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Блог AdamFx42

Something does not feel right about my USD longs

AdamFx42 Опубликовано 13 Март в #Trader's blog #Fundamental #Technical #Price Action #USD Longs

I am having doubts about my UsdJpy and UsdMxn long positions
I thought I was doing the right thing going long USD at market close on Friday
but I am beginning to have some doubts now
My UsdMxn long looks technically good but is falling
My UsdJpy long seems to be stuck in a losing position, too
I have seen this before in other contests and in live trading
Although the rate hike on Wednesday is a certainty and I would expect a stronger Usd afterwards
things are not always what they seem in trading…

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Tough Times - looking for the right trade

AdamFx42 Опубликовано 9 Июнь в #Trader's blog #Price Action #Market Dynamics #Euro Indicision

After the ECB decision and subsequent Eur/Usd moves
I was pretty sure that the pair would retrace first
and then continue/reverse to a move back up
I am going long Eur/Usd, but I thought that Euro strength
would also express itself in the crosses:
up to now I have been wrong about that: my Eur/crosses positions have all been stopped out
Still, you stick with your plan, and that is what I intend to do:
even though Aud and Nzd are much stronger now than I would have thought,
I am betting on the ma…

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Блог AdamFx42

Something does not feel right about my USD longs

Tough Times - looking for the right trade