USDSGD - 1D Chart Market Close 5th May (Close Trade)
For my short USDSGD trade this will currently be the last post, as I have exited all my positions.
As mentioned earlier just before NFP,
I had closed out half the trades before NFP; and the other half I rode with NFP.
After the data was released my TP1 at 1.3475 was reached and my trades were closed out and I will be not chasing another short opportunity as the risk reward ratio won't make sense, overall speaking this trade averaged out on over 140 pips gain for me.
For those that want to know more as to why I entered the USGSGD trade , please see the below:
As mentioned earlier just before NFP,
I had closed out half the trades before NFP; and the other half I rode with NFP.
After the data was released my TP1 at 1.3475 was reached and my trades were closed out and I will be not chasing another short opportunity as the risk reward ratio won't make sense, overall speaking this trade averaged out on over 140 pips gain for me.
For those that want to know more as to why I entered the USGSGD trade , please see the below:
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.