Cliff Note: the BUY pattern worked and then, well, it didn’t? Some WILD SWINGS in the currency markets. the Gorilla’s were/are definitely juggling dynamite. One of my RULES is that I NEVER trade on non-farm payroll days. Just sit on my hands … bet a lot of people went long $$, then short $$ then long $$$ … W O W.
Look at the “wicks” on those candles … that is some serious UP and DOWN action. Do we really have a clue of who has control? Well, right now the chart is red and lower – so that’s my best guess…
W O W
Guess will take a fresh look (again) this weekend …