Open trading account 
Two new trade in today's European session. Despite the big decline on USD/JPY, we expected the pair has further to go so we entered a new SHORT trade with profit target relatively small compared to the potential move, but prefer at this point to minimize risk.
After the better-than-expected Retail Sales GBP/USD shot up. Despite a lot of selling at the highs we believe the pair is in an uptrend, so we entered a LONG trade after the news. A bit riky but that's why we are keeping profit target relatively small.
Finallly, we have a SHORT trade order in the EUR/GBP, which also suffered a big decline after its phenomenal upward movement, which rivals the climb of the EUR/USD pair. Also looking at a short oppurtinity in the EUR/USD, which continued up late in the US session yesterday and reached 1.1170. But will be very careful based on recent price action.
After the better-than-expected Retail Sales GBP/USD shot up. Despite a lot of selling at the highs we believe the pair is in an uptrend, so we entered a LONG trade after the news. A bit riky but that's why we are keeping profit target relatively small.
Finallly, we have a SHORT trade order in the EUR/GBP, which also suffered a big decline after its phenomenal upward movement, which rivals the climb of the EUR/USD pair. Also looking at a short oppurtinity in the EUR/USD, which continued up late in the US session yesterday and reached 1.1170. But will be very careful based on recent price action.
