Disliked{quote} That thought was an actual short there, was a bit concerned it during the CAD news at the beginning of NY, after 6 years watching the market during news events I know that most of the decisions is happening during news events, to the good or bad about your trade at beginning of London session shorts, I get what you've done there, but I couldn't see any zone there, I guess it's pure PA that might create a supply zone - I've been burned so many times doing it so I prefer just sit on my hands and not do it unless it really close...Ignored
Yes, those engulfing trades can get you in trouble if trading them during chop. This one formed while watching EU and DX direction so could had a good feeling the initial bull move was a faker. GU loves to play dirty but it's a good scalping pair.
As for GU, we've been down here a few times and this area looks to have had a hammering, I think we might slide through this zone.