6 Minute Read

Forex Report: August 24 2015

August 24, 2015

By | No Comments

The Forex Report had another banner week with a 1400 pip gain last week, with the big one coming on the EUR/AUD pair. All in all, the commodity currencies are getting beat up pretty good while the rest of the majors are moving up against the USD.  Finally stopped out on the USD/JPY as the Yen is a safe have currency for the Asian markets. With the capital outflow from China from their surprise decision to devalue the Yuan, and the Asian stock markets getting butchered in the last week, the Yen has performed very well against the USD as well as other currencies. No new trades as everything is over-extended.  However, we do have 3 ongoing to discuss trailing stop losses.

The Forex Report is posted for everyone this week, if you like the Report, become a Pro member and get in the game one trade at a time.

EUR/USD: No Trade

EUR/AUD: Ongoing up 1000 pips last week

GBP/USD: No Trade

AUD/USD: Ongoing up 200 pips last week

USD/JPY: Stopped Out under 124

USD/CHF: No trade

USD/CAD: Ongoing up 200 Pips

Tackle Trading LLC (“Tackle Trading”) is providing this website and any related materials, including newsletters, blog posts, videos, social media postings and any other communications (collectively, the “Materials”) on an “as-is” basis.  This means that although Tackle Trading strives to make the information accurate, thorough and current, neither Tackle Trading nor the author(s) of the Materials or the moderators guarantee or warrant the Materials or accept liability for any damage, loss or expense arising from the use of the Materials, whether based in tort, contract, or otherwise.  Tackle Trading is providing the Materials for educational purposes only. We are not providing legal, accounting, or financial advisory services, and this is not a solicitation or recommendation to buy or sell any stocks, options, or other financial instruments or investments. Examples that address specific assets, stocks, options or other financial instrument transactions are for illustrative purposes only and are not intended to represent specific trades or transactions that we have conducted. In fact, for the purpose of illustration, we may use examples that are different from or contrary to transactions we have conducted or positions we hold. Furthermore, this website and any information or training herein are not intended as a solicitation for any future relationship, business or otherwise, between the users and the moderators. No express or implied warranties are being made with respect to these services and products.  By using the Materials, each user agrees to indemnify and hold Tackle Trading harmless from all losses, expenses and costs, including reasonable attorneys’ fees, arising out of or resulting from user’s use of the Materials.  In no event shall Tackle Trading or the author(s) or moderators be liable for any direct, special, consequential or incidental damages arising out of or related to the Materials. If this limitation on damages is not enforceable in some states, the total amount of Tackle Trading’s liability to the user or others shall not exceed the amount paid by the user for such Materials.

 

All investing and trading in the securities market involves a high degree of risk. Any decisions to place trades in the financial markets, including trading in stocks, options or other financial instruments, is a personal decision that should only be made after conducting thorough independent research, including a personal risk and financial assessment, and prior consultation with the user’s investment, legal, tax and accounting advisers, to determine whether such trading or investment is appropriate for that user.

Chart Modal

Tackle Trading

Book a FREE Consultation

Sign up for a free consultation to build your Educational Plan.