A very interesting lesson for some in the session. We had trades trigger in GBPUSD and EURUSD. See both sections below.
Here’s the US Dollar Index intraday with market directional lines:
New calls and Chat tonight as we head into options expiration and a 3-day weekend.
EURUSD:
Triggered short very early (half size) at A and stopped. Triggered short again at B, hit first target at C, currently holding second half with a stop over 1.3100:
GBPUSD:
This trade shows you a little about how our Advanced Forex course can help you make adjustments on the fly. Triggered long at A. First target was VAH, which was right at the top of the screen at 1.5741 (you can’t quite see the line). We came within 5 pips, so if you stagger your orders correctly as we teach in the main course, you could have gotten a piece off. However, we got a Seeker 13 sell signal (the red 13 on the chart) right up there too, which I pointed out in the Messenger, which should make you take a piece off if your price hadn’t hit. Second half stopped: