Updates on a few trades: GBP/USD - short stopped out with 313 pips profit.
AUD/USD - short:
US CPI pushed price back my direction momentarily allowing my to move my stop down to lock in approximately 200 pips on the aggregate. At this point (day isn't over yet), the buying force does not look significant enough to cause me to close but I have moved the stop in tight. I might get stopped out if price goes back up to test today's high, but have the level from last week to (hopefully) absorb any further buying...we'll see. At any rate this trade will end positive.
Gold - long:
Spread kept me out of my initial pending order but manual entry is working. Position is currently 300 pips to the plus side and stop is just over break even. Monthly and Weekly charts are showing growing buying delta and I believe I may hold this position to see if it will break to new highs.
AUD/USD - short:
US CPI pushed price back my direction momentarily allowing my to move my stop down to lock in approximately 200 pips on the aggregate. At this point (day isn't over yet), the buying force does not look significant enough to cause me to close but I have moved the stop in tight. I might get stopped out if price goes back up to test today's high, but have the level from last week to (hopefully) absorb any further buying...we'll see. At any rate this trade will end positive.
Gold - long:
Spread kept me out of my initial pending order but manual entry is working. Position is currently 300 pips to the plus side and stop is just over break even. Monthly and Weekly charts are showing growing buying delta and I believe I may hold this position to see if it will break to new highs.
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