The trend was most certainly the friend this morning with Gold, EURUSD & Cable continuing down.
I got caught out with a small loss on EURJPY, which looked like it was breaking up, but with the 60m 20ema below the 4hr 20ema I should have only been looking for shorting opportunities. That's what happens when you try and buck the trend.
Managed to play it down from 167.65 to .30 so recovered the losses and made a little profit. Also scopped a little bit on the GBPUSD short and the FTSE & Dax trades that the Lobster & I were dicussing with the group.
Flat now and looking forward to a well deserved rest.
Have a good weekend everybody.
Well done Little John & Bigboy for your 500+ pip week on the indices alone. The trend most certainly being your best buddy.
