I'm a real estate developer of some experience, but totally new at TA. Can you help a novice understand your jargon?
I understand that you're currently SHORT USDCHF & GBPAUD. So when you say that these pairs have "Gaps open to upside", does this mean that you'll be switching your current short positions to long positions? And conversely, does it mean that you'll soon be switching your current long positions in AUDUSD, EURUSD, EURJPY to short ones to take advantage of gaps opening to downside?
Apologies for asking such a basic questions, and thanks in anticipation Greg (PS: Cardigan = Welsh Cardigan Corgi :-)
