Wednesday FOMC Uk earnings
took the day off cause it wa a FOMC I knew Uk earnings is out but its normally a weak report and fomc days are just weird and GBP was in no mans land not sure if it wants to go up or down so i took it easy
UK earnings came out mixed and the market sold off
EUR - eur broke out 18:00 went long for 5 pips then hung around and sold off with the gbp got stopped out two candles later (-30) set up a short got 17 and then it reversed for 3hrs and touched the top of the bottom line and now into NY session got (20) with the news release chf broke out 19:30 did nothing for an hour and then got a boost with the gbp sell of and got (40) pretty easy gbp trade of the day sold off on news got a short next candle a Doji perfect then next 4 candles did 70 pips targeting the next pivot got (70) perfectly reversed off that then hung around for next 5hrs in 20 pip range down there
**TODAYS WINNING TRADES WERE AGAINST THE USD WEAK TREND AND THE GBP HAS BROKEN DOWN SIGN OF A NEW TREND IS APPEARING**
The euro range was pretty big for gbp and chf so that was a sign to stay out anyway
NY - gbp got a sell at 1am flipped next candle and stopped out (-30) then nothing all
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