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May 13

Position Update

Time: 12:18 - Tags: Position Update

EUR/USD short  around +90 Pips.

 USD/CAD long  around +50 Pips and at my first target..i am watching price action closely and could close the position at this juncture.StopLoss moved to breakeven.

 USD/CHF long around +50Pips. SL moved to BE. but still some room before reaching my first target.

 

@ 13:20 GMT  B52 Ben ,our FED Chairman is due to deliver a speech titled “Federal Reserve Liquidity Measures” at the Federal Reserve Bank of Atlanta Financial Markets Conference, via satellite;

 

and @ 13:30 GMT we get the Core Retail Sales m/m (officially expected at 0.2%) and Retail Sales m/m (officially expected at -0.2%) numbers  for the US of A.   

 

I will watch those news closely and maybe close half of my positions before to secure the profit and let the rest run , as I am assuming the impact of those news bullish for the USD. All this of course may be subject to change ;)

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