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Big event for NZD means an adjustment to my EUR/NZD short trade, while the bounce in EUR/USD could be another opportunity to get bigger at a better price in this longer-term trade.
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No fresh ideas for new plays at the moment, so here are quick updates on my longer-term plays on EUR/USD and AUD/USD.
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EUR/NZD continues to move in my favor but with another potentially negative Kiwi event coming up, it’s time to adjust to lock in profits & create a “risk-free” trade.
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We could see one more burst of volatility for the Greenback tomorrow, making this setup on GBP/USD a play into the weekend.
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No fresh trades today but with Brexit action heating up and the FOMC meeting this week, I’m keeping a close eye on Cable for my potential next move.
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Playing my short fundie bias on the euro today with this longer-term fundie & technical setup on EUR/USD.
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With no new setups jumping at me at the moment, here are updates and adjustment to my current open ideas on USD/JPY, EUR/NZD, and AUD/USD!
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Not much jumping out at me at the moment for immediate live plays, but the price action on NZD/JPY has my attention ahead of top tier events next week!
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Caught a bit of good luck on my EUR/NZD short idea, and with the pair going my way by a couple of hundred pips, I’m adjusting my plan to take advantage of the momentum!
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The euro was able to climb higher in the past month against Kiwi, but can’t seem to break away from 1.7000. Bears taking back control?
Read MoreThere will be obstacles. There will be doubters. There will be mistakes. But with hard work, there are no limits.Michael Phelps