Nzd levels
After previous posted levels, orders at 7890 and 7909, so risk according to your own account, looking for target back under 7800
New Entries
New Entries, Nzd sell into 7865-70 orders, chf sell 11365-70 orders still there but will be second attempt at them so have caution, sell cad into 1.0165-70 orders. Targets later
Post- Fomc
As expected, with the FOMC a nonevent, NZD hit first target 7747-7750 in quick time. Next watching 7725-28 then 7708-10, if those levels open up will hold for bigger move
Clearing Chf
Clearing quick chf trade from 11365 area at 11343 as can not monitor next couple hrs. If hold suggest lock at breakeven.
CHF
Took the chf trade on the approach to 11365-70 orders, but light and will be out quick with it. Stops adjusted to a break of 11408 on a position sell becuase of potential volatile action today. But as intraday trade looking for a quick 20.
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Pre-fomc
If locked in the chf trade at breakeven and let it go, up over 100 pips so advise to definitely lock in some profit. As have a sell level at 11365-70 with a 11390 stop. Had other levels that paid out overnight but didnt take them as made decision to stay out except to carry…
Sydney Update
Aud trade from friday gave 50-80 pips depending on entry. Took another 15 pips on aud sell in early new york with chf trade giving 40 pips. Carrying nzd sell over at .7800. No more trading till post fomc unless opportunity comes along that cant pass up.
Clearing Chf
Making short day on clearing chf trades from 11230-40 zone which gave 35-40 pips, can lock it in and let it go if like but just dont want position into fomc so taking it and doing one more rolling into nzd sell at 7790-7800
Staying Light
Still staying light ahead of FOMC. Aud hit 8750 target at week open and this morning gave sell entry again as 8830 still caps, took at 8811 but will lock in prior fomc. Willing to buy chf 11230-40 but under 11225 goes to 11177 where will add heavier to position but still light until fomc…
Closed AUD/USD
Decided to close AUD trade going into the weekend due to upcoming event risk. Personally only took 36 pips on this although I saw over 50. You should begin to see more and more of these non news based trades as time goes by. At this point I have yet to take a loss on any of…
Mid day update on post AUD/USD trades.
Our AUD/USD forex trade from this mornings live session has paid out pretty nicely at this point having moved from the high of .8820 down to .8865. I personally got in at .8808 and will likely hold for a while longer however I recomend to lock in some profits at this point. Our short term target…
Post NFP moves and looking ahead to FOMC
With the NFP out of the way and not providing enough momentum to break any level, the market will look toward FOMC to make its next move. Todays initial sell level of 11327 on the USD/CHF paid out twice how be it the second was against NFP so order moved higher in case of volatility…