Open trading account 
The awaited election results are keeping most EUR pairs at high levels, the EUR/USD in particular. Good PMI numbers haven't yet given a bullish signal in GBP/USD, which is caught in an upward channel, but at the same time in high levels and with no recent retracement to enter a long trade with confidence. EUR/GBP has been going up but we're still looking for a short trade as technicals support one in the medium-term.
Today, we entered (so far) two trades:
1. a long in USD/JPY, there's lots of buying in the pair but the sharp upward channel, no recent retracement and high levels made the decision riskier, hence a small trading position.
2. a long EUR/NOK, similarly to the USD/JPY there's been a lot consistent buying in the pair. Oil prices are lower and the EUR has bullish sentiment as well. Profit target is high as we'll let--depending on market conditions--this trade play out throughout the month, or untill the OPEC meeting later in May. Trading size small due to the uncertainty and high levels.
Today, we entered (so far) two trades:
1. a long in USD/JPY, there's lots of buying in the pair but the sharp upward channel, no recent retracement and high levels made the decision riskier, hence a small trading position.
2. a long EUR/NOK, similarly to the USD/JPY there's been a lot consistent buying in the pair. Oil prices are lower and the EUR has bullish sentiment as well. Profit target is high as we'll let--depending on market conditions--this trade play out throughout the month, or untill the OPEC meeting later in May. Trading size small due to the uncertainty and high levels.
