Deja vu with AUDUSD this week hopefully. Scalped the gap last week for short 1:1 trade for 20 pips
@ .8. Spreads low 1s. This morning long on gap for 1:1 trade for 20 pips. @ .8. Spreads mid 1s,
Only decent spread worth trading on all gapping pairs in 1st 30 mins.
Last week divergence trade on AU , entry .7341, Short for 132 pips @ .8.
Today possible Divergence trade, Long . Need 4H close above 23 Fib and a few other things to line up.
S/L below this mornings low and should be around low 50s.
Of course this may not happen and there are a few other trades that may line up and be better value.
Leaving anything GBP alone for early part of this week.
