"Get worse before they get better.....may improve by 2009"

Feds Yellen statement yesterday looks like made some over reacting by the traders. I dont have any presumption about continuing to buy sterlings today but any upward looks good to be resisted at 1.9800 and 1.9900 area. I should be more careful today. Maybe i should step away just like yesterday but it would be a good scenario if EMA 34 crossing up and then crossing again down maybe thats a good time to take a short and maybe i should take a part if only velocity occure. All of it are espect to be happens on 1 hour time frame. Shorting at 1.9700 would be nice but i wont take lots of profit if im doing that.


Have a Nice Trade

          :-)