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Gbp has put in a strong case for the bulls gaining more than 200 pips in a day on Gbp/Nzd
I chose Gbp/Aud, and had a position - long - waiting on Gbp/Nzd,
I was thinking about trading it first, because of the stronger moves and gains,
but considered it a little to volitile - especially at the beginning of the tournament,
so I chose to go long Gbp/Aud first and put in a buy limit in Gbp/Nzd higher up -
the position did open and gained almost 200 pips, but because Gbp/AUd did not move,
I only had 0.3 milj equity left, and made only a very small profot - my bad, I guess :-)
Anyway - my strategy for this month seems to have stepped out of bed on the right foot,
and I will be looking to go long on other Gbp pairs/crosses as soon as Gbp/Aud takes off,
technically the pair looks nice on the 4hr chart, with a bullish divergence on the 4hr Stochastic
and a nice sideways move as if it has hit a low - and will be going up
I chose Gbp/Aud, and had a position - long - waiting on Gbp/Nzd,
I was thinking about trading it first, because of the stronger moves and gains,
but considered it a little to volitile - especially at the beginning of the tournament,
so I chose to go long Gbp/Aud first and put in a buy limit in Gbp/Nzd higher up -
the position did open and gained almost 200 pips, but because Gbp/AUd did not move,
I only had 0.3 milj equity left, and made only a very small profot - my bad, I guess :-)
Anyway - my strategy for this month seems to have stepped out of bed on the right foot,
and I will be looking to go long on other Gbp pairs/crosses as soon as Gbp/Aud takes off,
technically the pair looks nice on the 4hr chart, with a bullish divergence on the 4hr Stochastic
and a nice sideways move as if it has hit a low - and will be going up
