Make sure you look at the GBPUSD for what a wild and crazy ride Forex can be (and dangerous). Along those lines, our EURUSD trade triggered and stopped just barely before working perfectly. Sometimes it happens. See both sections below.
There was no real reaction to the Fed announcement today.
Here’s a look at the US Dollar Index intraday with our market directional lines:
New calls and Chat tonight after 5 pm EST when the new levels come out after global rollover.
EURUSD:
We were half size ahead of the Fed announcement as little is expected on those nights. Our long triggered at A, but stopped just barely at B (bouncing off the VWAP) before working perfectly to our first target at C. Oh well, sometimes it happens:
