Skip navigation

GBPUSD was holding at spot of 1.5760, I decided to do a spread trade; 20bps either side of the fence, stop if bid and stop if offered.

Data came out much better -32 versus forecast of -21, GBP popped up to 1.5820.

It triggered my Buy Stop if Offered at 1.5780 and I squared at 1.5815 for a trading profit of 35bps.

Now, GBPUSD spot is back down to 1.5773.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: