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After market settled a bit, see that the chf orders at 11365-70 payed out again, after the spike the hr couldnt close above them and 11408 was never tried. In the afternoon the cad sell from 10165-70 has paid out 40 already. I did not take either as I said in previous post was not…
This morning we were watching data from Canada as well as the US. I focused more on the Canadian Trade Balance than the U.S. Trade Balance report. The plan for the Canadian Trade Balance report was to go short on the EUR/CAD if it came out higher than expected by more than $.8 Billion. The…
When I said letting market play out today, means staying away from other trades until it settles.
The rumors from last night of Fed action came true as Fed just announced plan which has caused panic and reignited risk appetite for high yielders and carry trade. Momentum with the longs until the news fades. Just bad timing on taking trade that would normally work not knowing Fed joint action about to be announced,…
After previous posted levels, orders at 7890 and 7909, so risk according to your own account, looking for target back under 7800
New Entries, Nzd sell into 7865-70 orders, chf sell 11365-70 orders still there but will be second attempt at them so have caution, sell cad into 1.0165-70 orders. Targets later
I would like to recap what we did on the last live trade call and give you the criteria for two possible trades tomorrow. The last trade call I sent out covered the UK Trade Balance report this morning. For the Trade Balance report, we were looking to long the GBP/USD if the report came…
As expected, with the FOMC a nonevent, NZD hit first target 7747-7750 in quick time. Next watching 7725-28 then 7708-10, if those levels open up will hold for bigger move
Clearing quick chf trade from 11365 area at 11343 as can not monitor next couple hrs. If hold suggest lock at breakeven.
Took the chf trade on the approach to 11365-70 orders, but light and will be out quick with it. Stops adjusted to a break of 11408 on a position sell becuase of potential volatile action today. But as intraday trade looking for a quick 20.
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Took the chf trade on the approach to 11365-70 orders, but light and will be out quick with it. Stops adjusted to a break of 11408 on a position sell becuase of potential volatile action today. But as intraday trade looking for a quick 20.
If locked in the chf trade at breakeven and let it go, up over 100 pips so advise to definitely lock in some profit. As have a sell level at 11365-70 with a 11390 stop. Had other levels that paid out overnight but didnt take them as made decision to stay out except to carry…