Thats true. This is a 5 minute chart. From what I know heres how I think I would look at it. Even though the consumer sentiment is only yellow it seems it move the pound in favour of the dollar. Which is was a favorable report for the dollar. I would say the high has been established at 7:20 and with it retracing after consumer sentiment report at around 10 am I would probably think I missed the retrace. This is a funny day because by 10:30am the range for the pound dollar had only been 50 pips. Which the pound since 2006 has only stayed in that range 4 times since 2006 and less then 60 nine times. I would be thinking quite a deal or probably again basing my thinking on the 9am news announcement it may go down more. Which of course it went up. Thats a good one because of so little movement up to this point.
But of course if it spiked up I would have gathered my wits and entered later off of the spike to hit a at .50 You know what I mean. Who knows maybe I would've. I shouldn't make fun of me.
But of course if it spiked up I would have gathered my wits and entered later off of the spike to hit a at .50 You know what I mean. Who knows maybe I would've. I shouldn't make fun of me.
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