SELECTED TOP TRADES 2019

EURUSD

Trade Date Underlying Direction Entry Stop/Loss Take Profit Exit Date  Status ROI% Reason/Update
24 Jan 2019 EURUSD Short 1.1383 1.1584         New Trade: Based on weekly and daily charts as well as fundamental belief that things are starting to worsen for Europe to such an extent that ECB will not only need to postpone any thoughts of exit but may also consider additional measures at some point in time. USD is beginning to trade more constructively too.
          1.1163 20 May 2019  50% Closed  +1.95% Trade Update : Took partial profits at 1.1163 as momentum to the downside seems to be waning, and keeping the balance of position. Looking to resell on a bounce higher.
              50% Open +2.84% As of 29 Aug 2019

EURCAD

Trade Date Underlying Direction Entry Stop/Loss Take Profit Exit Date  Status ROI% Reason/Update
25 Jun 2019 EURCAD Short 1.4997 1.5094         New Trade: ECB is extremely dovish and BoC is a lot less dovish than the other major central banks. With oil recovering strongly off the lows, and US engaged in trade wars on many fronts, Canadian economy is likely to remain strong.
          1.4763 3 Jul 2019 100% Closed  +4.71% Trade Update: Target at 1.4763 reached. Took profits and wait for rallies to re-sell

USDTRY

Trade Date Underlying Direction Entry Stop/Loss Take Profit Exit Date  Status ROI% Reason/Update
20 May 2019 USDTRY Short 6.05011 6.255400 5.15440 26 Aug 2019 100% Closed +9.25% New Trade: Sell USD/TRY at 6.05 with S/L at 6.2554, and target at 5.1544. Repeated reversal candles on the dailies and also a reversal candle on the weekly 3 weeks ago. Stop is at new recent high. With sentiment for EM fragile and worsening situation in the trade war, the inability of the market to take it to new highs could be a sign that market is well short of TRY, and without horribly bad news going forward, the high carry will start to eat away at the TRY shorts.

Trade Update: Risk aversion caused by Trump’s angry hikes of tariffs on China, also led to a spike in USDTRY. Still believe that long term, USDTRY will continue to trend lower. Move to the sidelines to wait for an opportunity to re-sell
24 May 2019 USDTRY Short 6.08653 6.255400 5.83800 31 May 2019 100% Closed +4.63%