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The Forex Report: 12.15.14

December 15, 2014

By | 5 Comments

Coach Matt conducts the weekly Forex Report for Tackle Trading. Matt analyzes the trades from last week and assess any new calls for this week.

USD/CHF: HOLD
AUD/USD: Ongoing Short w_ trailing stop
USD/CAD: Ongoing Long w_ trailing stop
GBP/USD: HOLD
EUR/USD: HOLD
USD/JPY: New Long w_ tight stop

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5 Replies to “The Forex Report: 12.15.14”

  1. Solon Stephanou says:

    Hey Matt. What’s your take on USD vs. the Russian Ruble? The Ruble is getting weaker vs. the USD plus it was announce that they were raising their interest rates to 17% from 10.5%. Looks promising for a carry trade and a double win.

  2. SCOTT WHEELER says:

    How many Pips is your trailing stop loss on the carry trades?

  3. Matt Justice says:

    The carry trade would be very bad for the USD/RUB pair. You get positive interest but get killed on the direction

    20 Pip trailing stop

  4. Matt Justice says:

    USD/JPY got stopped out at 50 pip loss. Looking at getting back in when setup is good

  5. Matt Justice says:

    Day trading JPY today was a little frustrating but caught the last break and up for week.

    Remember, the Forex Report is a swing trader report. Day trading is vastly different.

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