Friday 4 June 2010

Wrong again

Well, should have gone with the GBPUSD short. But this is the danger of being in the market when a particularly important piece of data is released i.e. this time the US jobs report

With all the indicators at their lowest point and the DJ at under 10000 I thought worth a punt. The only good thing about that decision was I somehow managed to stop closing the position right at the bottom and closed on a bounce

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