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Trading strategy for the coming week

AdamFx42 24 4月的订阅  在 #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
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ECB rate decision coming up

AdamFx42 21 4月的订阅  在 #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
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3 意见
AdamFx42 avatar
AdamFx42 21 4月

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

OneGoodTrade avatar
OneGoodTrade 24 4月

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 4月

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

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