How’s everyone doing today? I hope everyone is doing well. I hope everyone had a great weekend. We hope for the best in this new week.
News for trading
Today, we have low and medium-impact news. The market will be calm and have a smooth running today. Feel free to take positions. Make use of money and risk management while trading today. Take a look at the picture below.
Update of closed trade
Last week Friday, I sold the USDCAD pair on a short-term move and it played out well. It went towards my TP and I got a profit of about $11 from this trade. I also bought XAUUSD. I got about $236 from this trade. This total profit covers the loss on my account and made me a huge profit. My withdrawal status is pending and I hope they process it soon. Take a look at the pictures below.
Update of running trade
I bought the USDCHF pair. I entered this trade with a 0.6 lot size. I am expecting a good bullish move from this pair. The bullish trend for this pair is very strong. Buying this pair is valid as long as the price stays above the 0.9170 price level. The first target is at 0.9230. Exceeding this level will boost the bullish momentum. This will allow me to aim for the 0.9252 resistance level as my next target. Above that level, one can aim for the 0.9268 resistance level. Watch out for excess bullish moves. Trading against the trend is risky. Take a look at the picture and chart below.
That is all for now. Leave me your thoughts and contributions in the comments section below. Have a good day and stay safe.