Trade 12 is stopped out at 1.9823 for 146 pips. Didnt use stop and reverse since I dont really trust long positions at this point, its was just too close to the downtrend fib levels, although it looks as if it would have made positive pips. I did however set a sell stop below Sundays candle that gets picked up but using 2 previous highs back as a stop made the difference in this being a looser already, Using the high of Friday was too close for comfort so I used the high of the 23rd and it still came very close to being stopped out(17) pips from the stop, Ive moved my stop now to the high of Tuesday at 1.9920.
May have to modify the stop considering the announcment tomorrow afternoon from the Fed., Just have to wait till then and look over the price action from tonight and early US session to decide.
May have to modify the stop considering the announcment tomorrow afternoon from the Fed., Just have to wait till then and look over the price action from tonight and early US session to decide.