3 trades in quick order this morning
1. EURNZD long activatede over night (closes rule 2 see targets)
2. EURAUD opened closes for 110pips
3. GBPAUD opened
After the huge gaps that opened yesterday it was clear that a pullback of some kind would have to play out before any renewed advance,it was equally clear that the advances would continue. I set trigger lines on the EURNZD and EURAUD that would signify to me that the pullback had ended. When these lines were passed trades opened automatically. The GBPAUD was slightly different as we traded that heavily last week and have been waiting for that pullback to complete, a similar trigger line was in place but i placed the trade manually. All fre have significant targets which is a reflection of the extremly low price the marketis affording European currencies.
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