YOU CAN START USING PRICE ACTION AND INVEST ON FOREX MARKET USING FREE XM BROKER ACCOUNT.
EURJPY
After the signal, which I described recently, it was possible to open a position with 50 pips SL and current profit is around 200 pips. For now we should wait for further price developments – the nearest resistance lays 100 pips higher (potential TP).
If you are interested in Price Action Strategy description, you can read it here.
USDCAD
Loonie may correct stronger and price should approach another resistance. Main trend is clearly downward and that is why I will consider only short positions.
USDJPY
US dollar to Japanese yen situation develops really well – current position give more than 250 pips profit. We still need 150 pips to reach the resistance. During this year I have modified my strategy and I do not protect my position earlier, but just wait for take profit. It allows to maintain the profitability of the system even with low efficiency and one good transaction may bring even 20% gain of the initial deposit.
