Hi N and all else,
Looks like I missed out on an interesting day yesterday, here is this morning's bun fight....
GU; Buy stop at 49328 filled during 08:20 bar, price caught momentum and motored upwards, made a short retrace and carried on rise, paused for three bars and did another retrace larger than previous, found some more support to make 09:50 local high then just ran out of steam and reversed sharply taking out TS at 10:15 weak down bar for 54 points profit - no more trading on this pair for the session.
EU; Long entered at 26494 on open 08:15 bar, price moved slowly upwards, paused for two bars then started to accelerate upwards again with two bigger pauses en route to 09:40 new local high, then engaged reverse gear and fell back down the hill taking out TS with tail of 10:05 bar for 42 points profit - no more trades on this pair.
EG; Short entered at 84698 on open 08:05 bar, price turned and went weakly upwards for two bars then rolled over with some momentum and drove downwards printing 08:40 weird bar local low, then reversed and slowly started to retrace and 09:20 bar wick caught TS for 2 points profit. No further trades taken due to 10:30 spike bar appearance.
So now for the UK the "deal or no deal" situation is resolved, but for the Euro Rouble it still seems a question of confidence despite their creating a one trillion Dollar "fighting" fund - well, thats a few day's worth of EU turnover then! Should be a fascinating afternoon session for skimming a few scalps here and there, trade well and regards,
Simon.
