I take your point about 25 points, however markets often make a high / low in the first hour or last hour of trading so i always favour some action end of day if we have been quiet.
Where did you short cable? Nice entry from 1H 16420 level.
Hey Chelski, sorry for late answer.
Although I try not to trade cable, we've had quite a relationship today. Stopped out of the short on FMOC news release, stopped out again trying to get an entry (actually, my mistake on setting a stop loss far too close once I thought the stop fishing was finished) but finally got an entry into the move @ 16423.
Exited @ pivot 16323 for +100. My GBPCHF trade turned +30 to the good also, just a shame I exited my GBPJPY (felt too exposed to sterling) which would have really been the better option than swissy.
Good day, wins covered my losses from getting stopped out so ended positive. Geofract raked it in today as well and think he is riding this one down still.
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