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We Hit Our PT of .6280 Last Night On AudChf

AudChf made it to our target price during the London Session. It had a good head of steam and went up steadily for the most part. It had a pull back after our initial surge but this was after our target was hit. So this was my first trade since taking a break because of the volatility due to the Coronavirus. All in all it looks like the current environment can be traded if you have a sound strategy and are trading with the big money. We will see if this holds up. Keep in mind that the Tokyo session is known for being a less volatile time to trade.

Getting back to what I was discussing last night during the Tokyo Session. It looks like the ChfJpy is on deck to be the play during the news. We will see. Looking at the charts on ChfJpy it definitely has some volatile periods. This could be during London session it appears.


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