Mar 27th 2007

Wasn’t looking very closely on the charts as Consumer Confidence isn’t a big indicator that’ll move the candles in any violent way. I’ve placed my stop sells in case the cable choose to crash down out of the trendlines; it didn’t :P

USD Consumer Confidence turned out to be even lower than forecasted, giving a quick boost to the pound around 30 pips before sliding back.

It would have been a good trade if you’re trading the news.

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