The Asian and European session was quite mixed as our trading signals balanced the take profits with stop losses. But now, I'm really excited to trade in the U.S. session as we have several high-impact news on the docket – especially since the U.S. will be releasing the Core Durable Goods Orders (12:30 GMT), Pending Home Sale (14:00 GMT) and Crude Oil Inventories (14:30 GMT).  

Quick Trade Setups

EURUSD – The EURUSD has traded bearish very nicely and now it's very close to the major trading level of $1.1695. I'm placing my buy limit at $1.1695 with a stop loss at $1.1645 and take profit at $1.1780 and $1.1825.

GOLD // XAUUSD – Our forex trading signal on Gold hit TP at $1,293, helping us pocket quick 35 pips. At the very next moment, Gold reversed to continue selling. I'm planning to take another buy position above $1,282 with a stop loss below $1,277 and a take profit at $1,288, $1,295 and $1,302.

AUDCAD – Since we have started working on cross currency pairs, let me share a potential trade idea on AUDCAD. I have placed a buy limit in AUDUSD at $0.9695 with a stop below $0.9665 and take profit at $0.9760.

Good luck traders, and keep following the FX Leaders Risk Management Strategies to maximize the potential of profitability.