we heard the squawk that ECB commented on March statement and saying that the market had overhead into it.
Basically it was a dovish ECB comments and especially the market was bullish in Euro in the hope that ECB will tighten the rate drastically in the next meeting due to the positive fundamental datas.
Now ECB has publicly talked down the currency and EUR/USD dropped 30 pips right away.
We jumped in with 5 mins chart and set SL to BE when we realized we’re areldy broken the S2 so really little room to go down further.
We are not trailing with tight SL in 5 mins 3 bar exit.
Be happy to grab any pip in this sudden trade.
profit at 4H/Daily S/R @ 1.0730 or handle at 1.07.
we heard the squawk that ECB commented on March statement and saying that the market had overhead into it.
Basically it was a dovish ECB comments and especially the market was bullish in Euro in the hope that ECB will tighten the rate drastically in the next meeting due to the positive fundamental datas.
Now ECB has publicly talked down the currency and EUR/USD dropped 30 pips right away.
We jumped in with 5 mins chart and set SL to BE when we realized we’re areldy broken the S2 so really little room to go down further.
We are not trailing with tight SL in 5 mins 3 bar exit.
Be happy to grab any pip in this sudden trade.
profit at 4H/Daily S/R @ 1.0730 or handle at 1.07.