Market pulsing pretty quick thru so held all positions. However have to leave the screen now so will lock the .9000 position in above 8915 so if market turns against while gone it will be protected. However looking to hold for lower.
With sell at .9000 my avg is 8907. I will watch the market and may clear the .9000 position for profit close to there and hold others minimizing some risk, it will depend on price action. May decide to hold all, just have to be on toes in this environment.
In sell at .90
Will add back previous position that was taken at breakven 8890 in the sell zone of 8980-9000 to get avg close to 8900.
TRADE CALL RECAP For my last live trade call, we were watching the US GDP report that was released this morning. I mentioned in the Live Trade Room that you should not trade this release if it came out with a buy signal. The actual number came out with a deviation of 0.6%, so it…Details
TRADE CALL RECAP For my last live trade call, we were watching the US Durable Goods Orders report that was released this morning. I mentioned in the Live Trade Room that our accounts were not going to trade this release as we have seen very small moves on this release over the last several months.…Details
This week, we have the FOMC meeting to contend with but on the commodities front we feel that there are other even more important things to mention. The traditional measure of the how the Commodities markets are doing as a whole has been the CRB index. This index has undergone a number of changes in recent years but the bottom line is no matter how you measure it, commodities as a whole are at all time highs. And I mean all time not just life of contract highs, but real all time highs in the history of recorded time in many cases.
CANADIAN CPI PROVIDES UP TO 60 PIPS OF PROFIT FOR TRADERS The last trade call I sent out covered the Canadian CPI report last Friday. For the CPI report, we were looking to long the USD/CAD and EUR/CAD if the report came out at least 0.2% worse than expected. The actual number came out with a…Details
The previous aud sells gave several opportunities for profit or atleast breakeven. I am holding the 8815 sells looking to add to them. If you didnt get out you can follow me but just make sure to use low leverage as this week could be volatile with alot of event risks. If you did get…Details
TRADE CALL RECAP Yesterday we were watching the UK GDP report, and I mentioned in the Live Trade Room that we would change our safe trigger to 0.1% as this report seldom has a larger deviation. I also cautioned that due to the Bank of England Minutes being released at the same time, that you…Details