I’m confused and a bit disappointed. Maybe I tried to read too much into this.
I’m a Chartists, or so I would like to think of myself. But I thought it would be a nice experience to actually watch the inauguration speech of President Obama and watch what will happen on the charts.
Below are the actual results of the hour his speech took place and the results there off.
If possible I would like to hear from other trades, especially the Fundamental traders, because this was news, wasn’t it, or does Fundamentals only pertain to Currency news…. What about other news like war or something similar then?
GU
Open 1.4021
High 1.4045
Low 1.3989
Close 1.3997
Range 56
O/C 24
EU
Open 1.2945
High 1.2958
Low 1.2921
Close 1.2935
Range 37
O/C 10
UC
Open 1.1300
High 1.1304
Low 1.1292
Close 1.1300
Range 12
O/C 0
UJ
Open 90.39
High 90.46
Low 90.33
Close 90.46
Range 13
O/C 7
GJ
Open 131.19
High 131.31
Low 130.99
Close 131.09
Range 32
O/C 10
My Point is that I would have thought [and yes I know you don't think in trading but only follow what the charts tell you, at least for me in charting that works] that the currencies would have shown more volatility!
I’m a Chartists, or so I would like to think of myself. But I thought it would be a nice experience to actually watch the inauguration speech of President Obama and watch what will happen on the charts.
Below are the actual results of the hour his speech took place and the results there off.
If possible I would like to hear from other trades, especially the Fundamental traders, because this was news, wasn’t it, or does Fundamentals only pertain to Currency news…. What about other news like war or something similar then?
GU
Open 1.4021
High 1.4045
Low 1.3989
Close 1.3997
Range 56
O/C 24
EU
Open 1.2945
High 1.2958
Low 1.2921
Close 1.2935
Range 37
O/C 10
UC
Open 1.1300
High 1.1304
Low 1.1292
Close 1.1300
Range 12
O/C 0
UJ
Open 90.39
High 90.46
Low 90.33
Close 90.46
Range 13
O/C 7
GJ
Open 131.19
High 131.31
Low 130.99
Close 131.09
Range 32
O/C 10
My Point is that I would have thought [and yes I know you don't think in trading but only follow what the charts tell you, at least for me in charting that works] that the currencies would have shown more volatility!