One early stop out and then a couple of winners in the European session to bring us back from the Holiday. See EURUSD and GBPUSD below, including the perfect Value Area move on the GBPUSD. Classic.
Here’s the US Dollar Index intraday with market directional lines:
New calls and Chat tonight.
EURUSD:
Triggered long early (half size) at A and stopped. Triggered long at B in the European session, hit first target at C, raised stop in the morning and stopped at D:
GBPUSD:
Look at this perfect Value Area play, bouncing above the VAH/R1 in the Asian session, then triggering short into the Value Area at A, hit the Value Area Low EXACTLY at B, and stopping the second half at C:
That’s definition of a Value Area move.
