Trading is as simple as ABCD

All BE's so far , maybe this is the one???

Took 13 pips out of eurusd but should I of held ??? As theres EUR strength across the board at an ideal time just after LO??

Well lets see with this EURJPY trade..

Lost 10 on EURJPY but then EURUSD gave me another 20 out of this ....

Can't win em all I guess..

EUR strength continues and CSM lining up nicely so EURAUD worth a try..

Break and retest of over night range and yesterdays close..

Thought that might work, just love those break and retest of overnight ranges, don't we Mr V.???

Took another 10 from EURAUD but that a do for now wait for GBP news to pass and see what happens after that...

Mind you those EUR pairs are looking bloody strong this morning...

Nope bit of discipline for once as GBP and EUR have a quite close relationship and effect each other so will have my morning cuppa and wait...up just over 50 pips so a nice little 5% growth there...

Maybe I'll call it a day and I'll join Coral for a morning game of golf...

hard to stay out of a buy on eur/usd . . . how long to wait after the news?

ok, it looks more ranging now anyways

Yep know exactly what you mean but just stay away...there be some lovely signals after the news , make yourself a cuppa...

hey clive, so gbp spike is primarily up. gbp/eur strength . . . does it usually resume in same direction?

Interestingly a positive effect on GBP from the news release so lets let it simmer down a bit then see if we can get ourselves a nice entry and not necessarily a buy by the way....

NOOOO!! Definately not, quite often the big boys will use the buying spree to feed their enormous orders and send it crashing the other way so just let it simmer down and wait for the market to react one way or the other...

Just be patient and wait for your entry..

thanks clive. yep. patience.

looks like a good bit of resistance around 1.9635 on gbp/aud . . . gonna break to the down side? i certainly have no idea!

The problem with a news spike is it can throw our TTindy out of sync with the market so misleading us into bad trades, better to just wait and see who comes to the top about 30 mins later when the spikes effects are wearing off and the markets sentiment is starting to be reflected again...

Add to that we shouldn't be in a mad rush to give back our 50 pips from the pre news trading...

have a look for something going with its 5 min trend....GBPNZD is looking interesting..

Very interesting in fact....

Then stay out Jason until you feel 100% confident that you know where a pair is going then and only then go for it...

IF IN DOUBT STAY OUT........

Looks like we have some NZD weakness across the board and GBPNZD top so a breakout of this 2.1150 level looks on the cards to me...

There you go but will it hold??? If not will go for the retest...

Just love break and retests on those strong trenders..