Trade photo.

Trade photo.

It's a standard 'risk on trade' with a 20 pip stop loss and a 30 pip profit target. I've gone for 1.5:1 risk reward because it's so early in the trading day.

The stop loss is behind two 1hr swings

The risk to the trade is the usual Friday malaise trading. Or US consumer sentiment data...or something out of the blue denting risk sentiment.

I will close the trade before end of day to avoid weekend risk.