remains at 1.6200. The pair is forecasted to move to downward direction to visit the target at 1.4600 for (1.6044-1.4600) 1444 PIPs profit expectation.
NOTICE: This equilibrium trading strategy almost similar to carry trading and macro-trading strategy (position trading) by holding the trading positions for 30 days to 90 days.This is not suitable for news traders, day traders, intraday traders, short-term technical traders, momentum traders, swing traders, and other high-frequency traders. You shall not follow this trading unless you are aware the risk associated to position trading and may not allowed by your brokers by holding such long period of trading positions.
