Great day today. Wall Street fell like a baby. The Cable and Euro hinted at weakness at the start of the US session, not even bullish enough to go on the usual stop hunting queued on the upside. Since the break of the symmetrical triangle, the cable has never looked back. It is a devastating fall for the US index, which opened up more than 150 points and dipped straight into-50. I have yet to find out which news caused the sharp reversal, but the drop coincided with dollar strength, and unexpectedly a sharp spike in gold as well. Seems like risk aversion. Today i netted my largest profit so far on this small account.
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