Long

Trade

By Alireza_Bahmani

Updated

This trade is already triggered.
2nd Tp is open for now.

Trade active

This trade will be in a 1:1 hedge for the weekend.

Note

As you may have noticed, President. Biden is to address the nation on Afghanistan today at 3:45pm ET; I don't think it would include anything to impact the USD, but for the safety reasons, I'll monitor the speech & MAY change this position's fate at the moment.

Trade active

The Speech is over, nothing important to change the market mood.

Note

U.S. Retail Sales ahead at 12:30pm UTC; I'll get out of this position if strong data comes out as last week's Michigan Consumer Sentiment report didn't work out for this trade.
If by any chance US data comes out weak, I'll fully free risk this position as Mr. Powell's speech is ahead at 5:3.pm UTC.

Note

Another solid example of "Long-term Fundamental beats Short-term Sentiment."
Seems we got a headshot on this.

Trade closed: stop reached

Alireza_Bahmani

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