Closed 50% at +30 on GBPUSD - Moved SL -> BE+3.
DislikedDoes anyone know where the sudden outburst of gbp came from?
Was it an extreme move to get out of the oversold area on the higher timeframe or was there news regarding gbp?
Eurusd and audusd also went up, but not as much as gbpusd. Other gbp paires also went up pretty fast.
Only thing I see was a bounce from the 50.0 fibo, drawn from low 13 January to spike high 29 February.Ignored
DislikedFed will release Bank Stress Test in two minutes
High expectation that this will support Wall Street
Look at gold, capital went from gold to Wall st
interesting, uds index has not responded to that yetIgnored
DislikedG/U broke out, but with no cross. Waiting for the crossIgnored
DislikedMore importantly for me will be the close today. We had a decent bounce from 3100 on 8/3/12 so a neg close day again after yesterday would suggest 3100 will fail.
That would give a clear D lower high with a target around 2970.Ignored
Dislikedi long myself. but suddenly see a good pullback might happening. if it indeed forming pullback. i might close and short in the next candle. how about your thought?Ignored