Things were slow as usual on Monday, most majors still holding at strong support levels. My long order was triggered and taken out with 30pip loss, bears were nasty and i got chewed up. Looking for short trades for rest of the day, i decided to take a trade on aud/usd, price short of 8pips from tp, decided to close it by end of Europe session for 10pip profit before momentum runs out. Eur/usd was a better trade. US data came out as expected, not much movement there.
On my test system, Overeasy didnt provide any signals. Channels were thin and most of the time going the other direction. Looking for better trades on Tuesday and rest of the week.
Result: -20pips
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