AdamFx42's Blog

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Closed 2 positions with a healthy profit

I just closed my GbpNzd and GbpAud shorts
I made about 200+ pips on these positions altogether, which is very nice
for a days trading - shorting Gbp
I almost switched sides to buy GbpNzd and GbpAud after this deep retracement
but fundamentals have not really changed - and I do not like Gbp chnaces
I thought of adding EurNzd longs and EurAud but instead I will call it a day for now
Live to trade another day :-)
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Trying to find AUD lows

I am trying to buy the lows in the Australian dollar
I have bought AudUsd around 0.75 after it went down after the interest rate cut
I am short GbpAud and EurAud now, too
I also went long AudChf, as the pair should recover from lows
I am hoping Aud will recover (a bit) and not fall any further
We shall see
gl all
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