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Selling GBP before the NFP release

AdamFx42 Posted 5 Ago  in #Trader's blog #Nfp #Us Data #Short GBP
I am short all Gbp crosses before the NFP release
Gbp bounced back up a bit today - so I trying to sell the highs
Also, NFP is coming up, and Gbp being the weakest currency around - any good number should weaken Gbp
I am short Gbp crosses now,and will wait to see what the NFP release does
A good number for US should weaken Gbp,
and a disappointment could send Gbp up a bit more where I will be selling again
gl all
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USDJpy higher ahead of interest rate decision

AdamFx42 Posted 16 Mar  in #Trader's blog #Interest Rate Decision #Us Data #Long Usdjpy
I missed the opportunity to go long UsdJpy yesterday
The pair was down to the 112,7 level yesterday
and offered a good opportunity for longs before the interest rate decision today
The US said it would raise rates four times this year
and although traders do not believe it will be actually no more than two raises
they are uncertain and are positioning themselves long from lower levels - just in case
To trade the release itself is more difficult
but I will be keeping an eye on support and resista…
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