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Strong or stubborn opinion – discretionary trades

by Gav Leave a Comment

I would say that these trades are discretionary. Maybe you can say I am bottom fishing, but I have no idea about where is the bottom. I am just being bullish about Aussie dollar at the moment.

I am currently long AUDUSD, USDSGD, USDJPY, AUDJPY. I opened these positions since starting of Asian session yesterday. We saw a wild swing throughout the day and all positions are in the money at the moment.

I am watching the market closely. And these trades should last for days if not weeks. In addition, I am having the advantage in term of interest payments for these long positions.

Let’s see how it goes. I am still trying to refine my trading strategy.

Filed Under: Trading Journal Tagged With: FX, Trading Journal

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My Name is Gav.
I am a Father, Husband, Trader, And Blogger. A serious coffee addict. I started training since 2005, mainly on FX and Futures.

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