With Powel speach in hours I took a clean exit with 9.6% gain over two days. Drawdown to a minimum as presented prices below green suggested entry line.
Category: Forex Daily Insights
After good GDP numbers USDJPY dropped to opening 13 trades @ 0.17 lot as an opener having been here twice before in the last 4 months. A potential yield of 10%
With the USD going stong on Job Data the EURUSD has oly been here 4 times previoucsly thislast 4 months with a target entry at 0.16 and a take profit with a minimum of 6% if attained.
As per the guide. The EURUSD has hit and opened at 0.08 and dropped without any drawdown. this has occured 20 times in the last 3 months
AUDCAD, a personal favourite of mine, has trades 4 times at a target of 0.21 in the last 4 months. Anything above 0.19 would make an awesome return. Has topped out at 0.31 12th May 2021
Stacks building with target open level at 0.17 twice achieved in the last 4 months.
With news of OPEC Oil Price Supply agreement in collapse markets respond with increase in expected Oil Price but with the a who blinks first on price war! The USD is rising against the CAD but with higher priced oil currently $74 per barrel CAD will rebound strong. Wait to enter the Loosing to Win […]
After the NFPR data of poor unemployment there was a pull back but the general trend is in the upside. Waiting to see if trades rebuild in during this flat weak. There is more concern on inflation than employment numbers.
18:33 GMT Update 10 Trades in play