People are promoting USD across the plank on the rumours which FED will maintain the rates until 2016. If it turns out to be authentic on FOMC - there will be a lot of stop runs in USDCAD and USDJPY.
So hold on, and secure your seat belts - risk and volatility will be back! It's going to be fun the upcoming few months...
Cable was excellent example for fashion trade today. We had at least 3 great entrance signals today with entrance points, And even now, after europe is shut, cable still trying to push higher. Additionally in NZD USD we had some signs that are great. In total, In these two pairs we had at least 10 buy signals and 100% hit rate today. Unfortunately I had been away from my desk today....but still I managed to grab rapid 11 pips in cable at the close of the session. image
From your posting. . I think I have the idea of entering a transaction.
I have few queries.
When it moves against you, where will be your stop.
What type of exit egy you've got for this particular trade.
quote Hi Alpha, From your posting.. I think I have the notion of entering a trade. I have few queries. Where will become your stop, if it goes against you. What type of exit egy you've got for this trade. Thanks. KC.
I'm apartment today! I really don't have positions currently. This notion was for the current day. If I have some longer term prejudice, in terms of trading, I look at every day as separate occasion. Every new day = blank slate, new opportunities....
In terms of cable (and euro), it looks like it needs to go more up than down. NZD appears strong. When london opens, I'm looking for signs that are extended, at least until we get strong reversal signal.
For stops, as I said, my greatest stop in almost any commerce is 15 pips , irrespective of the commerce setup.
quote I am flat now! I don't have rankings currently. This notion was just for the current day. When I have some longer term prejudice, in terms of actual trading, then I look at each day as separate occasion. Each new day = blank slate, new opportunities.... In terms of cable (and euro), it still seems like it wants to go more up than down. NZD also appears powerful. When london opens, I am looking more for signstill we get powerful reversal sign. For stops, as I already said, my greatest stop in almost any commerce is 15 pips , regardless of the...
Lots of good volatility today. Somehow I missed the dawn reversal in euro and cable....
I created 17 trades , completed the afternoon 15 pips. Not too bad....
Someone asked for cases....
We had some very good long blue and rebound to white transactions after the CPI news.... Also we'd PERFECT short bounce, but I had been too concentrated on the price and forgot to make a screenshot.
All times are GMT. The time now is 09:43 PM.
Risk Disclosure: CLIQforex will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Currency trading on margin involves high risk, and is not suitable for all investors. Before deciding to trade foreign exchange or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.
CLIQforex would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore CLIQforex doesn’t bear any responsibility for any trading losses you might incur as a result of using this data.