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Navigating Today's FED via GBP/USD

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... expecting a new overshoot to the downside here as widely expected since last month (see attached charts) - the brexit chapters are hopefully providing you with nice reading material

we are now trading 95% odds of a hike; though the impact will be softer on the dollar than most expect and impact will weight heavier on equities ...

Sterling is one of the best ways to play the dollar strength, those who are in premium trades from 1.30x and 1.29x congratulations as we can continue to scale in at 1.28x till the 1.26x handle is taken and we can trade air below. This swing will continue to last throughout the summer, so continue to see weakness UNLESS we see a major change in stance from the FED today, odds of this are very slim.

GL to all

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tracking like a hawk for an entry

액티브 트레이드

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markets have spoken, gl to all

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well and truly riding the pig.. stops moved to b/e

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getting the impression from chat that most are now lost in the trees and caught with pants by their ankles... this is a prime example of why entries are so important!!! serious lesson learned to all those entering arbitrarily. Now... lets put things in perspective for the mid term, we are still trading this map.. nothing has changed - weak hands getting shaken out here

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Loaded more here

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