Still holding our EUR/USD short from 1.4753 level. Still holding our CHF long enties starting at 1.1224 going up to 1.1265.
My contact has suggested to hedge Cad around 9580/9600 area, expecting a retracement. Stand by for additional info.
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Still holding our EUR/USD short from 1.4753 level. Still holding our CHF long enties starting at 1.1224 going up to 1.1265.
My contact has suggested to hedge Cad around 9580/9600 area, expecting a retracement. Stand by for additional info.
The last Forex trade call I sent out covered three different currency trading opportunities. The First was the UK Trade Balance which was released at 4:30 am Eastern. The plan on this release was to go short on the GBP/USD if it came out worse than expected by $900 million. Our trigger was just missed so we didn’t take the…
ForexMasterMaker Managed Account Weekly Report for 11.10.07 Below is the weekly report for the Managed Account. You will see the profitable hedge trades that were closed on the USD/CAD which gave us a little breathing room for the current open positions. We are still holding the positions and we are pleased to see a…
This morning we were trading two different releases out of two different countries. The first report was the Canadian Labor Change report, and the second was the US Non-Farm Payrolls report. CAd EMPLOYMENT SCORES 29 – 62 PIPS FOR TRADERS… On the Canadian report we were looking for 15,000 in deviation. We actually got 50,000…
ForexMasterMaker Managed Account Weekly Report for 11.02.07 Here is the Weekly Report for the FMM Managed Account. There were not a lot of trades this week and the market is reacting different than normal as different currency pairs reach extreme levels. Dustin did send out an email to most clients on his other mailing…
We were watching two news releases this morning, neither of which hit our triggers. First the US PC Core report came out, and my recommendation was only to trade this if we had Personal Spending and PC Core in agreement, and both deviating by 0.2 or more. This did not occur, so this was a…