This week started lower than I had expected with E/U gapping down in the region of 70+ pips and G/U with a massive 200+ pip gap down! As a result I have not entered positions based on standard rules – instead I waited for the gap to close and then enter with the following positions:
Sell EUR/USD @ 1.2950 (Stopped out -100)
Sell GBP/USD @ 1.3750 (Stopped out -100)
Both positions coincide with downward trendlines so I am happy with entering at these levels. Update: Oops!
Sell EUR/USD @ 1.2950 (Stopped out -100)
Sell GBP/USD @ 1.3750 (Stopped out -100)
Both positions coincide with downward trendlines so I am happy with entering at these levels. Update: Oops!