Pipcrawler

Both the ECB & BOC will give their latest monetary policy statements later this month, which means that we’ll likely see some action in EUR/CAD soon. Is there a major resistance area soon & will it hold/reverse?

After some gains on both EUR/USD & GBP/JPY, I decided to try to maximize my potential profits. Unfortunately, short-term sentiment shifted, taking me out on both positions in today’s session. Here are quick reviews.

Decided to maximize my potential gain (while reducing my max risk) on my GBP/JPY short after dovish comments from Boris Johnson. Here’s a quick update on my latest adjustment.

After a strong breakout lower after the RBA rate decision, AUD/CAD spiked back up to trigger my adjusted stop. Here’s a quick review and thoughts on AUD/CAD going forward. 

It looks like Aussie bears are sitting pretty after the RBA cuts rates to historical lows. Here’s a quick update on my AUD short positions (AUD/USD & AUD/CAD) and what I’m doing next. 

We’ve got the RBA meeting early next week & after a solid run for AUD bears, I’ve decided to make quick adjustments to my AUD short positions to lock in profits & reduce risk.

Not only am I locking in a little profit on my EUR/USD, but also maximizing my profit potential in case the pair continues to move lower. 

This textbook technical setup on GBP/JPY and recent Brexit developments may be an opportunity to finally play my short bias on Sterling. Let’s see what’s crackin!

AUD/CAD bears have taken back control on recent weak Australian data to put my trade in profit. Here’s a quick adjustment to reduce my risk ahead of CA data & U.S.-China negotiations.

Taking a swing on AUD/USD as the bulls seemed to have run out of steam ahead of a potentially bearish economic update from Australia.