Crazy Singapore night!
Believing that durable good will be a volatile data, I decided to put a bid and offer spread trade on both the GBP and EUR as follows: –
GBPUSD – Stop if Bid at 1.5150, Spot at 1.5125, Stop if Offered at 1.5100
EURUSD – Stop if Bid at 1.0850, Spot at 1.0830, Stop if Offered at 1.0810
Market turned out to be dead boring…………..hardly moved.
I squared the positions 45 mins later flat!