Well I played a few scalps since the FO/LO and I have made 12 pips. I increased my trade size to 0.6-lot. Mostly I was interested in watching these various news announcements to keep learning how the market behaves around the different news announcements but these have been pretty zzzzzz so far. One more tonight I will watch and then its bedtime
- that's the EUR Flash GDP figure. OK in the last few hours we have had red numbers for the German, Italian & French GDP announcements so does it not stand to reason that the Flash figure will be down (if not red?) --- forecast is for +0.6%, last month was 0.2%....
Later: OK, the Flash number was red. There was not much of a move and the PA went up a little bit for a few minutes, then we got about a 10-12 pip move down over the next 20 minutes. S&P futures slid off alittle but are still up as of 1030 GMT....
Have scalped in the downtrend a few....
- that's the EUR Flash GDP figure. OK in the last few hours we have had red numbers for the German, Italian & French GDP announcements so does it not stand to reason that the Flash figure will be down (if not red?) --- forecast is for +0.6%, last month was 0.2%....
Later: OK, the Flash number was red. There was not much of a move and the PA went up a little bit for a few minutes, then we got about a 10-12 pip move down over the next 20 minutes. S&P futures slid off alittle but are still up as of 1030 GMT....
Have scalped in the downtrend a few....
"If The Fool persists in his Folly he will become wise." - William Blake