The second half of the prior day’s trade stopped in the money, and then we had two new trades trigger. One worked and one didn’t. See the GBPUSD section below.
Here’s a look at the US Dollar Index intraday with our market directional lines:
As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts of all the pairs with the Seeker and Comber separately for the week ahead, and then glance at the US Dollar Index.
GBPUSD:
We came in long the second half of the prior day’s trade with a stop under LBreak. The new long idea triggered at A (when this happens, you should raise stop on the piece from the prior session if you are awake) and stopped out. If you didn’t adjust then the second half of the prior trade stopped at B. The new short triggered at C, hit first target at D, actually went all the way to S2, and closed for end of week at E:
