Tuesday 22 November 2016

A Few Positions Early in the Week

Our GBPUSD sell position is not looking very good at this point in time we have  a buy entry order with the posibility of piercing through the resistance zone. Buy Entry at 1.2515 and Stop Loss at 1. 2291.

We have a NZDUSD buy entry order at 0.7081 with a Stop Loss at 0.6974. 

 The Crude Oil buy Position on the other hand is looking very good, after the sell position was stopped out at 46.64 for a 187.6 pip loss. We can place an entry order for a second position in Oil at 48.54 and a Stop Loss at 46.07.

We also took a loss of 147.4 pips on our long position in USDCAD. 
Be mindful of the markets. Things are about to get very busy.
Happy trading!

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