Yep, it’s all hindsight, next week is what counts as always.
The OP is asking about FA, I’ve suggested that the CB’s often hold central stage, incoming week allows them that stage, Christmas or no Christmas.
Hmmm, If I were a bot what would I do with 1.17, buy =T, ELSE buy =T.
What would I do with 1.18, take profit? nope, IF 1.18 THEN sell .(fraction)
IF price <1785 .and. price > 1759 THEN buy.
1.19 - pause, check Date() IF Fri=T, then exit=T
What about the other way?
Then I’ve got it wrong, stop hit and I live to trade another week
As we know it’s not how the bots are programmed, the above are levels or price from the old days, now it’s AI, bots learn from what happened last time.
This week past, Eur/Gbp, on Monday morning the deal was in the bag and GBP was bought by news bots (despite my heads up on Sat) then when it unraveled they sold it,
Thursday evening the deal was in the bag yet again - this time they bought GBP prior to the news and then sold it on confirmation - so learner FA guys were saying wtf, the news was positive GBP and they sold it?
Perhaps we can learn from robots, a robot lawnmower will travel around a garden for it’s first time, it gets stuck in a particular area, the owner has to retrieve it.
It uses GPS to remember the incident, next time it approaches that area from a different angle, and so on until it masters how best to approach that garden area, then it’s approach to that area becomes predictable