Intraday Forex Trading | Exciting Day of News – Sharp Plunge in the EUR/USD and GBP/USD

Weekly AMA on Instagram - Ask me anything about trading & investing, stock picks, market analysis, etc!

The USD/CHF range play I suggested yesterday has hit the TP, and that range is over 45 ticks wide. Note what happened after I posted the short signal in the forum, as indicated by the red circle.

I was short EUR/USD and GBP/USD since yesterday, as mentioned in my previous post. As there was a slew of economic data and talks today, these currencies were more volatile than usual.

Unfortunately, because of the long wait during the day, I took out my profits too early when the actual move started, and it was a pity because I could easily have made a few thousand dollars more if I have the patience to wait a little longer.

I will continue to refine my setups and improve on my trading psychology. Even though I have been trading for many years, there is always still room for improvement.

Our flagship mentoring program is suitable for both beginners and advanced traders, covering the 4 strategies which I used over the past 15 years to build up my 7-figure personal trading portfolio.

If you're looking for a reputable brokerage that covers all products (SG stocks, US stocks, global stocks, bonds, ETFs, REITs, forex, futures, crypto) and has one of the lowest commissions, this is what I currently use.

Spencer Li

Spencer is an avid globetrotter who achieved financial freedom in his 20s, while trading & teaching across 70+ countries. As a former professional trader in private equity and proprietary funds, he has over 15 years of market experience, and has been featured on more than 20 occasions in the media.