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I had put a stop at the asia market open and it has just been downhill since, so got a bonus, but now will take everything except chf off. If you cleared last night still a great trade with alot of profit. Today holiday in ny so will more than likely wait till next london…
Now that back will look to clear rest of nzd and aud trades this evening for another 400 plus pips. Will continue to hold chf position and be ready for new trades this week.
We had some anouncements made from the ECB a few hours after we added to the usd/chf that was extremly bad for the eur and due to the corroloation between the EUR and CHF we saw good moves on both currency pairs. I expect we will have some slight retracements but expect overall follow thru…
I added to the USD/CHF around the 1.0900 level. You can add any where in this area.
Dustin
I am traveling this week and been having a hard time with my connection. So dont expect alot more posts if it continues to give me trouble through the rest of the week. I am clearing the 7788 and 7808 nzd sell trades for 300 pips together. Locking in and holding the 7865 sell entry which…
I will continue to hold trades thru next week. Yesterday caused a squeeze off of Bernanke’s statement. He was scheduled for 1 pm eastern, and it got leaked about 45-50 mns early. No way to prepare or know about that, but it will happen from time to time. Knowing what to do when it happens…
Bernanke statement released early, some orders removed allowing for stop squeeze higher. Everything is still ok will have to reassess when market done with the noise.
Be cautious ahead of bernanke at 1 pm eastern. Could squeeze it 30-40 pips. Good sell levels either way.
Depending on size of first trade, you can add to nzd around 7808 for a 7798 avg.
Nzd sell close to 7788, If entered chf it will be fine since suggested caution with size becuase it looked like good day to squeeze stops. Will update on potential add to chf, right now next levels 11020-35
Orders down to 11080 so still offering good risk reward, just be cautious with size.