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Filtrowane przez tagi:  Big Moves
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Swissie pauses ahead of 1.02

USD/CHF rallied about 650 pips (6.8%) since the U.S. election low on November 9th. That's hardly a half of what USD/JPY showed (1270 pips, 12.6%) but is still a lot for just under three weeks. The moves do not appear to be over yet.
2015 (1.0325) and 2016 (1.0250) highs are not very far away with the next major target being the 2008 - 2016 support/resistance line, which is currently running near 1.0450. Pullbacks have been shallow but a deeper one may not extend much below the parity level.
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Wild ride during NFP yesterday

I decided to trade the NFP release yesterday
I had a plan to make some pips:
I had set up a couple of buy stops in Eur crosses in case the number dissapointed
and i had set up a couple of sell stops too in case of a good number
My plan was that the sell positions would be opened in case of a good number and vice versa
I had set the buy/sell stops around 20-30 pips from market prices just before release
I had provided all positions with tight stops
What happened was huge market volatility at the …
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