This is exactly why we use half size in August and less than that ahead of NFP, which is one of our big three data points each month. See 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:
Triggered short early at A and stopped. Triggered long on NFP at B and stopped:
