The uk economy continues to be strong with the brexit proceedings moving along. I see this region as a good zone to buy.
הערה:
No entry as yet. Waiting for the candles to suggest a reversal or close above 1.2520. Asian session will be interesting.
הערה:
long triggered at 1.2519. looking for TP1 1.2576 and TP2 1.2697
הערה:
slew of upbeat and outperforming manufacturing data supports the case the UK is still doing well. This adds to case of gbp being well supported with room for further strength. Waiting to see how it will progress from here.
הערה:
taken out. Bears are in control
הערה:
Should have put stoploss to 0.786. Learn from this. Monitoring for possible entry if 1.245 bounces
הערה:
sitting on your hands is a hard thing to do. But patience is a necessary skill for a trader. Stlll waiting for good candle close above 1.2485 to consider a long.
הערה:
entered long @1.2489
הערה:
we are back in business. a candle close above 12540 will be a good sign.
הערה:
exited position, long invalidated as fail to close above 1.2540