This is why we go down to little size on our trades ahead of Fed announcements. See GBPUSD section below. On to triple expiration…
Here’s a look at the US Dollar Index intraday with our market directional lines:
GBPUSD:
Couple of spikes to mess with us. Our long triggered on a spike over R1 at A and stopped immediately. Our short triggered at B and stopped (if you didn’t close it sooner) on a spike on the Fed announcement at C: