Welcome back Traders to another live session. Last night #GBPCAD brought in an additional +100 pips of profit. We finally have #EURUSD on it’s way to 1.10700.
Yesterday, we took #GBPUSD longs, but because of the price action I decided to exit the trade and cut our loses short. We cut our loses short at -7 pips. Thankfully so, as GBPUSD fell over 60 pips afterwards.
We took a look at our current active trades, most notably #AUDCHF & #CADCHF. Both similar setups, where CADCHF has hit our first take profit. We have taken some profits off the table and are awaiting a further move down.
We are in some drawdown for #EURJPY, but if price respects the overall price structure like it should, we should see a further move down.
We are up around 240 pips for the week, so we will not force the issue with any trade setups. I will see you all tomorrow at 11:00 AM EST. Happy Trading!