Starting to Turn Off Strategies

For those strategies with no open trades they have been turned off. Whilst there is still some larger news events to occur, we prefer to be out of the market.

For those strategies with trades still open, we will wait to hopefully close the trade before the Christmas shut down. No further currency pairs will open trades on the strategy. If not, will either look to close as a loss or hold over the Christmas period.

On another note – how do you bring heat out of an Australian housing market without actually doing anything. Have the RBA make a side comment that there is a very minor chance of an interest rate rise next year knowing the media will report it as – interest rates going up next year.

Any queries, please do not hesitate to reach out.

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Disclaimer: While all reasonable care has been taken in the preparation of this information, Brindabella Capital take no responsibility for any actions taken based on information contained herein or for any errors or omissions. Interested parties should seek independent advice prior to acting on any information presented.

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Trading on forex markets carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading on forex markets may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.