Forex portfolio: Go long EURUSD

21. Sept. 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. Sept. 2016

Anmerkung

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

23. Sept. 2016

Anmerkung

23. Sept. 2016

Trade wurde manuell geschlossen

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. Sept. 2016

Anmerkung

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