Not a very exciting session but the ranges were a bit bigger so we had two winners, one of which we are still holding the second half. See EURUSD and GBPUSD sections below.
Here’s a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
The Value Area plays, as we teach in our courses are valid on both major sessions for each pair, so on the EURUSD, that means the European session and the US session. After heading down early, in the US session, the EURUSD set the VAL at A, so we called the long into it, triggered at B, hit our first target at C, and barely stopped us out of the second half under the entry at D:
GBPUSD:
Triggered short at A, hit first target at B, also gave you a chance overnight for the same on a retest from C to first target at D. Either way, still holding the second half with a stop over the LPT at E, which we will adjust tonight:
