earlier shorts all closed at various profits or scaled out before the retrace. reentered from near the top of the current retrace. not sure if you guys will get your london rally, but i'm bettin some shorts that it won't go too far or too long just yet.
a turn does seem to be in the wind tho... timing is everything
add: just a thought here... that last couple minutes of price action right before london open would have made me a little nervous if i was long. it sort of looked like stop clearing to the topside across multiple pairs, which if true could indicate a quicker drop than you'd want... all my shorts currently back into profit much faster than I anticipated, some by a couple dozen pips. going to give it another few minutes here.
a turn does seem to be in the wind tho... timing is everything
add: just a thought here... that last couple minutes of price action right before london open would have made me a little nervous if i was long. it sort of looked like stop clearing to the topside across multiple pairs, which if true could indicate a quicker drop than you'd want... all my shorts currently back into profit much faster than I anticipated, some by a couple dozen pips. going to give it another few minutes here.
FUBAR...