Forex portfolio: Go long EURUSD

21 wrz 2016

Simple, let's add this trade to our portfolio as well, risk 0.5% on it.

Target 1.14279
Stop: 1.11231

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Good luck!

Ivan Labrie.

22 wrz 2016

Uwaga

Add a 0.25% risk position with the same stop, at market.

23 wrz 2016

Uwaga

23 wrz 2016

Zlecenie zamknięto ręcznie

I'm not liking the retracement of post-FOMC action today, I suspect traders will close positions going into the debat and OPEC news so we can probably reenter next week. We will close all FX positions for now. It's better to avoid risk and take a small loss than continue to be exposed to this move. In the long run, it's highly probable that the trades pan out well, but short term distortions in price can cause larger loss than acceptable before the fundamental move pans out.

26 wrz 2016

Uwaga

EURUSD broke above resistance, we can look to rejoin the long side soon.