After closing the longs from 3040 @ 3080 on Friday i went short after the NFP. It was obvious that eu was rising cause of poor NFP data which will translate into change in a hawkish stance from Fed.
But nothing has changed much for euro itself too in terms of debt crisis so i thought it was worth a shot to fade the initial move.
Update: Stopped out after seeing a profit of around 35*4 pips. Not the perfect way to start the Week.
But nothing has changed much for euro itself too in terms of debt crisis so i thought it was worth a shot to fade the initial move.
Update: Stopped out after seeing a profit of around 35*4 pips. Not the perfect way to start the Week.
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