Community
Blog

Community Blog

Add post
Filtered by tags:  Rate Interest
Avatar

Trading strategy for the coming week

AdamFx42 Posted 24 Apr.  in #Trader's blog #NZD #Usdjpy #Decision #Fomc #Gbpjpy #Rate Interest
Two interesting data releases for me this week
I have climbed back to 155K, from being down to 29K, last week
and I am hoping to spend my money wisely this week
UsdJpy is climbing higher before the FOMC on Wednesday,
I have not decided to play this yet - GbpJpy seems to me the most interesting pair to trade
Also, on Wednesday, is the Nzd interest rate decision
If there are hints of another rate cut I will short Nzd pre-decision
gl all
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

ECB rate decision coming up

AdamFx42 Posted 21 Apr.  in #Trader's blog #Ecb #Draghi #Rate Interest
The ECB rate interest decision is up in about half an hour
Traders all around do not expect the same fireworks as last time
Mario Draghi will probably be (much) more dovish this time
This could mean a drop in EurUsd
I am selling on my live account just below 1.14 (if we get there)
There is a possible H$S forming on the daily chart
gl all
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

3 Comments
AdamFx42 avatar
AdamFx42 21 Apr.

wow - I was exactly right - bagged 120 pips in minutes :-)

OneGoodTrade avatar
OneGoodTrade 24 Apr.

You have found some good rules to trade interest rate decisions. NZD was a good one too a few weeks back :)

AdamFx42 avatar
AdamFx42 25 Apr.

Thank you, it is all about avoiding greed and taking small positions that could lead to great profit, but will yield low loss if data surprises _ I will only execute trades that fit these conditions

orto leave comments

Top bloggers

Blogger Posts / Likes

Top rated posts