ISM non-mfg came in stronger than expected, and EUR/USD soared after the initial selloff. The move looked a bit overdone, so I shorted with low leverage, looking to close out intraday.
Short June '15 6E (EUR/USD) @ 1.1193, stop set up at 1.1208
Update
Looks like there was more to go. Heavy buying in a few spurts after European markets closed pushed EUR up fast on no news. Stopped out. Thinking it has again run its course, Short 6E @ 1.1217, stop set at 1.1223, medium leverage.
I'd be interested to know where the heavy buying interest is coming from all of a sudden.
closed at 1.1208. Gain on trade, but loss for the day is what I reported in the last trade, so I'll leave it at that.
Short June '15 6E (EUR/USD) @ 1.1193, stop set up at 1.1208
Update
Looks like there was more to go. Heavy buying in a few spurts after European markets closed pushed EUR up fast on no news. Stopped out. Thinking it has again run its course, Short 6E @ 1.1217, stop set at 1.1223, medium leverage.
I'd be interested to know where the heavy buying interest is coming from all of a sudden.
closed at 1.1208. Gain on trade, but loss for the day is what I reported in the last trade, so I'll leave it at that.
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