This is the move that I like to see! Who doesn't?
It was caused by news release, but direction was established yesterday. I have currently 60 pip profit, SL is moved to lock in 30 pips. Price has stalled near previous highs, also at a round number 1.5300 .In my opinion this is just a consolidation before it proceeds higher, as there is plenty of space. There are also news coming out later today which will affect $ and therefore this pair too. That is the reason why I have my SL moved to this level. Had a bad lesson last week .



My other trades
I have set a long stop order for AUD/USD, will see how it plays out. And EUR/CAD is not performing too good, but the risk is already minimized on that position. I expect further decline. USD/CAD is not going down as fast as I expected it would
Also feeling bad on missing out on GBP/USD, was hesitating.
Lesson - once You see a signal, simply execute the trade!!!!
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