This is another trading day review where I try to sum up interesting moves and trades.
Another day when you could look for long opportunities. Few reasons for that. SNB told that intervention from SNB on swiss pairs is possible. Later during the day the numbers from USA were below expectations which gave another boost. Overall a nice trading day on eur/usd where you could catch two nice moves up. 15 min. eur/usd:
On gbp/jpy I made a stupid mistake, because I was short based on 15 min. time frame:
There was another story on 1 hr chart, where price was above support (100 simple MA). This is also a reason why gpb/jpy was in a range move for first half of a day. 1-hour gbp/jpy:
From the morning it looked like it might be a move down on usd/jpy. Price was below averages and pivot point did not worked as support. Usd/jpy wend down fast and did not stop at S1 line. I hoped for move to the S2 line, but move stopped at 200% extension line (also a 161.8% extension from the whole move, it clearer on 1hr chart) in the afternoon, so I took profit. 15-min usd/jpy: