Took a short place @ 1.7454 @ 7.18am London time

ideas and Suggestions

The momentum had change to short perform to the new york session and also the best bollinger band coming to play along with forcing the market short. Day chart rules indied a short and also the GMMA was confirming this, so short was shot.

Profit target of 1.7400 came from fib's on the day chart, therefore limit order was set.

Conclusion

Closed position in line with projected target @ 1.7404 at 9.18am London time to get a profit of 50 points

Total points since journal began

50 Points