well as the rightmove house for gbp came out today and pointed out what was expected that the real estate market is down. Thus giving evidence to support the short signal on the 4hr chart. Since sometimes I cannot trade the london open due to the fact that I work in the morning am (est. time) I entered the trade at the price of 225.72 at 11:39....
As of yesterday (sunday the 18th) I had a long position open that was a continuation of the trend from last week ending friday, for a moment I was up 30 pips and as of the london open I was stopped out for a loss of 40 pips....My mistake was not waiting to the economic news came out!!!...oh well you live and learn....
|