Both the UK and Euro have interest rate announcements today. Like NFP price action can be volatile and we generally would not trade. I have checked back 6 months on NFP and UK/Euro interest rate days and provided price action is not particularly slow or erratic these days appear to offer good system trades.
So we will be taking trades during London session when set ups occur on both NFP and UK/Euro interest rate days.
No trades today.
Month to date 10 trades 8 winners 2 losing, 9% ROI.
See my trades at forexfactory under useful links where trades and charts are posted real time.
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