Update,
Chf trades up over 550 pips together, will continue to hold this one and lock in profit below weekly low. Traders that took aud short close to 91 suggest moving to atleast breakven on that one.
Trading Opportunity Tonight
TRADING OPPORTUNITY TONIGHT There is an opportunity to trade tonight when the AUD Retail Sales is released at 7:30pm EST. Your focus should be on the AUD Retail Sales (MoM) figure, which is expected to be 0.6%. We have placed a safe trigger of 0.4% for this release. We have historically seen moves of around…
DetailsAud Target
Aud sell orders 9105-9125 and much larger 30 pips above that so use those levels for your risk management on entries you take around 91 or wherever. As a position trade target of 87 is still valid, there will be volatility with rate announcement so be aware..
Trading Plan
Been reading some of the posts and wanted to make some suggestions. Do not trade if you do not have your own risk management plan. Wait until you get one or get help in getting one. That should be tailored to your personality and profile. Especially for new traders protecting capital is essential so you shouldnt…
Details