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3 trades taken so far in the Euro/London Session. Only 1 gave a small profit of 7 pips. Both of the losing trades were caused mainly by news announcement so It's hard to say if the losses were because of the system false signal.
1st trade was floating at around -5 pips when the UK Housing came out and hit the SL.
2nd trade was closed because of a reversal signal
3rd trade was floating at around +16 pips when the US ADP and GDP came out and hit the SL
A weak signal was generated to go long gbp/usd @ 2.0707 with TP 2.0727 and SL 2.0687. Turned out to be a winner, but since i didn't take this trade, i will not put it in the record.
I'm reluctant to open another trade ahead of the interest rate decision. But if a signal does pop up, i will still take it and report it. Since it's still in the testing period, this will help me decide whether to blindly take all signals generated or take upcoming news events into consideration.
I'm expecting to see the gbp/usd to trade in tight ranges until the rate announcement. No signal in sight yet, probably won't have another one for the day.
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