Almost every week I’m working with the rule of Wednesday = Tuesday when it goes about trend direction. Well today the situation was a bit different. GU made new HH and than fell off. Deep drop over 100 ATR is showing us the trend is no more long and after FOMC confirmation, there is no reason to buy the pound. Just way for any retracement and go short. According to the pair correlation, the same situation is on the UY and EU too. UsdJpy is long with nice zones to entry. Unfortunately I was a lot of the time through the day out of the platform. Today I made just one trade with two positions and profit +22 pips. It was a nice short EurUsd after news and almost 100% retracement. It’s really great when you keep patience and wait for the pullback.
EurUsd short +22 pips
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