With some what flattened market movement on the EURUSD pair prior to the opening of the European session, the cut and exit all my long position early...knowing something is not right. It all started when the European equities open lower than previous day. The market move well over 100 pips from today's high - totally the opposite of my long trades.
Now I am watching the progress of the USDJPY on my 4-hour chart for any bullish opportunity. If the market breaks the 108.42 level that will be my time to concentrate on USDJPY pair for another long trade.
Happy trading guys ;)
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