Live MME Forex Trading

A few positions we have on right now and charts for them.  2 out of 3 sit without any risk at all.

AUD/CAD Short – In Progress

Major resistance in the 1.0050-1.0100 area.  Technical analysis points out that this is a key area for price reversals. Keep in mind – some consolidated areas between price and targets.  Est time for trade is 3-10 days.  Current risk @ 0.51%  Profit Target @ 1.18%

EUR/CAD Short – In Progress

Price breaking a major supporting trend line.  Bearish technical analysis, and long term trend line support in the 1.3700 area.  Keep in mind – Watching previous low for signs of support. Est time in trade 3-10 days.  Current risk @ 0%.  Profit Target @ 1.77%

USD/JYP Long – In Progress

Long USD/JPY this morning.  Short term entry for intra-day trade.  My technical analysis projects a price move to the 114.55 area.  Keeping in mad – Yellen Speaks today. Est time in trade 30-90 min.  Current risk on trade 0%. Profit Target @ 2.25%