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ctrade-77

Front running CPI on Thursday with analysis of strong CPI

Short
Euro FX Futures (Mar 2022) (CME:6EH2022)  
ctrade-77 Updated   
CME:6EH2022   Euro FX Futures (Mar 2022)
Trend Analysis Fundamental Analysis Beyond Technical Analysis
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trendanalysis fundamental beyondta
Feb 8th Techonomic Trading Strategies posted we were reversing our long position from a bounce off a multiyear trendline with anticipation of strong resistance holding with a hot CPI. Not only did we get it right, then Fed Gov. Bullard made comments of a 50-basis point hike in March and with the addition of possible Russian invasion of Ukraine this week in the news seemed to put wind to our back for this trade. We've held our position through the weekend an expect the yearly lows to be tested with-in the coming weeks. Techonomic Trading Strategies, 90% Technical Analysis with 10% Fundamental Analysis. Trading made simple.
Trade active:
Our trade is gaining traction. We have moved our stop loss to 1.13525 to lock in profits.
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