TERRORIST BASTARDS (UK airplane)
What a day.
I got back home and saw a EUR session buy on the GBP and I saw Rob had a buy and TD is going to be bad. Went long and it flipped so went long more and long Euro and then I saw the terrorist stuff had been foiled but it didnt effect the market much so we stay long but then it just fell and fell (each time a airline canceled flights to heathrow) on this news ...
It pretty much kept falling didnt stop until daily pivt (70 pips) and GBP (100pips). retraced half and then fell again and news couldnt bring it back up and then from then on it just fell and fell (200 all up). There was USD weak news everywhere but the market just clung to USD strong news and ignored all else. Reminded me of exact same as the Zarkawi death. I just had in my head there is USD weakness, I knew it could come down but wasn't expecting this big a move. If it wants to move it will move ok. After the news should have closed and moved on. In fact I didnt exit on the NY session rule stop to, because of the "TD" USD had to weaken. I didnt follow any rules. Seen new rules post above.
EUR and NY session rules made 330 pips today! Enough said.
Lessons: Market goes where it wants. NOTHING WILL STOP IT. Don't take a opinion. Go long or short based on your charts. They don't lie. Don't trade on tips, just use them.
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