Following up on the successful gamble on USDJPY after the FOMC announcement I had a successful position by shorting EURNOK ahead of the Norwegian interest rate decision today (up 25bp:s to 5.25 pct). BUT… and here is what annoys me at the moment… As I was at work today I had a profit taking limit
The Federal Open Market Committee / Federal Reserve decided as expected to reduced the key interest rate in the US by 25bp to 4.25.. In anticipation of this I shorted USDJPY right before the meeting and as shown by the chart below successfully so: FED 1: The Federal Open Market Committee decided today to lower
I had a nice pickup on the EURUSD right before closing of US equity markets. Grabbing 12 pips profit on a two hour short position. I must admit it was rather interesting at first, and my timing is obviously still off as I should’ve waited another half an hour before going into the position, but
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