The renewed tensions between US and China penalize CJ long trade as JPY is recovering as a safe-haven currency supported by a good PMI outcome too. The gap at the start of the week is still there to be closed.

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My fault, I did not delve into it well, I operated more based on a gut feeling (that sometimes is good) instead of real info, bottom line I closed my AJ long before rate announcement for a moderate profit and left about 50 pips on the table. ...

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Chances are high for a rate cut. It would uplift housing market that collapsed in the latest releases. AUD pairs are tempting because overstretched in many cases and at the same time dangerous for high ADRs and possible rates cut tonight.

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I'm in that too. Please consider that pound move took many by surprise, a sort of over reaction to local elections, but meaningful because related to Brexit that now it seems majority on Britons don't want any more. However, ...

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Hi Davit, was it GC ? I'm still holding in deep DD at least until 5% equity loss, then I'll decide what to do. Weird end of the week last Friday to say the least. Best regards, Bubincka

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Hi Cryptosurf, personally I don't believe this was the major driver of the GBP rocket move, it played a role for sure, but it isn't the fundamental reason. As said I believe more in a EOM rebalancing as copi88 wrote plus some SL hunting. Since all ...

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I think there must be something else behind this huge move out of nothing. I should say USD last fundamental data was mixed while GBP was flat to bad. Let's see on Monday if pound will be able to sustain such a shift against ...

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Hi mizi123, yes very bad, still don't know know what's behind.

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In this end Friday's race for GBP and in the absence of fundamentals I see big hands of BoE too following yesterday Carney's speech. The point is that it's affecting GC too.

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Hi Davit, when I read it, I was already in. Nevertheless, trade in itself wasn't bad had I been wise enough to be satisfied and exit before jobs report. It would have been a big profit now evaporated, greed sometimes pops up ...

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I always repeat this to myself and more often than not do the same mistake: leave a dollar trade open across NFP. My GU still in profit, maybe not for long if GBP will continues its imperial march. What deceived me this time ...

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AUD always struggles, apart from rate decision next week, today Building Approvals was bad. Therefore I prefer to close my EA short before it goes too much against me.

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Hi Swede, I'm on that too,still holding, partly by my will and partly because I had a work call quite in between of NFP release. I even decided to leave my GU open and apparently could have been a mistake, but job data was ...

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Hi daywalker654, thank you. I actually try to enter orders at a variable distance in pips both relative to the daily range and momentum, usually something between 2-5 pips. However still too many early entries. Best regards, ...

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How can anyone deny a fact that is historical truth for political reasons ? Even the ex-emperor of Japan apologized for war crimes. Anyway reading these things gives you the creeps, but it is good and right to spread them and make them known in the ...

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Things are in the making right now and start to develop. The big question for GU is whether to close it before NFP or hold, more in general I've seen that for GBP even in periods of low volatility direction can change quite ...

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Hi Davit, you can forgive them and let them go.

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I'm back from a long and wonderful holiday. It's amazing when you log off and relax the way you forget everything. Now in this condition of low focus, at least for me, past experiences tell me this is a very dangerous moment ...

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Hi victorezeaku, I'm already with one foot on vacation, the real one starts tomorrow, but I'd like to answer this post briefly hoping not to clutter Davit's thread. I still trade 00-level strategy much less and much better ...

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I closed my AC and AU, definitely another profitable month, even if finished early for Easter break.

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