Never thought I’d have to say “I missed an extra 400 pips on the second half of my winner, oh well, I’ll just take 1200 pips.” Friday saw the single biggest winner in Tradesight history as the GBPUSD broke under the UBreak, which was our short call, and ran about 1600 pips to the low. See that section below.
Here’s a look at the US Dollar Index intraday with our market directional lines:
As usual on the Sunday report, we will look at the action from Thursday night/Friday, then look at the daily charts of all the pairs with the Seeker and Comber separately for the week ahead, and then glance at the US Dollar Index.
Triggered short at A, hit first target at B (looks like a blip now), and then we stopped out of the second half at C about 1200 pips in the money (spreads were wide at that point, so wherever you got out, you got out):