DislikedOn the subject of news and the affect of it on price I would say
If you look over the last couple of days it looks as though the bad news was already priced in. So basically we had a strong move in the direction of the expected news so could not expect much more.
When you look at the 4hr chart,
it is clear that the main down trend line was respected today , to the pip. So on the 4 hr we are in an immediate up channel within a much larger down.
Ignored
Now I am glad that at least I am getting some help from you guys (GOD bless you). I got so frustrated for the last 4 weeks and I am thinking to give up but hey that is the attribute of COWARD and I am not coward.
Any way thanks much. Currently I have 4 lots altogether in my 4 accounts and I prey that I will be able to close these lots with profits and after that i will take a break to get my confidence back. i was doing OK for 3 months but then I falled down with one big and one small losses. Wao that is a lot of money right guys. Have a nice weekend.