Thursday 6 December 2007

Trade the News Entry on GBP Interest Rate Announcement

12:00 pm GBP Surprise rate-cut to 5.5% from 5.75%

No trade entered.

The signal software has been pointing to GBP weakness the whole morning. Well, I missed a chance to enter based on that. Luckily, my own EA system has managed to pull a winner from this news event.

I am still looking after this morning positions.

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