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I was looking to take a long entry in the EURAUD.
Normally I don't like to trade on Sundays. I prefer to take a position once the London session opens and was waiting until then to put in an entry, but I did not realize that there was AUD Data. The data confirmed my bearish AUD short term sentiment and took the pair up 100 pip in a quick leg up.
The entry bounced perfectly off the 50% retracement @1.4630 as well on the open. It could have been a good start to the contest, but I suppose these things happened.
Normally I don't like to trade on Sundays. I prefer to take a position once the London session opens and was waiting until then to put in an entry, but I did not realize that there was AUD Data. The data confirmed my bearish AUD short term sentiment and took the pair up 100 pip in a quick leg up.
The entry bounced perfectly off the 50% retracement @1.4630 as well on the open. It could have been a good start to the contest, but I suppose these things happened.
