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Trading strategy for the coming week

AdamFx42 Posted 24 Apr. in #Trader's blog #NZD #Usdjpy #Decision #Fomc #Gbpjpy #Rate Interest

Two interesting data releases for me this week
I have climbed back to 155K, from being down to 29K, last week
and I am hoping to spend my money wisely this week
UsdJpy is climbing higher before the FOMC on Wednesday,
I have not decided to play this yet - GbpJpy seems to me the most interesting pair to trade
Also, on Wednesday, is the Nzd interest rate decision
If there are hints of another rate cut I will short Nzd pre-decision
gl all

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ECB rate decision coming up

AdamFx42 Posted 21 Apr. in #Trader's blog #Ecb #Draghi #Rate Interest

The ECB rate interest decision is up in about half an hour
Traders all around do not expect the same fireworks as last time
Mario Draghi will probably be (much) more dovish this time
This could mean a drop in EurUsd
I am selling on my live account just below 1.14 (if we get there)
There is a possible H$S forming on the daily chart
gl all

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AdamFx42's Blog

Trading strategy for the coming week

ECB rate decision coming up