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FX.co ★ Taking profit on USD/JPY and GOLD.

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Forex Analysis:::2019-09-05T23:50:54

Taking profit on USD/JPY and GOLD.

Taking profit on USD/JPY and GOLD.

This is not a random number, because the method of "hunting for stops" involves work tied to the mistakes of bank traders. The average amount of stops which makes these 100p. And you can easily check it by looking at the open positions of banks online right now. Thus, we still have positions in crosses - which are also all in the "plus".

In addition, fix part of the profit from the position on gold left overnight + 430p, and hold the last part at the level of 1500:

Taking profit on USD/JPY and GOLD.

Tomorrow is an important day for currency traders. I have noticed many times that if you give out before non-game plus - you have to leave, because the news is extremely unpredictable. Therefore, I prefer to trade after news trends, and for this, you need to have patience. The best choice for traders to trade on the USD news (if you are not a stop hunter) is to sit them in crosses. And fortunately, our diversification tactics make this easy to do. We continue to hold positive positions on AUD/CHF or NZD/CHF according to the recommendations given earlier.

Good luck in the trading and see you at the next reviews!

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