The dollar has been strengthening against the pound since I took a pound short on the 24th. Last night things got a bit choppy and we saw a bit of a retrace as the MACD crossed over. I exited my short pound position at around 9:00 p.m. last night at 1.9623 for +132 pips.
The Russell has also been choppy this morning with little directional conviction. First and only trade of the morning was at 6:38 short at 796.8 for +1.5.
Net on the morning: +1.5
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Online Encyclopedia of Trading Psychology
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