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Time to re-visit my two open plays in GBP/USD and CAD/JPY to make adjustments to the recent news and shifts in broad risk sentiment and FX biases.
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Here’s a quick adjustment on my CAD/JPY short trade to reduce risk and lock in a profit ahead of potential technical obstacle for the bears. Check it out!
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Looking to take a shot on GBP/USD as a recent upside recent break looks like the real deal. Does the rally still have legs or will there be a pullback ahead?
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Decided to close out my longer-term short position in AUD/JPY as a lot has changed since putting it on two weeks ago. Here’s a quick recap of my trade and why I closed out at market.
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CAD/JPY is back to retesting the top of a range that goes back to early March. Is it time for the bears to step in once again?
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Here’s a quick review of the trades I took in the surprise global pandemic and financial market chaos that swarmed us in the first quarter of 2020.
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I’m feeling the recent positive vibes aren’t likely here to stay so I’m playing it through AUD/JPY, which could be running into resistance soon.
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No luck on getting into my full long position on USD/CHF, but the good news is that my max target was easily triggered as the Dollar quickly marched on higher.
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Checking out USD/CHF ahead of the latest monetary policy statement from the Swiss National Bank, & on the recent broad strength in USD.
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Speculation is starting to rise on when we’ll get a rate cut from the Bank of England, prompting me to check out the price action in GBP/JPY.
Read MoreTo succeed as a trader, you need to have a fire in your belly; it’s the only way you’ll keep coming back after being kicked down repeatedly.Amrit Sall