Last Week Trade Recap
Last week was another cracker week in the markets, with large volatility giving us an abundance of trades. The USD made some gains early on in the week that were later wiped out after Fed speeches at Jackson Hole.
USDCHF
We bought at range support early in the week, capitalising on the USD strength. This trade smashed out Take Profit, earning us a nice 50+ pips.
USD/CHF Signal - USD 2 Year Note Auction - 24 Aug 2021 by ToniSignals on TradingView.com
EURUSD
We took a EURUSD buy towards the end of the week, once the USD was showing signs of weakness. This trade rocketed in to profit and is still open, hovering around 40 pips profit as I write this.
EUR/USD Signal - USD Jackson Hole Symposium - 27 Aug 2021 by ToniSignals on TradingView.com
NZDJPY
The NZD was one of the stronger currencies last week, and the JPY was weak, so we paired the two against each other. Technically the pair was trending to the upside and we bought at the trendline / 50 moving average.
NZD/JPY Signal - JPY CFTC Net Positions - 27 Aug 2021 by ToniSignals on TradingView.com