Another boring session in Forex (most of the markets have slowed down the last two weeks). This was a session where our order staggered helped turned a loser into a flat trade. See GBPUSD section below.
Here’s a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
If you staggered orders under our order staggering rules, part of the long trade triggered at A and stopped, then the rest triggered at B, hit first target at C, closed anything left at D in the morning. The short triggered at E and stopped:
