Well, it looks like Prime Minister Blair may have been misquoted when saying that employment data would come out slightly worse today – it unexpectedly came out better! Unemployment claims were actually down unexpectedly, show signs of strength in the economy. So, the short story is no short trade as expected, but our long trade was triggered. Unfortunately, we were stopped out a few hours after entry as traders we’re battling it out before picking a direction. Oh, well…on to the next trade!
Lot 1: -20 pips
Lot 2 -20 pips
Total: -40 pips
This content is strictly for informational purposes only and does not constitute as investment advice. Trading any financial market involves risk. Please read our Risk Disclosure to make sure you understand the risks involved.