Quite a few nice setups in FX this week. I have carried some of my trades over from last week that were not affected by the election. I exited my pound pairs ahead of the election. My main focus to start the week has been to re-enter my pound positions according to my rules after exiting them last week. I never hold positions open during an election or major event. I always close out and re-enter once the outcome is clear. This is for my risk management purposes. Never be afraid to take profit ahead of an event such as this. You can always come back in and pick up where you left off.

The seven major pound pairs are all on my short term template.

This entry was posted in Forex. Bookmark the permalink.