I have shorted eurusd and added to my pos after the CPI data. I know the market is a bit in limbo and does not know what to do with the info because the report gave something for the bulls and bears but i think we are heading towards 1.05300 area. I have two trades that work here. This -> snipboard.io/t6NqLh.jpg and another one taken all the way from the top that was opened on 2nd of February all the way from 1.010 area. See screenshot here ->snipboard.io/4oamvg.jpg .If you follow me these are the types of trades that we are taking. I am aiming for high quality trades that provide enough R's. If we are trending in one direction i usually add to my main pos and then cut making smaller profits.
Stay safe and trade accordingly because these are very volatile markets with big swings on each side.
Have a great day!
Trade active
Going to de risk a bit ahead of Retail numbers... Will add if all good or close most depending on data
Trade active
Going to de-risk more here... waiting for FOMC minutes tomorrow.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.