Yeah, I didnt expect it to drop 200 pips in 14 hours. But at this point I'm extremely leary of trying to pick a bottom. Stochastics has been stuck on oversold for quite some time on several different time frames, but it keeps on tanking. I'm not sure what to make of all this, so until...
Surprise move
I followed the USD/CAD this morning and was surprised to see a 100+ pip downward move after the interest rate showed no change. Fortunately I was able to get 44 pips out of it. Looking forward to your review of this signal at the end of the week.
-Brian
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