Trading Diary June 17th

Ig charts had a problem on Monday so I could not trade much. I also had a few meetings on Tuesday, so again I could not trade much.

Wednesday had many announcements that could throw trades for or against you. I took 21 pips on gbp/usd (Cable) as it broke over the 50 mark at 16454.4, exit was 16476.7.


Cable then dropped horribly on fear of high Job losses due to be announced for 09:30 (GBP Claimant Count Change) and (GBP MPC Meeting Minutes) Many of the FX markets dropped with fear.

The Graph shows the spike Created at 9.30, there was a false rise then continued to plummet!