At least a winner and almost a second one, although we cut the EURUSD off ahead of the Fed announcement (would have worked). See EURUSD and GBPUSD sections below. We apologize for any tech issues today. Our site was down for 6 hours due to a node issue at Godaddy.
Here’s a look at the US Dollar Index intraday with our market directional lines:
EURUSD:
Triggered short at A, never quite made it to the first target, closed it at B at the entry ahead of the Fed. Could have rolled the dice (and it would have worked) on the Fed announcement, but we aren’t here to gamble. Would have been different if it had hit the first target:
GBPUSD:
Trigggered long at A, hit first target at B, and stopped second half under the entry at C:
