How do you deal with economic events and how does it influence your trading ?
On another point. Are you based in the UK? What were you doing up at 3a.m !!!!??
The higher the time frame the more reliable but smaller time frames provide more opportunities. I don't look at anything less than the 1H. (Daily, 4H &1H) Whichever time frame provides the best opportunity or is clearer. I can look at the daily and not see anything and then look at the 4H & see a good set up.
What was your trigger to get into the GBPAUD trade?
I don't like it when there is no confluence in the charts. We expect GBPAUD to sell off and GBPJPY is bullish. Ummmh. That makes me feel like one of them is not going to do the expected. What's your take on that?