Pipcrawler

Taking a short-term shot at AUD/USD, ahead of likely volatility coming from an upcoming top tier economic update from Australia!

Decided to close out my short EUR/CAD position for a profit after a nice move lower in a short amount of time. Here’s a quick trade review!

EUR/CAD didn’t make it all the way up to my short orders, so I decided to tweak my trade plan to make sure I was in before the upcoming ECB monetary policy meeting.

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.