Dudley shows us that even the best laid trading plans can count for nought against a single comment
A big thank you to Dudders for tipping me out of my cable shorts. I thought I'd survived the ADP as my second order filled at 1.4520. I actually missed his comments as they hit at the same time as ADP.
It's a great reminder that for all our plans and strategies, all it takes is one talking head to blow that to smithereens. It's all part and parcel of trading.
While the USD move is fading vs the euro and JPY, I get the feeling that based on the PA I was seeing in GBP, it might be a little harder to get that pop genie back into the bottle. We'll see.
At the moment the 1.4520 level is support
GBPUSD 15m chart
For now, I'll take a couple more minutes to curse Dudley's name before putting it behind me
William Dudley: Blowhole of the month so far
