AdamFx42's Blog

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Back in the top 10 this month

I am in the top 10 since yesterday
My strategy for this this month is paying off
First I was long Gbp and Eur, and got out with a nice profit of 40K, and switched to Chf
I was patient and waited with my Chf positions - that was good
There was finally some movement/recovery in Chf crosses yesterday,
and I managed to get out with a total of 100K profit, altogether
I noticed Gbp was unable to move higher after GbpUsd failing at 1.25
So I shorted Gbp crosses and made another quick 40K, witch was nic…
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What to do the coming week - analysing the market

The last full week of the traders contest is coming up, and although now would be a good time to strike
and try to build up a nice balance towards your final score - the market seems in indecision...
Looking through various charts for some useful technical analysis is hard work in this weekend,
as most pairs seem to be suffering after getting hit the end of last week,
the only exception seems to be Usd/Jpy which seems to be stuck around 104.3,
which is 200 SMA on the hourly chart, and holding ab…
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