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Nov 17, 2016 5:44 PM

Brainard Brains /12:30 Speech results (Scalping Idea). Short

Euro Fx/U.S. DollarFXCM

Description

Hey. So, pretty much Brainard (FOMC guy) drove EURUSD lower for short-term, and this is the right time to open a huge sell for a few hours. Beware of the fan I drew and RSI, they're lining up for a re-tracement soon. I'll explain and update this post as time goes by.

Trade active

Opened before this huge 230 pip drop, glad I've done it as quickly as I could!
prnt.sc/d8j5hc

Comment

Risen slightly above the 48 on RSI but all good. It'll reach back below.

Trade closed manually

Ok, something is not right here. Its confusing and I don't want to hold my trades against a 60+ movement in RSI, so I'm just going to sit on the sidelines until EURUSD gains ''confidence'', well, retrace so I can analyze it again. I don't know what's driving it high. I believe its the same for Gold.
prntscr.com/d8jpnq
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