UJ pinbar short

UJ pin bar short.

Kommentar:

Despite most believing that there will be a rate hike tomorrow, I highly doubt it.

The markets already have a 90% expectation of a rate hike, meaning, that If the fed does end up hiking, the dollar will increase in value, but not by a whole lot. However, if the fed does not end up increasing rates, this thing will drop like a rock.

Trade ist aktiv:

I was wrong about the fed not raising interest rates, but that doesn't matter considering it still fell.

Trade ist aktiv:

Taking profit on 1/3rd of my position, waiting for a pullback to re-enter short.

Trade ist aktiv:

Moved stop loss to 113.567