Good CCI divergence on the charts. The economic calendar shows good numbers on the GBP. I expect a DXY pullback. However the economic calendar lists pirate activity this week so will keep my position size 33% of normal with a wide stop.
Update: position open, currently below the 1.185 stop-loss
Position stopped out; risk capped at -7.6% of equity
Daily high-test and double top off the 50 ema. I expect the GBP and USD to apply downward pressure on the Euro. NOK is a commodity currency. Position sizing will be halved due to correlation with EUR/$ short.
Update: position open, currently below the 9.366 stop-loss
Position closed, 08-24-2017: closed out on 200 ema bounce; gain on trade +23.1% of required margin.
Update: took a minor short on AUD/JPY at 87.3; closed position early due to change in retail positioning; gain on trade +15.4% of required margin.