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Took a long on AUD/USD around .8670 area based on flow level but turned out to be a squeeze play. Currently aud is at .8620 area and I have taken another small position as it fell and will continue to monitor. Keep a look our for updates. This position I currently have less than 1:1 leverage…
If didnt clear Nzd yesterday on trip below 78 can clear trade now for 100 pips. As a rule like to close intraday short term trades before week is over. Position trades are different and as nzd was not entered as position clearing the trade and moving on.
UP TO 25 PIPS OF PROFIT ON RETAIL SALES REPORT The last trade call I sent out covered the US Retail Sales report this morning. We were looking to enter a short on the GBP/USD if the release came out higher than expected by 0.5% or more from the expected number of 0.6%. The actual…
Taking quick 15-20 on chf as didnt get filled on second order at 45. If holding lock in at breakeven and if gets under 11407 can look for 11385-90.
Took half size at 34 with limit order for other half at 45 in case market doesnt get back there.
My feeling indicator was right, its developed from years in front of the markets which you will develop as well. Now that break took place will provide better short term trading opportunities. The break was good for my core long usd positions been building and holding over past month but this blog is designed for…
If levels hold might take quick trade, but sometimes in the markets it just doesnt feel right especially if you’ve been doing it for a long time. Today is one of those days for me, something needs to break, I prefer to sit on the sidelines. Could be wrong and miss opportunity but have to…
The Greater British Pound is a volitile currency and tends to overshoot levels so use these with caution. Support can be found from 2.0315/25 and I would expect them to hold up for a while for a run back up to as high as 2.06. This is the range I expect we will see until mid next…
11407-10 sell orders in place so watch if approach that level, market been in tight range, if it breaks it could have momentum to take orders out, so use discretion, but sell in that area will allow for tight stop.
Taking cad sell at 10165-70 orders on third test is to risky will wait to see if break and look to sell higher. Markets in majors in tight range so needs to break for safer trades.
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Taking cad sell at 10165-70 orders on third test is to risky will wait to see if break and look to sell higher. Markets in majors in tight range so needs to break for safer trades.
Nzd has paid out close to 50 pips now, you can clear trade or at minimum lock it in at profit. I continue hold but at this point could clear the trade based on market without being able to update before hand. Still targeting under 78.