
With trade balance in the morning I will be taking smaller profits and canceling orders ahead of the announcement. IMHO there are still some pretty good set ups tonight. But because of the trade balance I would suspect that the volume will be much less than normal so my targets will be smaller. I will also be using smaller stop losses as well. Maybe some trailing stops. I like the 5 pips trailing stop on slow nights.
I still like the AUDUSD, EURUSD and GBPUSD Butterfly patterns
1 comment:
Looks as though your short calls fall right in line with Chris's value area calls as well. Hmmm
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