Updates on current trades

 

USD/CAD – Confluence trading is one of the most reliable and high rewarding type of trading and most of the veterans only do confluence trading.

Aussie/Dollar – Great day.

Euro/Aussie – Again a great day. 1.5500 is a great resistance area and an ideal place to get off the train.

Let the Euro/ Yen run

Pound/Yen – Not yet over!

Trading the charts

Pound/Yen – Entry at 164 and half off the table at 168.

Euro /Yen – Entry at 136.22 and half covered at 139.

Eur/Pound – Taking its own time . Entry at 8370. It was a high probability considering the price action on multiple time frames. Up more than 100 pips so far.