New from ForexLive: Marital advice (AKA basics for traders)
I was reading Greg's wrap of the US time zone trading and came across this on GBP/USD movement today. Bolding is mine:
- The charge higher in the dollar on the news, was led by a 100 pip fall in the GBPUSD in a matter of seconds in the NY afternoon session.
- The news dovetailed a technical break of the 1.2988-90 which was a ceiling yesterday, became a floor after the break higher today, before breaking below shortly after the story/video broke. So the ceiling at 1.2988-90 became a floor, but then became a ceiling again on the break lower. Got it?
And so, to marital advice.
Find a nice girl/guy/dog, whatever the heck is your preference and by all means get married if you'd like.
DO NOT marry your view of the markets. Markets are for trading, not marrying.