Welcome to another live session. In today’s live session we went over the current events in the Brexit fiasco, how our trades from yesterday played out and which trade setups we are looking to enter next.
The last 24 hours have been quite intense for Boris Johnson as he battles the House of Commons to get another vote for Brexit. If he doesn’t get another vote, he will push for an election. The frustrated PM wants the U.K. to leave the European Union for October 31st. He hopes to have an approved deal by parliament this Thursday Evening.
Yesterday we had our EURNZD trade hit our final take profit at 1.73700 bringing a total profit of 150 pips. We are still holding a handful of trades, such as GBPUSD, AUDJPY and EURJPY just to name a few.
We are looking to enter trade setups for NZDCAD, EURCAD and USDCAD as discussed on our live session. We have our take profit and stop loss levels specified, and now all we are waiting for is the best entry.
Do take note that there may be a vote regarding Brexit later today at 2:00 PM EST, so as a precautionary measure we have put all of our trades at breakeven. If you can, please try to avoid trading any Brexit related news. I will see you all tomorrow again for another live session. Take care and happy trading!
Watch The Live Trading Sessions Here: Forex Trading Room (Portal)
Check out Yesterday’s Live Session Recap: October 21th, 2019
