kenobi said:this is only the third time in 20 years NFP falls on a Good Friday. the previous 2 times, it has been big surprises (no surpise there, since no liquidity).
my view is that there is nothing from here till NFP. Then a big move, that we cant obviously take, then flat.
catch you monday.
Hi night owls,
I'm short on GBPJPY from 233.93. Moved in based on the 15m charts.
Basically, my reasoning is no rate rises in UK and so falling GBP.
Trend down last couple of days.
MAs about to cross, BB narrowing. Parabolic SAR showing red dots.
Also price dropped below pivot points.
I might have jumped the gun but I'm expecting falls to 233.40 regions. SL 234.22 regions. Will move quickly out of it.
Not my usual cautious nature but I had a few pips I thought why not risk for something a little more.