Weekly Thread: Oct. 05 - 10

Stop on USDCHF trade will be moved to breakeven if/once hour close will be at/below 1.3155. Canadian trade is still in red, hope it will pick up bit later.
 
Good Morning everyone!

No changes in current trades yet.
As for eurgbp: stop should be somewhere in 6960 - 6980 area, and target is in 7180 - 7220 area. Now if stop is at 6960 and target at 7180, its obvious maximum stop I can allow is 70 pips (which is a lot on this pair)...but lets say its 70 pips, so I can enter long only at/below 7030. Will wait today - it doesnt look that attractive at the moment, but still is a buy. Will watch it for now. Its friaday, so lets be careful with what we see - remember last friday! :eek:
 
Stop to breakevek on Canadian trade as well.

Open positions (both short):
usdcad@1.3330
usdchf@1.3201

stop on both @ entry level
targets as posted when opened

most probably those will be held over the weekend,

will look at the market later today, but its friday - and this time - short day (very sluggish and thin market in the end), so no use sitting around... most probably I finish work for today in couple hours - will see how US goes and that will probably be it. will post.
 
Ok, that is it for this week trading.
Will start posting tomorrow the summary and commentary on this week and the coming one to determone strategy for the coming week/near days. Trades will be held open.

Wish all to have a geat weekend,

Rezo Shmertz.
 
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