Flat markets because of the Ukraine, what to trade?

GBPJPY which I fancied for a rally DID TRY but in the end it stopped out 2.3 pips loss thanks to the SignalTrader Trading System managing it.

All I have waiting at the moment is a SignalTrader Trading System robot trade shorting AUDCHF, that is an order with a small target, today I think it’s going to be small targets as the Ukraine uncertainty will keep us out of large moves, although we may see some movement on the EUR news @10am GMT and 12:30 USD CPI and CPIFE at 12:30.

10:00 EUR EUR German ZEW Survey (Current Situation) !!   52 50
10:00 EUR EUR German ZEW Survey (Economic Sentiment) !!   52 55.7
10:00 EUR EUR Euro-Zone ZEW Survey (Economic Sentiment) !!     68.5
12:30 USD USD Consumer Price Index (YoY) !!!   1.2% 1.6%
12:30 USD USD Consumer Price Index Ex Food & Energy (YoY) !!!   1.6% 1.6%

Ofcourse SignalTrader Trading System users have this news on their control panel system.

NZDJPY is looking like a reversal is due. The SignalTrader Trading System Robot has  AUDCHF short order  sitting @ 0.79000 target is only 0.78669 which is a mere 30 pips not a target I would even consider as I normally only go for 55 pips or more, however the Ukraine crisis causing a risk off attitude in the markets means we do have to stick to short targets. Ofcourse if the AUDCHF pair move up SignalTrader will move the entry up with it until it reverses properly.

Perhaps 12:30 will change things.

Paul Clevett
SignalTrader Trading System

Leave a Reply

%d bloggers like this: