Last week saw a lot of heavy news with many interest rate announcements.
The most notable would be the interest rate decisions out of the US and UK.
The FED hikes rates with clear intention to continue raising rates into 2018.
The BOE holds rates steady for now.
If you would like to know where the opportunities are or how to take advantage of the implications of these news,
Still inside this range.
Likely to stay here for a period of time.
Good time to take profits and lighten up your portfolio if you haven’t already done so.
Majority of the position should be exited around $0.95 and above.
Those who are still in this with partial positions, be patient and follow system.
Watch the trailing stop level at $0.90 and get ready to exit with good profit.
Bidders have till end of June to submit their proposals.
Be patient and follow system.
We are within a stone’s throw from all time highs, just under $11.
Be patient and follow system.
Be patient and follow system
Students should recognize the recent type of price action is undesirable.
Price has broken the trailing stop loss already, so an exit at these levels would be good.
If you’re a firm believer in M1 then mark the low of recent low at $2.18, if price breaks lower than that, definitely exit the trade.
With our entries at %2.18 and the dividend of $0.59, we are definitely in profit for this counter no matter what.
In a previous post here, the 2.27 level was highlighted as a level of resistance, so partial profit taking at that level was good too.
Small profit but well managed trade!
Seems like price is finding some support around the $35 level.
Dividends scheduled late in the month as well, about $1.16
Be patient and follow system.
Profit should be taken near this $1.00 level.
Trailing stop is nearly triggered as well.
Be patient and follow system.
Waiting for next entry signal.
Not so nice that it retrace all the way back to here, but it could find some support around this $1.80-85 area.
If we find some support around this area then we can consider the next signal.
Right now we could be finding some reaction ahead of the 1.80-85 area.
If you would like to know how to manage positions without hesitation,
Good trading folks!
The post Market update 19th June: Fed hikes rates while BOE stands firm. appeared first on The Systematic Trader | Trading Courses | Collin Seow.
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