Forex Trading Live Update, Monday 6th August

by Joe Oliver, Forex Trading-Pips

The US dollar traded close to two months lows versus the Japanese yen on Monday while the Nikkei 225 Stock Index rose the most in more than three months, gaining 2 percent to 8,726.29.

We are currently short USD.JPY in our Forex Signals Intermarket component with accumulated open profits of +300 pips. Short entry was transmitted to our subscribers in real time on 4/20/12 and is marked on the chart below by the red down pointing arrow.

USD.JPY Intermarket Signals Daily Bars

USD.JPY Intermarket Signals Daily Bars