Johanes

EURHKD MED TERM TARGET ZONE 15 % + 1 %

Short
Johanes Updated   
OANDA:EURHKD   EUR/HKD
ECB AND HONG KONG MONETARY AUTHORITY (HKMA) MANAGE THE WIDTH OF EURHKD MED TERM TARGET ZONE FOR 15 % + 1 % BY REACHING 9.37/9.40 THE UPPER BAND.

SHORT EURHKD AT 9.37/9.40
STOP LOSS 11.50
TARGET 8.70
RISK TYPE: LOWER RISK (STOP LOSS ABOVE UPPER MED TERM BAND)

NOTICE

FX TRADING CARRY THE HIGHEST RISK OF INVESTMENT. BOTH TRADERS AND COUNTER PARTIES TO TRADE HAVE DIFFERENT VESTED OF INTERESTS ON THE EXECUTED TRADING POSITIONS. FOR ALL TRADING POSITIONS, WHILST TRADERS LOOK FOR PROFIT FROM THE EXECUTED BUYING OR SELLING (IF WINNING) VERSUS THE COUNTER PARTIES TO TRADE LOOK FOR PRIME SOURCE FOR PROFIT FROM THE “EXECUTED STOP LOSSES” (IF WINNING), A “ZERO SUM GAME”, THE WINNER OR THE LOOSER. NO DOLLARS FOR FREE.

UNDERSTANDING THE COUNTER PARTIES TO TRADE IS ESSENTIAL. THE COUNTER PARTIES TO TRADE ALSO CALLED LIQUIDITY PROVIDERS AND THEY ARE FX PRIME BROKERS OR DEALERS AND WORLD’S LARGEST AND MOST PROFESSIONAL FX MANAGERS (CARRY TRADERS AND MOMENTUM TRADERS). THEY ARE WORLD’S LARGEST BANKS, INVESTMENT BANKS, SECURITY DEALERS AND UNDERWRITERS, CUSTODIAN BANKS, AS WELL AS FX FORECASTERS. THEY ARE SHAREHOLDERS AND SETTLEMENT MEMBERS OF THE CLS BANK, THE SETTLEMENT BANK FOR USD, JPY, EUR, CHF, GBP, CAD, AUD, NZD, KRW, HKD, SGD, ILS, NOK, SEK, DKK, HUF, MXN AND ZAR.
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