DislikedWell...Here we go...Exactly as I anticipated in my post on friday those shorts who stayed, got squeezed out...
And as I tried to warn Malcolmb who kept saying "volume at 6100 was HIGHEST for dec" based on H1 "expecting 1.5750"....
My friend, that doesn't work for medium-to-long-term trades......the market always does what is right....no amount of volume (which is especially unreliable in forex) will change that....
Like I said on friday "Rude Awakening" would await those who didn't cover their shorts...
I Will Continue To Carry...Ignored
I know because I was on the same ride too (welp, except I got off a bit early a few hours ago)
I've reversed my longs & sold. You're not planning on covering?
Thank You