EURO and GBP made the extended stop hunt during the first week after initial downward move before interest rate decisions expected from BOE and ECB.They made further extended rise for NFP data time for week end.We envisaged the moves before hand and traded accordingly – ie buy and sell trades initially in EURO and GBP and then taken sell positions near high in them for week end.We envisage a slide from Monday as their intentional move and then we will book profit during quick drop.

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Regards

Dr.Sivaraman