DislikedTT and AMS,
After the formations of the daily pin bars on the majors on friday, i decided to close the GU position for +192 pips as market reopened for this week.
I still believe there are upsides to GU looking at the daily and weekly charts. I will re-enter long as soon as i see a signal to do so... particularly if market did no go lower than 1.5533 today.Ignored
Very well done on that trade
As expected, we did see a thrust up before the move down. The market remains mixed on GU at the moment. It seems we are on a possible reload on the 4hr for a further move up later (8 to 12 hrs from now) - but we are seeing weakness also. We may be forming a bearish thrust on the daily - so mixed.
Would stay out of any longer term position until things clear up a bit.
Regards