Long GBPUSD @ 1.5284; long EURUSD @ 1.3157

7.15 gmt

I’ve been watching cable with the idea that the London open will give a good opportunity to go long in sync with the system. Cable obliged, but I was out ferrying kids around town. So I missed entering around the 1.5270 level for which I had set an alert. Nevertheless, this is a good enough entry.

Long GBPUSD @ 1.5284. SL 1.5242.

The system has been long GU, EU, AU since late last week, but I closed all trades before the weekend. The original long trades are still valid, especially the EURUSD and GBPUSD. The AUD does not offer a very good risk-reward for a long entry after the surge in early Asian trading.

For the sake of system testing I would enter system trades as follows:

long EURUSD @ 1.3157, SL 1.3122.

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