TRADE UPDATE: FX Weekly Technical Analysis and Trade Setups based on August-21-2018 COT Reports

[Zack Zarr 5]

Update on the trade ideas based on the analysis of COT reports last week which were posted here and the trade ideas posted here

COT data will be released shorty at 12:30 EST so stay tuned for more updates.

AUDUSD

Long idea:  exited partial at +110 pips; exited partial at BE

Short idea: not triggered

EURUSD

Long idea:  Partial exit at +270 and +320 pips; partial running with BE SL

Short idea: Running with +78 and +130 pips

GBPUSD

Long idea:  Partial exit at +180 and +280 pips; partial running with BE SL

Short idea: Stopped out with +6 pips, others not triggered

Gold

Long idea:  Partial exit at +2388 pips; partial running with BE SL

Short idea: Running at +1273 pips

USDCHF

Long idea:  Stopped out at -47 pips

Short idea: Not triggered

 

For more information on this type of analysis check out the previous posts in the education section of the forum here, here, and there.

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If you want to discuss further and clarify things, please send me a message to [email protected]

 

Zack