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Well, I'm now down just under 1% for the year, which is a bit disappointing. But of course, I just have to shake it off, learn from my mistakes and continue forward.
Here's a trade I just got stopped out of on GBP/AUD. The highlighted area shows the range I was monitoring; I then put an entry order to short near the top of the range, with my stop at 6705. Unfortunately, the resistance levels I observed on the chart below between my entry point at the top of the highlighted range and my stop at 6705 were also breached, and my stop was hit for a small loss. Right before price reversed and started heading back in the direction I originally anticipated.
As investors attempt to keep up with the daily shift in President Trump’s tariff policies, the February CPI report out of the United States on Wednesday will likely come as a...
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EUR/USD is trading near 1.0806 on Friday, maintaining its position despite failing to extend its gains further. Investors’ focus is on February’s upcoming US employment data,...
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