Hello everyone
I have shorted eurusd and added to my pos after the CPI data. I know the market is a bit in limbo and does not know what to do with the info because the report gave something for the bulls and bears but i think we are heading towards 1.05300 area. I have two trades that work here. This -> snipboard.io/t6NqLh.jpg and another one taken all the way from the top that was opened on 2nd of February all the way from 1.010 area. See screenshot here ->https://snipboard.io/4oamvg.jpg .If you follow me these are the types of trades that we are taking. I am aiming for high quality trades that provide enough R's. If we are trending in one direction i usually add to my main pos and then cut making smaller profits.
Stay safe and trade accordingly because these are very volatile markets with big swings on each side.
Have a great day!
I have shorted eurusd and added to my pos after the CPI data. I know the market is a bit in limbo and does not know what to do with the info because the report gave something for the bulls and bears but i think we are heading towards 1.05300 area. I have two trades that work here. This -> snipboard.io/t6NqLh.jpg and another one taken all the way from the top that was opened on 2nd of February all the way from 1.010 area. See screenshot here ->https://snipboard.io/4oamvg.jpg .If you follow me these are the types of trades that we are taking. I am aiming for high quality trades that provide enough R's. If we are trending in one direction i usually add to my main pos and then cut making smaller profits.
Stay safe and trade accordingly because these are very volatile markets with big swings on each side.
Have a great day!
Trade active:
Going to de risk a bit ahead of Retail numbers... Will add if all good or close most depending on data
Trade active:
Going to de-risk more here... waiting for FOMC minutes tomorrow.
Trade closed manually