slow paced moves during the UK morning session not providing a great deal of profits so far, in most cases now by time prices reach trigger levels to take action ATR will be done for the day so realistically I’m only looking for triggers to be hit then look for a Fib set up to recapture some profit potential for the day.
On those pairs that I have had a few small trades on I’m into the realms of the majority of ATR being done so again for new trades need to see price retrace by at least 50% before committing to a new trade.
Pairs I’m looking at are the same as this morning EURUSD AUDUSD GBPCHF AUDJPY and if some of the triggers to take action are hit then most interesting pairs for me will be GBPJPY GBPUSD.
All in all looking pretty quiet for the things I like to see before placing a trade.
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