: Wild day yesterday as the wind finally caught in our SwingPRO sails pulled us along for 140 pips. UJ especially took a major tumble, falling over 300 pips from our short entry at 98.77. We of course only count 60 pips as that was our stated TP.
Our EU short was not triggered on Thursday, as price stayed far away from our rising support and rallied hard to test the 1.33 levels - a near 200 pip rise.
Our Trade: Price action continuedto be very bullish in the short-term, with a series of higher highs and bullish continuation patterns amid room on the daily charts to keep heading north. The 60 pip wick the charts posted on the 16:00 UTC candle on Thursday knocked out the chance of us drawing a clean resistance line on Friday. We stayed flat heading into the weekend on all pairs, as there were no swing entries, but plenty of good trends for smaller timeframes and candlestick trading.
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Pips In The Wind
Yesterday’s EURUSD Signal Result
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