July 30, 2020 | +21 Pips| Short Term Trading

#1
Morning Thoughts
FOMC meeting minutes where good for a good shaking but after everything was said and done the price did not get any directional impulse. However, the uptrend has been steep and that's why I looked for shorts today in the morning.

SETUP 1

Both, EUR and GBP showed some weakness today in the morning.

profx_30072020.png
profx_30072020.png (45.81 KiB) Viewed 2621 times

I went short when GBPUSD started to rollover and closed the trade with +10 pips when the momentum slowed down.

profx_30072020_1.png
profx_30072020_1.png (50.74 KiB) Viewed 2621 times
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