Happy Pip

Greetings 🙂 With the rhetoric virtually unchanged from the last meeting as the Fed keeps a laser focus on inflation, we saw USD slowly drift higher as traders price out the possibility of a rate cut. This was beneficial to our short trade and

Our position was stopped out yesterday. There was no news, it was reported that the move up was on program trading by institutions. It looks like traders are looking to get into the Aussie on any kind of dip and that we probably won’t see much of profit taking anytime soon. So

Hello Hello! Our trade was triggered during yesterday’s morning Euro session as it retraced to 1.1335. We were helped by today’s US CPI numbers as they came out pretty much inline, but slightly lower. USD sold off after the event and

Hello 🙂 I hope everyone had a wonderfully, long weekend! With metals on a tear on demand from China and traders flocking to gold for inflation protection, going long in AUD/USD looks to be a great play after a retracement.

Hello everyone! Looks like it has been a wild ride for our AUD/USD position as we saw the RBA keep rates at 6.25% last night. This sent AUD/USD down to trigger our long orders at .8100. Unfortunately, the sell of on the news triggered a stop out on half of our position, but

It looks like the pair failed to follow through the downward spike from earlier this week and stay range bound for the last 2 days. The third portion of our trade was stopped out for additional +10 pips on a spike up during the morning Euro session yesterday.

We will close open orders as AUD/USD never made a retracement down to trigger our entry level.