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FX Analysis

Nineteenth trade. 27 March - prices

Staying disciplined and sticking to our trading plan has led to a zero stress scenario as we undertake our 19th trading session with pips to spare. With this particular trading plan, we only need to win 1 out of every 3 trades to make a profit - showcasing the importance of proper risk management. Going into tonight’s trade, there may be increased volatility in the USD as the US Trade Balance report is released at 11:30pm Sydney/Melbourne time and it has the potential to move the market.

Benjamin Charbonneau, CFA

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