With the heavy data and event risk over the next 2 days I expect liquidity to be very thin and ranges to be very tight. With the trades all in good profit I’ve decided to take the money and just be an observer until the FOMC and perhaps even the ECB decisions.
Closed AUDUSD short at 0.9084, +165 pips.
Closed GBPUSD short at 1.5277, +54 pips.
Closed USDJPY long at 98.12, +1 pip.
p.s. Edit 14.48 gmt:
I closed out a too early. I didn’t expect the dollar to strengthen more after the minor data at 14.00 hrs. I guess the attraction of large stops overcomes economic fundamentals, at least in the very short term. C’est la vie!