Monday Morning Trades
Good morning pipsters.
Well what can I say, we are off to an early start today which for me is strange for a Monday. Following Fridays non farm the market held up on the GBPUSD. Noting this and looking for a correction I was keen for a short this morning. The one minute chart offered me my first opportunity and I shorted under the first bull bar in the bear trend for a few pips. I exited the first trade when i did not get momentum on my trade and then re-entered again for 7 pips one percent. After hitting this target I waited again for the next pull back and entered on a stop entry order under the pull back and picked up another 9 pips and just over 1 percent on the trade. Watching EURUSD 5 min chart now for a two leg move to the EMA to short EURUSD