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The last day of the trading week, and what an entertaining week it has been. The Brexit circus tent is still the place to view a fine show ……….. Clowns, balancing acts, MP’s being shot out of cannons, and custard pies aplenty .
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Yeah, Friday!
What a week. Brexit/UK Headlines galore and more to come today no doubt.
Updates:
USDCNH shorts rolling on
USDJPY shorts – Still holding the break and playing against the former support around 60 is paying off. I’ll still look to off load in moves down towards 113.00/10
GBPUSD shorts taken in the trading room yesterday, again against broken support turned resistance around 1.2830/35. Picking the levels that offer places of entry is far better than just trying to chase a move because you think you’re going to miss out. This is something we try and teach and impress on in the trading room.
I’ve got a mind to close it up if/when we get further details on the no-conf vote but I’ll need to see the details of that first before deciding.
Hope you have a great day and stay safe.
A Friday hoy hoy
Hope you have managed to scrape a few this week. Shorts in Down Jones still in place along with half a size gold long possie from 1205.2
NZDCAD shorts – 2 positions ave 0.8997 — AUDCHF has given me a few scares as it refuses to go down. Holding short from 0.7319.. A few GBPUSD shorts in place ( with a little already in the bank ) from 1.2985 and 1.2832. I see resistance in the 1.2840 area for new short positions.
Opened a long EURNZD today at 1.6642. Taken some off at 70 and seeking to add back. That’s about it so far . Plenty of life left in this market, so take care, especially with her Maj’s Pound .
Have a super day and a great weekend for those finishing early ?