a beginner's attempt at the pairs

Discussion in 'Forex' started by big mac, Nov 15, 2016.

  1. big mac

    big mac

    Long AUD @ 7328

    Stop @ 7286
     
    #391     Jan 5, 2017
  2. big mac

    big mac

    Long GBP @ 12341

    Stop @ 12308
     
    #392     Jan 5, 2017
  3. big mac

    big mac

    Long CAD @13233

    Stop @13179
     
    #393     Jan 5, 2017
  4. big mac

    big mac

    +79
     
    #394     Jan 5, 2017
    victorycountry likes this.
  5. big mac

    big mac

    +17
     
    #395     Jan 5, 2017
    victorycountry likes this.
  6. big mac

    big mac

    Long AUD @ 7332

    Stop @ 7290
     
    #396     Jan 5, 2017
  7. It's usually the case when there is uncertainty with the government. Fiat currencies are backed by confidence and at the moment, people are waiting for Trump to come in on inauguration (Jan 20).
    US dollar is likely to find its strength again after that.
     
    #397     Jan 5, 2017
  8. big mac

    big mac

    Long GBP @ 12407

    Stop @ 12371
     
    #398     Jan 5, 2017
    victorycountry likes this.
  9. Mr. Big Mac, just let you know. There is a high chance that it will start to reverse from Jan19. So better reduce your trading position if you still want to take long positions in EURUSD, GBPUSD and other USD pairs
     
    #399     Jan 5, 2017
    mlawson71 likes this.
  10. big mac

    big mac

    Thanks. I'll be out long before then, maybe even today. I don't but the fundies, I'm a technical trader. I avoid news. But, I'll keep your admonition in mind going forward.
     
    #400     Jan 5, 2017