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TRADING OPPORTUNITY TONIGHT There is an opportunity to trade tonight when the AUD Trade Balance report is released at 7:30 pm EST. Your focus should be on the AUD Trade Balance Goods figure, which will be Row 1 of the RSS and is expected to be -$2.5 Billion. We have placed a safe trigger of…
Was able to get 7740 on retry of levels. will move to breakeven soon and watch price action for exit. Will update exits and targets as price develops.
Took another sell into larger order sell zone mentioned yesterday 7732-40. If you did move stop to breakeven, if it tries the area again you can reenter the sell.
US NFP PROVIDES TRADERS WITH UP TO 70 PIPS OF PROFIT On our last trade call I sent out we were watching the US Non Farm Payrolls report last Friday. We were looking to buy the GBP/USD if we report came out at least 50k worse than expected. This release came out with a -52k…
Go ahead and lock trade in from 7725 so it atleast doesnt go negative against you. For intraday profit you can clear for 35-40 pips. If want to hold to see if follow through happens, would target atleast 100 pips.
Preparing to sell Nzd, waiting to see if get spike closer to 7740, if not will sell around current 7725
Largest orders are from 7732-40 just not sure if will make it so willing to take it in front of 7716-30.
Will be looking to sell nzd close to 7716-30. Will move stop to breakeven quicker than normal if given the chance on this one.
The holiday season is now behind us and this week will be the first week of 2008 that is back to business as usual. That means that volume will finally get back to normal levels and volatility, while still high relative to the past, should begin to contract from the extreme holiday levels. We see…
ForexMasterMaker Managed Account Weekly Report for 1.04.08 Here is the Weekly Report for the Managed Account. There were no closed positions this week and we were setup for the following news events with requotes on both. We are currently holding some Bank Flow positions in the EUR/USD and the USD/CHF. Don’t forget you can find…
If took chf trade, you can clear it for intraday profit. Or lock it in and hold for move into mid 112’s
New week and hopefully start of full liquidity back in market which will give plenty of order opportunity. For now buy usd/chf close to 111-11110