Eventually had 3 long positions at .8300, .8400 and .8450. I had raised the stops together to .8390, and got pinched after the economic news.
Woulda, coulda, shoulda so far this morning. At 8am Eastern I wanted to go long GBP/USD but I didn't want to trade before the numbers at 8:30. Then I wanted to go long GBP/USD and EUR/USD at 9am but I didn't. Just sitting back waiting for the next setup while counting my missed pips.
okay, do not recommend having 7 open positions at once but here are the results: 4 wins 3 losses Winners: EUR/AUD EUR/NZD GBP/NZD GBP/JPY Losers: EUR/JPY GBP/USD EUR/USD ...as for the $$$...lost a little...little below 'breaking even'...no big deal...actually kinda liked trading the EUR/AUD, EUR/NZD, GBP/NZD...you can't scalp these crosses because of the huge spread...but...they do have great trading ranges (high-low)
9:13am short GBP/NZD at 2.4449 p 2.4400 short EUR/NZD at 2.1060 p 2.1010 short EUR/AUD at 1.7009 p 1.6959