29 April, Wednesday

21:00 (Riga time), The United States

Fed Interest Rate Decision, FOMC Statement

18.03.15: 365 pips on the EUR/USD pair, $3650, and 451 pips on the GBP/USD pair, $4510.

Blueprint for Action. Two minutes prior we place pending orders BUY/STOP and Sell/STOP:
the EUR/USD pair, with a differential of 35 pips, the S/L should be placed on the opposite order, the T/P – from 45 pips and above;
the GBP/USD pair, with a differential of 35 pips, the S/L should be placed on the opposite order, the T/P – from 45 pips and above.

When trading with distant goals, after reaching the minimum profit, we move the S/L to the opening prices and wait: if the movement stops and there is no potential for further movement, then we close the trade as it is.

EURUSDM15-18.03.15

GBPUSDM15-18.03.15

Comments are closed.