USD: Up and down we go. Stop complaining at the back. At least things are moving.
Tariff grandstanding and a Powell let down causing some pain but for how long? Eurusd look for sellers at 1.2350 on first test. We need to stay above 1.2250 which is close risk for bulls
Usdjpy might be yours to sell so pick your reason. jpy buying on repat. Tiny tapering last time from BOJ Good news could not lift this pair last week – need I go on ?
Cable i wouldn’t touch it with a buying barge pole unless we hit 1.3650 area That’s it and don’t forget it’s Friday. You know the drill so don’t come crying to me if you get done like a kipper.
Here’s pic of my favourite place. A friend of mine teaches Maths there. Can you guess where it is? The first correct answer wins a lesson in statistical arbitrage. Only joking.
Swapped the TV screens for the trading screens.
Philosophy: "Define your risk, only then can you ignore it"
Read how Patrick got into trading here
Philosophy: "Define your risk, only then can you ignore it"
Read how Patrick got into trading here
Latest posts by Patrick Reid (see all)
- How to trade: A LEVEL - August 4, 2018
- USD mixed – a bit like me - June 5, 2018
- What is the market focused on ? Over to you trader. - May 29, 2018
King’s College cambridge 😉
Quite correct Stefan !
Yes – I try my best to separate how “good” Trump is from trading. For me everything started at the victory speech when USDJPY was 101 so as a trader i can’t complain too much.
Stay lucky