TradingView
CloudVaping
Jun 7, 2016 1:13 AM

Interest Rate Decision Today...Should Be Interesting Long

Australian Dollar/U.S. DollarFXCM

Description

My thought is AU long; however, I am running a very tight SL (small account & can't risk too much).
For now price is above the cloud, tenken is above kijun, kijun is running a little flat but since it lags a bit I'm giving it more time, and chikou is in open space, and future cloud looks a little flat but still to the upside.

Interest rates get decided today so this will either make me a ton of money, or knock me out of the trade super quick (especially if they go SL hunting).

All in all, I'm anticipating long.
Comments
CloudVaping
Update: rate decision was put on hold by aus govt; price rose for a 42pip gain from my entry. Trade was closed. Waiting for a good pull back to potentially long it again.
No further posts on this trade.
Cheers.
More