Hi Traders! Weekly Trades Summary February 8th 2019 is here. First trading week of February is over. It is now time to recap and summarize the trade setups that we had during this week. Below you will find the short explanation of all the trade setups we had in this week.
Cotton – The price moed exactly as we expected, we are after sells now.
CHFJPY – The pullbacks that we were looking for happened. We have collected nice profits with this trade.
NZDCHF – In this setup the price moved higher, reached the critical zone and then it moved lower as we expected. We have collected nice profits so far.
Gold – The price moved exactly as per our plan and we have collected nice profits before the price moved higher.
AUDCHF – The move lower happened without the pullbacks that we were looking for, if you manage to catch it well done.
USDCAD – The move up happened without any deeper pullbacks, if you manage to catch it well done.
EURNZD – Currently it looks like the correction that we were looking for is happening in the form of a range. If the price breaks and holds above the top of this range, we may then start looking for buys with more bullish evidences.
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Have a nice weekend!
Yours to your success,