Sure enough, the retrace upward was another head-fake, this one designed to snag the safety cautious who look to get in halfway through a move.
It turned and gobbled them up and price has once more continued its march South. Normally, I would be happy to piggy back this, nabbing a couple of pips on every 10 min candle or whatever but I haven't felt my hackles rise so much in a long time. Something is way off today. Someone is driving this hard.
As such, I am on the sidelines for the rest of the day - or at least till the US kicks in.
Here's how it's looking just now.
It turned and gobbled them up and price has once more continued its march South. Normally, I would be happy to piggy back this, nabbing a couple of pips on every 10 min candle or whatever but I haven't felt my hackles rise so much in a long time. Something is way off today. Someone is driving this hard.
As such, I am on the sidelines for the rest of the day - or at least till the US kicks in.
Here's how it's looking just now.