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No New Trades Today. FOMC Volatility Was As Expected

942AM

Hi All!

As mentioned last night, I hope you took out trades as recommended. FOMC volatility would have stopped out trades except for the USD/JPY which would have hit limit and is now trading at 118.15 as of this writing. Read more »

Close Out Singletrades For Small -16Pip Loss. FOMC Minutes May Cause Reversals Later

833PM

Hi All!

Trades fluctuated between +3Pips to -20Pips today. I had hoped for a bit more movement our way but as we are still in an environment of very little follow through (since last week) I recommend the prudent move and take out trades already as the US Fed FOMC minutes come out at 3AM Philippine time (GMT+8) and I believe the market may be in for a disappointment and reversals may occur for USD strength. Read more »