It was bad timing on the cable long, not supported by a long signal – in fact the earlier short signal was still valid. I must cane myself for not trusting my system rules!
I’ve closed the long at 1.6314, for a loss of exactly 100 pips. I have now added a short at 1.6314, small risk at $5/pip. SL is at 1.6405.
The ECB press conf is about to start – always a fascinating piece of drama, especially in conjunction with the price action in EURUSD at the same time. I’ve learned the hard way to ignore the price action during the event, there will always be good opportunities after the event.