A dull session with a strange trigger. See GBPUSD below.
Here’s a look at the US Dollar Index intraday with our market directional lines, notice how flat most of the session was:
GBPUSD:
The GBPUSD was right at our short trigger when the news hit, and you’ll notice a spike from the trigger at A to B. These spikes have been rare over the last couple of years, but we have seen a couple the last few weeks for whatever reason. Depending on how your orders were staggered and how far you spaced the stops and limits on your entries and how you got filled, you could have entered parts of the trade before the spike or parts after. Either way, at best, part of the trade worked to the first target at C before stopping anything left over D, and that’s not counting whatever stopped on the spike to B. This is why you never want to be right at a trade trigger when news hits:
