The end of week 1 is near. After cashing in all winning positions on conditional orders with a tight TP on each - profit was marginal for the great potential in these charts. The main economic event of the week, number of pips speaking that is, was this morning´s Australian employment change. I had set up good positions on EUR/AUD and AUS/USD that could have made 75+ easily but had the default 20 pip take profit order on each This can easily be seen in the screenshot below.

I also opened new positions on AUD/USD and EUR/AUD aimed at cashing in on the retractment of the spike of 01:30UTC. However - they were both premature and are currently both at a loss. I also still have the long position on USD/JPY open. In total these positions outweigh my profits of 60k plus from other positions this first week of August. All I can do now is wait for things to smooth out significantly before 18:00 GMT tomorrow


The Canada employment change at 12:30 UTC is the last significant economic event of the week. CAD/JPY could be a good choice to get in, before or after the fact. This figure often comes in quite different from forecasts and almost always gives a good trading oppertunity when it does so. I wish you a happy weekend and week-end on the platform.

elmagnifico
Przetłumacz na Angielski Pokaż oryginał

Gdy nie jesteś zalogowany, nie wiemy jakim językiem się posługujesz, lecz przypuszczamy iż jest to Angielski
Zarejestruj się lub wybierz inny język do tłumaczenia z listy.

– lub –