This is my trading preview for the week of April 1st. I will review my open trades, how I plan to exit them, and any active new orders.
OPEN TRADES AND EXIT POINTS
SHORT EUR/JPY 1 LOT +8,821 CURRENT PRICE: 163.303
Since we get updated pivots on Monday, I am looking to exit at the new MPP at 162.95. I am also putting an order to add 2 lots at 165.70.
SHORT GBP/CHF 3 LOTS -31,541
Since we get updated pivots on Monday, I am looking to exit at the new MPP at 1.1332. I am also putting an order to add 3 lots at 1.1504.
SHORT USD/CHF 1 LOT -8,801
Since we get updated pivots on Monday, I am looking to exit at the new MPP at 0.8938. I am also putting an order to add 2 lots at 0.9148.
SHORT EUR/CHF 3 LOTS -22,387
Since we get updated pivots on Monday, I am looking to exit at the new MPP at 0.9702. I am also putting an order to add 3 lots at 0.9849.
Since this is the start of a new month, I have no active new orders. I will update my pivots table on April 1 in order to see the new relative strength of the currencies and then will place new orders accordingly. Let's go!