Strategies turned on – 2022

We have started our strategies again. The markets are still a little thin so as a compromise we have not turned the bot on for all currency pairs. Originally we were going to just wait until next week but believe this helps reduce the risk of thin markets. Also the bots take some time to update to collect past trading data since we turned them off. Have a whole year to trade so just need to ease back into it.

The other issues is Omicron. It is impacting everything from hospitals, schools, nursing homes and businesses. Food shortages, worker shortages and lack of Government planning and support. It is hard to tell what impact this will have on markets.

Will keep monitoring and let our bots manage the trades and risk along with our team also monitoring.

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.