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A dovish message from US Federal Reserve chief Janet Yellen on Wednesday sparked a broad-based rally across asset classes and weakened the dollar.
Squawk / 09 September 2016 at 12:28 GMT
Hypothesis Testing
United Kingdom
Before CA Labour data is released.....an interesting area to short perhaps?
09 September
fxtime fxtime
Data now out...we dropped to 1.2935 but not through it....lets see if we retest. Orders still awaiting a fill !! Incredibly close though as went within 1.25pips of my order.
09 September
augustus augustus
Is that a Llama standing right on your shorting area?
09 September
fxtime fxtime
It is and I was hoping thaat it had completed the move upwards .... so missed the upmove and now stupidly I have an unfilled short order still pending :-(
Well spotted about the llama mate :-)
Still at least I got the three day price breakout trade on SP500 today...what a lovely drop :-)
09 September
fxtime fxtime
Speaking of llama's...the usdcad has just formed another one fwiw....but we are in an illiquid market now so I will not trade that one as we have approx 3hrs left in the trading week.
09 September
fxtime fxtime
Augustus...here is the follow on second llama....and even though there is very little trade time left in the week and liquidity is falling it worked ! As mentioned above i didn't trade it.
Chart attached fwiw
10 September
augustus augustus
Great, thanks for the update!

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