The market today make a huge leap to fall over the cliff especially the Euro against the Dollar. I am sure the cable also make the same price action. The move is well over a hundred pips, but I did not have that opportunity to trade for two reason.
First, earlier during the London session the price action was not that hectic for me to prompt any entry...only after the Trichet made his speech the price began to make the moves. But marke movements was just to fast that all my trading indicators can't cope with and lost sight of it. The price action did not make it to my 38.2% retracement level. I think today Mr Trichet drive the Buggati rather than the Mercedes.
Secondly, I fall asleep at 10pm (Brunei) and again miss the other opportunity that was available on the 1-hour chart, just after the release of US ISM Non-Manufacturing PMI.
But not too worry, because tomorrow's US NFP will bring in another opportunity. I will not trade before 8:30 pm Brunei tomorrow until the relase of the market shattering NFP.
Until then....happy trading guys ;)
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