284 | +2.372% | 2 Setups
It’s Friday (again), let’s see where this session will bring us today, there were quite a number of news events while Sidney was open, causing some interesting short-term moves.
Selling Singaporean Dollars for a short range and Buy GOLD twice, where the second buy turned out not to be a long lasting trade as we found later some significant Resistance in the prices. all in all a good day, all trades went to the targets.
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- Currency Data:
- Positive: JPY, NZD, CHF
- Negative: USD, GBP, AUD
- Neutral: EUR, CAD
- Pair(s) to Watch: GBPAUDÂ (Buy), AUDUSD (Sell)
- Asia Session Events: European Council meeting
09:29 Buy Gold [1340.22, likely to exit at R2]
09:38 Sell USDSGD [1.31357]
10:44 Abandoning the USDSGD trade with a 0.366% gain, (i’m pretty sure it will go back down .. but the Nikkei may bounce up as we are right now on a significant Support level) so let’s just take the money at this point and not force it to the TP.
10:45 Closing GOLD Early as well as selling Volume gaining. target still can be very easy reached, but ill not risking it as we where just a few cents before it.
10:53 re-buying GOLDÂ to R2
12:20 just discovered a quite substantial Resistance level on GOLD, will exit the GOLD Buy in a moment without waiting for the Target
12:52 will allow some larger drawdown on GOLD, to put on some more size near the vWap.
12:33 Closing All Gold Trades with asmall gain. as the risk the price will drop sharply is quite large.
Total Today: +2.372%
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