TRADE UPDATE: FX Weekly Technical Analysis and Trade Setups based on August-28-2018 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

AUDUSD

Long idea:  exited long at BE; Stopped (2nd long) at -47 pips

Short idea: not triggered

 

EURUSD

Long idea:  Partial exit at + 94 pips; 3 partial longs running with BE SL

Short idea: Partial exit at +176 and +118 pips; partial running with BE SL

 

GBPUSD

Long idea: Long partially running with + 176 pips; Long with + 130 pips running; Long stopped at -45 pips

Short idea: Stopped out -35 pips

 

Gold

Long idea:  Partial running at +1152 pips; long running +663 with BE SL

Short idea: Partial exit at +2150 pips; Partial running at +1545 pips with SL BE

 

USDCHF

Long idea:  Not triggered

Short idea: partial exit at +89 pips; partial running at +45 pips with BE SL

 

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