The USD related moves finally brought in some life to the market, as soon as the Cable broke out of the “channel” (technically was not a real channel) I went short and managed to get out at 1.9490 for a good 35 pips profit. I wasn’t around when the bears attacked again and pushed the price down again, oh well, only 51pips for today (yet) 
Maybe the USD weakening is in the past? Consumer Confidence Index came out at 51.9 which is a LOT better than the expected 50.0. This could mean that the US economy is getting stronger yet again, at least for a short period. EUR/USD went down the toliet after the news, USD/CHF skyrocketed into the air. Market’s getting better guys
I just went long at the range bottom for some quick pips. S/L is 15 pips below at 1.5717 and I target the top of the range or maybe even more…
Recent Comments