It is Monday again, thin data, as usual, additionally, almost all Major countries in Asia are on Bank Holiday, so it is maybe a good idea to skip this Asia session entirely.
that being said, we trade it anyway, small moves, no experiments .. 2 setups and done.
D1 Sell GBPUSD (this can be used as a hedge for the active GBPUSD Buy Signal)
Sell Stop 1.38809
Sell Limit 1.39585 (place this after initial Stop order has been filled)
Set the Stop to the entry of yours or in a little bit plus once the orders of the New GBPUSD Signal has been picked up!
Thursday, as promised the US Session Special day, to keep up the routine. this will be a short one as i rarly make some Money during US Session (its just not my thing)
the Session went very well USDollar and indices turned around just before New York opening, so I made a few scalp-trades upwards.Full Article
there where some quite substantial moves over the whole spectrum, as a result of the USDollar movements, so we wither continue that move just as fast, but more likely there will be a consolidation phase now.
the prediction was true, we went into a massive consolidation phase, waited full 7 hours to get the hedge on USDSGD resolved.